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Last night SCOR received two prestigious awards, as part of the Reactions magazine Global Awards programme in New York. The Group was named “Best Reinsurance Company for US Life” and “Best Reinsurance Company for International (Non-US) Life”.
Both of these awards reflect SCOR’s achievements over the last year and the strong development of the SCOR Global Life franchise. The franchise in the US in particular has been enhanced by its recent acquisitions. In June 2013, SCOR announced the acquisition of Generali U.S., which is due to be finalised in the second half 2013. The combined SCOR Global Life Americas and Generali U.S. will become the market leader in the US Life reinsurance market.
This year, SCOR was elected “Most Popular Foreign-Capital Insurance Company” at the Fifth China International Insurance Summit in May and SCOR’s Chairman & CEO Denis Kessler was named "Reinsurance Company CEO of the Year" at the Reactions London Market Awards in June. In the same month, Mr. Kessler was also elected 2012 “Financier of the Year”, an award run by ANDESE - the French National Association of Doctors of Economics and Management Science, and the weekly publication Investir-Journal des Finances.
Denis Kessler, Chairman and CEO of SCOR, comments: “I would like to thank all the insurance and reinsurance professionals who took part in this vote. I am pleased and proud to see the SCOR group honoured with these prestigious awards. Following on from the other accolades we have received this year, they reflect the dedication of the Group’s employees, the relevance of our strategy, and the emphasis we put on client service.”