SCOR shareholders approved all resolutions proposed by the board of directors during its shareholders’ meeting on April 30, at its Paris headquarters, with chairman Fabrice Brégier (pictured above) presiding.
Among the key decisions was the approval of a €1.80 per share dividend for the 2024 financial year. The ex-dividend date is scheduled for May 2, 2025, with payment to follow on May 6.
The meeting also saw the reappointment of Fabrice Brégier, Martine Gerow, and Fields Wicker-Miurin as directors. Diane Côté and Doina Palici-Chehab were appointed to the board, and Jacques Aigrain was named as an observer.
Brégier acknowledged the contributions of outgoing board members Natacha Valla and Zhen Wang.
As of April 2025, SCOR’s board of directors comprises 14 members, including two employee-elected directors.
The vice-chairman is Augustin de Romanet, who also chairs the sustainability committee and serves on several other key committees, including the strategic, audit, risk, and crisis management committees.
Other notable board members include:
In a written response to questions submitted by Reclaim Finance ahead of the shareholders’ meeting, SCOR addressed its approach to climate-related risks and fossil energy underwriting.
Damage from climate-related disasters surpassed US$100 billion globally in 2024 for the fifth consecutive year, with total economic losses estimated at nearly US$400 billion. Reclaim Finance also cited that close to 60% of losses from extreme weather events remain uninsured.
Regarding its position on fossil fuels, SCOR stated that it no longer provides coverage for new upstream oil and gas developments and no longer invests in companies with fossil fuel expansion plans.
It added that its investment portfolio’s carbon intensity was reduced by 39% at the end of 2024 compared to a 2019 baseline, exceeding its initial target of 27%.
The company said its climate policy aligns with a pathway to limit global temperature rise to 1.5°C and includes goals to triple premiums related to low-carbon energy by 2030. SCOR also continues to support gas as a transitional energy source in the shift toward a low-carbon economy, citing global dependency on fossil fuels.
In response to concerns about SCOR’s involvement in liquefied natural gas (LNG) infrastructure projects, the company explained that all new LNG terminal proposals are reviewed by an internal committee that assesses environmental, social, and ethical risks prior to underwriting.
This committee evaluates each project against SCOR’s sustainability commitments while considering market and energy realities.
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