Created in 1970 with the backing of the French government, its original name was Société Commerciale de Réassurance, hence "SCOR".

SCOR today is the world's fourth largest reinsurer and has a presence in 160 countries worldwide[3] with more than 3,000 employees.

[6] Kessler was brought on board in order to restore the reinsurer's financial performance.

[12] The firm's shares are listed on NYSE Euronext Paris and form part of the CAC Next 20 index.

[13] In May 2019, SCOR purchased Coriolis Capital,[14] an insurance-linked securities fund manager.