December 11, 2007 16:22 ET

SCOR : SCOR Wins Three Prestigious Awards in Life and Health Reinsurance in the United Kingdom and Ireland

PARIS--(Marketwire - December 11, 2007) - N degrees 59 - 2007

SCOR wins three prestigious awards in Life and Health reinsurance in the United Kingdom and Ireland

SCOR Global Life UK based in London has won three awards in the Redmayne Report on Reassurance 2007: "Redmayne Small Insurers' Reinsurer of the Year 2007," "Redmayne Irish Reassurer of the Year 2007" and "Redmayne Reassurance Personality of the Year 2007," the latter award going to Roy Chappell, Head of Business Development at SCOR Global Life UK.

This report, published annually by Redmayne Consulting (which specialises in UK and Irish Life and Health protection business), is a premier commercial report in this field and is based on a survey of the key reinsurance buyers from the UK and Ireland. The survey takes into account value added by the reinsurer, the positive or negative impact of the reinsurer on the market, and the standard of support services offered by the reinsurer (including underwriting advice, paying claims, general understanding and quality of support, and pricing research).

SCOR Global Life UK is committed to providing reinsurance partnerships for the individual protection lines that are at the core of its business, namely Life and Critical Illness, and is extending its services to the field of Income Protection. SCOR Global Life UK is also well-positioned to provide cost-effective insurance solutions to the broader market.

These awards represent great feedback from the market and are a solid endorsement of the partnership model SCOR strives to offer. With a market-leading offering, the SCOR Global Life UK team is excellently placed to build on its strong position over the next three years, in line with the objectives of the "Dynamic Lift V2" plan.

Following the Asia Insurance Industry Awards 2007 in November, where SCOR won the title of "General Reinsurer of the Year," the Redmayne awards reaffirm the Group's global reach.


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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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Contact Information

  • 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
    Head of Investor Relations