SCOR launches a new R&D Center, dedicated to the study of longevity and mortality risks.Business Editors "Longer life expectancy is a key factor driving insurers to paying close attention to longevity and mortality risks. Our Research Center will allow us to help our clients in the management of the development of these risks." Romain Durand, Group Executive Vice President - Life SCOR SCOR Scientific Committee on Oceanic Research SCOR Supply Chain Operations Reference model SCOR Small Corporate Offering Registration SCOR Specialized Center of Research (White Plains, NY) SCOR Second Cousin Once Removed announces the creation of its R&D Center dedicated to the evaluation of longevity and life insurance risks. Because of increasing life expectancy, the development of life insurance and annuity products need to be based on ever-firmer foundations. Experience, deep understanding of risks and, above all, the ability to analyze future trends, are all key factors. The new R&D Center will enrich the life insurance industry's experience in the pricing of life insurance and annuity products. It will draw on leading specialists for this purpose. The Center has formed a partnership with Professor James W. Vaupel and Doctor Kirill Andreev, two world-renowned demographers specialized in the study of rising life expectancy, and with the Demography and Health Team at INSERM INSERM Institut National de la Santé et de la Recherche Médicale (French Institute of Health and Medical Research) (the French national institute for medical research The National Institute For Medical Research, commonly abbreviated to NIMR, is a large medical research facility situated in rural Mill Hill, England, on the outskirts of London. ). These partnerships will allow the Center to offer SCOR's customers an insurance portfolio analysis service, supplying practical mortality risk and liability monitoring management tools. A year after launching its Long-Term Care Insurance R&D Center, today's move will further enrich SCOR's offering of services in the field of Life reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. . The Center is headed by Laure Olie, a graduate of ENSAE ENSAE École Nationale de la Statistique et de l'Administration Économique (France) ENSAE Ecole Nationale Supérieure de l'Aéronautique et de l'Espace and a Fellow of the French Institute of Actuaries The Institute of Actuaries is one of the two professional bodies representing actuaries in the United Kingdom. The Institute is based in England, while the other body, the Faculty of Actuaries, is based in Scotland. . She belongs to the Life Division's Actuarial and Underwriting Department. With 30 offices around the world, serving clients in over 150 countries, SCOR is France's largest reinsurer re·in·sure tr.v. re·in·sured, re·in·sur·ing, re·in·sures To insure again, especially by transferring all or part of the risk in a contract to a new contract with another insurance company. and one of the industry world leaders. Thanks to its ability to provide innovative technical and service support, the SCOR Group has built up a well balanced portfolio of Property and Casualty, Life, Accident & Health and Specialty reinsurance products and services. The Group's ratings, which include AA- from Fitch, A (Excellent) from AM Best and A+ from Standard & Poor's, reflect its financial strength and underwriting expertise. SCOR shares, which belong to the SBF SBF Studium Biblicum Franciscanum (Franciscan School of Biblical Investigations; Jerusalem, Israel) SBF Small Block Ford (automotive engine) SBF Single Black Female SBF Société des Bourses Francaises 120, Bloomberg European Insurance, NEXT 150 and Dow Jones STOXX indexes, are listed in Paris and New York. SCOR has a widely diversified international shareholder base, with more than 20,000 shareholders in 64 countries. |
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