SCOR SE has maintained alignment between its share count and theoretical voting rights at 179,389,977 on April 30, 2026, indicating no separation between ownership and voting power.
The reinsurer reported that both the total number of shares comprising its share capital and the theoretical number of voting rights stood at 179,389,977 on that date, based on a regulatory filing under French market rules.
The filing was made pursuant to Article L. 233-8-II of the French Commercial Code and Article 223-16 of the General Regulation of the Autorité des Marchés Financiers. The gross number of voting rights includes all shares carrying voting rights, including those temporarily suspended, in line with Article 223-11 of the AMF framework.
Each share has a nominal value of €7.8769723 ($9.22).
The disclosure follows a reporting period in which SCOR recorded €851 million ($995.67 million) in net income for full-year 2025 and a return on equity of 19.2%, according to the company’s March 2026 results release.
Group economic value stood at €8.5 billion ($9.95 billion) at year-end 2025, while the solvency ratio was 215%, placing it within the company’s stated optimal range of 185% to 220%.
The reinsurer’s premium base reached €18.7 billion ($21.88 billion) in 2025, with operations spanning more than 150 countries through over 35 offices.
The share capital update comes shortly after shareholders approved a dividend of €1.90 ($2.22) per share for the 2025 financial year, with an ex-dividend date of May 4, 2026, and payment scheduled for May 6.
The dividend represents an increase from €1.80 in the prior year and follows earnings supported by underwriting performance and capital generation.
SCOR continues to access alternative capital for retrocession. The company is sponsoring a new Atlas Capital DAC (Series 2026-1) catastrophe bond, initially targeting $75 million in multi-peril coverage across the US, Caribbean, Canada, and Europe.
The transaction is structured to provide approximately three years of protection through an industry-loss trigger, with pricing guidance in the 6% to 6.5% range, reflecting conditions in the catastrophe bond market.
SCOR’s disclosure comes ahead of its first-quarter 2026 results, scheduled for May 6, with market participants monitoring underwriting margins and combined ratio trends.
The company’s shares moving below technical support levels, while broader European indices declined and macroeconomic conditions pointed to inflation pressures and stable growth in France.
The alignment between shares and voting rights provides a current reference point for investors assessing capital structure alongside operating performance, dividend policy, and the company’s use of alternative capital markets.
Within the reinsurance sector, disclosures of this type are typically monitored for changes in share count or voting structure that may indicate capital actions. In this case, the reported figures indicate no variation in ownership or voting rights at the end of April.
