SOURCE: SCOR

January 07, 2008 01:06 ET

SCOR : SCOR renews strategic alliance for medical malpractice business with the MDU in the United Kingdom

PARIS LA DEFENSE, FRANCE--(Marketwire - January 7, 2008) - Press Release

07 January 2008

N degrees 02 - 2008

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 renews strategic alliance for medical malpractice business with the MDU in the

United Kingdom

SCOR SE announces that it has renewed its successful business relationship with the Medical Defence Union Ltd. (MDU). MDU is the UK's leading medical defence organisation and in the past was a joint venture partner of Converium AG of Switzerland, (today SCOR Switzerland Ltd.). SCOR has secured a ten year agreement, commencing on 1st April 2008, to provide professional indemnity insurance to the members of the MDU.

Denis Kessler, Chairman and CEO of SCOR, comments: "It is a great achievement for SCOR to be able to count on continued partnerships with successful organizations such as the MDU. The ongoing business relationship with such an important and highly valued client clearly proves SCOR's ability to effectively consolidate SCOR and Converium, thereby taking advantage of capital management and diversification benefits for itself and its clients."

Dr. Michael Saunders, CEO of MDU, said: "The MDU is delighted that its successful relationship with Converium is now set to continue with SCOR and that our members will have the benefit of insurance supported by a major European reinsurance group. We look forward to working with our new partners."

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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 communication, should not be held as corresponding to such profit forecasts. Information in this communication may 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 (as updated by the seconde note complémentaire registered with the AMF on June 12, 2007 under registration number 07-183, the "Document de Référence"), for a description of certain important factors, risks and uncertainties that may affect the business of the SCOR Group, and to SCOR's prospectus d'admission registered with the AMF on April 10, 2007 under registration number 07-0115, as updated by the first note complémentaire registered with the AMF on April 23, 2007 under registration number 07-0131 and the seconde note complémentaire registered with the AMF on June 12, 2007 under registration number 07-183, for a description of certain important risks and uncertainties that relate to the Offer for and combination with Converium.

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