Global reinsurer SCOR has announced the completion of the sale of its ownership interest in Humensis to Huyghens de Participations, the holding company of the Albin Michel group.
Humensis, established in 2016, was created with the objective of promoting knowledge dissemination. SCOR noted that it supported the company’s growth, positioning it as the ninth-largest generalist and educational publishing group in France.
The publishing group was initially built around Presses Universitaires de France (PUF) and Editions Belin. Over time, it expanded to include a diverse portfolio of established brands such as Belin, PUF, Que sais-je?, Editions de l’Observatoire, and Editions des Equateurs.
With the sale to Albin Michel, SCOR said that it aims to place Humensis in the hands of a significant entity within the publishing industry. According to the reinsurer, this move is intended to ensure the continuity and growth of Humensis' publishing operations while maintaining its presence in the French intellectual landscape.
Elsewhere, the firm also recently presented its Actuarial Awards for 2024, which notably marked the introduction of a new Asia-Pacific award program, as well as the launch of a scholarship initiative for actuarial undergraduates in the UK.
The awards, supported in France by the SCOR Corporate Foundation for Science, are judged by international researchers and professionals in insurance, reinsurance, and finance.
“Our Actuarial Awards have been supporting actuarial science for the past 28 years. By expanding their reach to Asia-Pacific and creating a scholarship program for actuarial undergraduates in the UK, we are fortifying SCOR’s firm commitment to pushing back the frontiers of insurability and contributing to the welfare, resilience, and sustainable development of society,” CEO Thierry Léger said.
SCOR has also recently announced its strategic priorities and financial targets for 2025-2026, confirming its commitment to achieving an annual economic value growth rate of 9% and maintaining a solvency ratio within the optimal range of 185%-220%.
What are your thoughts on this story? Please feel free to share your comments below.
