SOURCE: SCOR

October 01, 2010 01:57 ET

SCOR is elected 'Best Global Reinsurance Company'

PARIS--(Marketwire - October 1, 2010) - Press Release

01 October 2010

For further information, please contact:

Jean-Charles Simon / Géraldine Fontaine +33 (0) 1 46 98 73 17

Communications and Public Affairs

Antonio Moretti +44 (0) 203 207 8562

Investor Relations Director

SCOR is elected "Best Global Reinsurance Company"

Reactions magazine held its prestigious "Global Awards" 2010 on the evening of 30 September 2010 in New York. The "Global Awards" celebrate each year the most successful global players in the insurance, reinsurance and brokerage industry. SCOR was named "Best Global Reinsurance Company" at the awards.

Reactions magazine awards this title every year based on an in-depth survey of insurance and reinsurance market players throughout the world.

Denis Kessler, Chairman & Chief Executive Officer of SCOR, commented: "This award recognises the considerable accomplishments of all SCOR's teams over the past few years. SCOR is a global company operating in more than 120 countries across the world, following a profit-based underwriting policy and conducting business selectively in both Life and Non-Life reinsurance. This award constitutes an incentive to continue the Group's development, as set out in our new strategic plan for 2010-2013, "Strong Momentum"."

To find out more about the "Global Awards" 2010, go to the Reactions website: http://www.reactionsnet.com

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Forward-looking statements

SCOR does not communicate "profit forecasts" in the sense of Article 2 of (EC) Regulation n°809/2004 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 3 March 2010 under number D.10-00085 (the "Document de Référence"), for a description of certain important factors, risks and uncertainties that may affect the business of the SCOR Group. As a result of the extreme and unprecedented volatility and disruption of the current global financial crisis, SCOR is exposed to significant financial, capital market and other risks, including movements in interest rates, credit spreads, equity prices, and currency movements, changes in rating agency policies or practices, and the lowering or loss of financial strength or other ratings.

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