SCOR SE announced that Philipp Rüede, currently CEO of SCOR Life & Health, has been appointed Group Chief Financial Officer, succeeding François de Varenne, effective March 7, 2026. Philipp Rüede, a dual Swiss and German citizen, is a graduate of the Ecole Polytechnique in Paris and holds a Master?s degree in Engineering from the Swiss Federal Institute of Technology (ETH Zürich). He has more than 20 years of experience in Banking and Reinsurance.

Philipp began his career in 1999, in the Equity Derivatives Structuring and Trading department at Bank Vontobel in Zurich. From 2000 to 2010, he was Global Co-Head of Equity Derivatives Structuring at CS First Boston, splitting his time between the Zurich and Hong Kong offices. In 2010, he became a Partner at the Swiss electronic trading company Arbillon Capital AG.

Moving into the reinsurance industry in 2013, he joined Swiss Re in Zurich as Head of Reinsurance Capital Management, overseeing the optimization of capital efficiency within the Group. From 2015 to 2019, he led a dedicated team of more than 75 professionals as Global Head of P&C Structured Solutions. In 2019, he was appointed Head of the newly formed Alternative Capital Partners team, collaborating across P&C and L&H (re)insurance lines to proactively manage risk limits and enhance the company?s flexible capital structure.

Philipp Rüede joined SCOR on June 1, 2025 as CEO of SCOR Life & Health, where he successfully led the ongoing transformation of the L&H business. The outgoing CFO is François de Varenne, who will cease his role as Group CFO and Deputy CEO on March 7, 2026, and will become Senior Advisor to the CEO on the same date. François de Varenne will remain responsible for the closing of the fourth quarter 2025 accounts and the 2025 annual accounts, which will be announced to the market on March 4, 2026.