SOURCE: SCOR

October 17, 2007 01:47 ET

SCOR : SCOR announces further Group appointments demonstrating a swift and efficient integration process

PARIS LA DEFENSE, FRANCE--(Marketwire - October 17, 2007) - Press Release

17 October 2007

N degrees 50 - 2007

For further information, please contact:

Beat Werder +33 (0)1 46 98 71 39

Chief Communications Officer

Marco Circelli +33 (0)1 46 98 72 17

Director for Investor Relations

SCOR announces further Group appointments demonstrating a swift and efficient integration process

Following the announcement of the new SCOR Group Executive Committee on

4 September 2007, SCOR announces further key positions.

On the Non-Life side, headed by Victor Peignet as Chief Executive Officer and Benjamin Gentsch as Deputy Chief Executive Officer, the Global P&C management positions relating to P&C Treaty Worldwide, Specialty Lines, Business Solutions and cross-sector functions, have all been assigned as follows:

--  As far as P&C Treaty Worldwide is concerned, Yvan Besnard heads this
    line of business reporting directly to Victor Peignet. A Chief Underwriting
    Officer ("CUO"), reporting to Yvan Besnard, is appointed for each of the
    three global regions: Umberto Gavazzi is in charge of Europe, the Middle
    East and Africa, Henry Klecan is responsible for the Americas on an interim
    basis, and Ben Ho is responsible for the Asia-Pacific region.
    
--  Specialty Lines & Business Solutions is headed by Benjamin Gentsch,
    Deputy Chief Executive Officer of SCOR Global P&C. Reporting to Benjamin
    Gentsch are: Emmanuel Fierens, Chief Underwriting Officer for Specialty
    Lines and Head of the Business Solutions division comprising Natural
    Resources, Industrial & Commercial Risks, Alternative Risk Financing and
    Cedant Facultative Services; Paul Hertelendy, Chief Underwriting Officer
    for Specialty Lines and Head of Agriculture, Marine & Energy, Engineering
    and US Cat business; and Alan Grant, CEO of the London-based operations,
    incorporating the management of Joint Venture businesses including Lloyd's
    and SCOR contingency business. Benjamin Gentsch is also overseeing Credit &
    Surety (CUO Patrick Barrault), Aviation (CUO Andrea Sommerlad), Space (CUO
    Didier Parsoire) and Inherent Defects Insurance (CUO Jean Tuccella).
    
--  The cross-sector functions within the Non-Life business are allocated
    as follows: Andreas Zdrenyk, Chief Operating Officer; Tony Neghaiwi, Chief
    Pricing Actuary; Erik Ruettener, Head of Risk Modelling & Global Natural
    Hazards; Bernd Langer, Chief Risk Officer; Hedi Hachicha, Head of Strategy
    & Development / Markets, Products & Clients; Christian Delannes, Chief
    Financial Officer; Sylvie Van Viet, Head of Underwriting Management and
    Pierre Charles, Head of Claims & Commutations.
    
--  The Chief Executive Officers for the five main Global P&C hubs are as
    follows: Victor Peignet for Paris, Benjamin Gentsch with Andreas Zdrenyk as
    Deputy CEO for Zurich, Dietmar Zietsch for Cologne, Henry Klecan for New
    York and Ben Ho for Singapore.
    

On the Life side, reporting to Uwe Eymer and Gilles Meyer, respectively Chief Executive Officer of SCOR Global Life and Deputy Chief Executive Officer of SCOR Global Life and Head of Business Unit 1 in Paris, are Norbert Pyhel, Head of SCOR Global Life's Business Unit 2 in Cologne, Yves Corcos in charge of Business Unit 3 in Dallas and Simon Pearson heading Unit 4 in London. Christian Mainguy is responsible for all business services at SCOR Global Life's Business Unit 1 in Paris. Marc Archambault is the Head of Overseas Markets within this Business Unit, and Gilles Thivant is Head of Latin Markets.

At SCOR Group level, the new Head of Investor Relations, Rating Agencies and Capital Management is Marco Circelli, who is reporting to the Group Chief Financial Officer, Paolo De Martin.

Reporting to Paolo Varisco, Head of Group Internal Audit, are Philippe Béraud and Alexander Malik, Deputy Heads of Group Internal Audit in Paris and Zurich respectively, and Maher Kaml-Rizk, Head of IT Audit.

Godefroy de Colombe is appointed Integration Officer.

Beat Werder is appointed Chief Communications Officer reporting to François de Varenne, Group Chief Operating Officer. Reporting to Beat Werder are Christine Schindler and Arnaud Maurel, Communications Officers based in Zurich and Paris respectively.

* * *

Forward looking statements

SCOR does not communicate "profit forecasts" in the sense of Article 2 of (EC) Regulation n degrees809/2004 of the European Commission. Thus, any forward looking statements, contained in this paragraph, should not be held as corresponding to such profit forecasts. Information in this communication relating to the Tender Offer include "forward-looking statements", including but not limited to statements that are predictions of or indicate future events, trends, plans or objectives, based on certain assumptions and include any statement which does not directly relate to a historical fact or current fact. Forward-looking statements are typically identified by words or phrases such as, without limitation, "anticipate", "assume", "believe", "continue", "estimate", "expect", "foresee", "intend", "may increase" and "may fluctuate" and similar expressions or by future or conditional verbs such as, without limitations, "will", "should", "would" and "could." Undue reliance should not be placed on such statements, because, by their nature, they are subject to known and unknown risks, uncertainties and other factors, which may cause actual results, on the one hand, to differ from any results expressed or implied by the present communication, on the other hand.

Please refer to SCOR's document de référence filed with the AMF on April 10, 2007 under number D.07-0294 for a description of certain important factors, risks and uncertainties that may affect the business of the SCOR group.

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