Gide, conseil de Covéa Coopérations dans l’arbitrage CMAP l’opposant à SCOR
On June 25, 2026, an arbitral tribunal sitting under the auspices of the Paris Mediation and Arbitration Centre (CMAP) rendered its award in the dispute between the SCOR and Covéa groups under two retrocession treaties entered into on June 30, 2021. These treaties provide for the transfer to Covéa Coopérations, a subsidiary of Covéa, of 30 % of the Life & Health portfolio held by SCOR’s Irish entities as at December 31, 2020.
The arbitral tribunal found that SCOR had breached its pre-contractual and contractual disclosure obligations during the negotiation and performance of these treaties. In respect of the compensation for the loss suffered by Covéa as a result of these breaches, the arbitral tribunal decided that SCOR should be deprived of the amounts claimed from Covéa under the treaties up to December 31, 2025, in the amount of USD 488,300,000. It further decided that the treaties would continue in the future.
Covéa Coopérations was advised by the Gide team composed of Arbitration partner Christian Camboulive, Insurance law partner Richard Ghueldre, Astrid Westphalen and Antoine Flautre, counsels (respectively Arbitration and Insurance), Thelma Claude-Lachenaud and Mohamed Gamal, associates (respectively Insurance and Arbitration).
Covéa Coopérations was also assisted by Dominique Bompoint and Eric Laut, partners at Bompoint Laut.
SCOR SE and its Irish subsidiaries were assisted by a team from Skadden Arps, led by partners Julie Bédard and Valentin Autret.
