In line with its strategic plan for the period 2010-2013 “Strong Momentum”, SCOR has decided to extend and strengthen its value-added service offering for its insurer clients.
SCOR has finalised the sale of its subsidary Investors Insurance Corporation (IIC) to Athene Holding Ltd. (Athene), as initially announced on 16 February 2011.
Further to the drawdown, announced on July 5, 2011, by SCOR of EUR 75,000,000 on the contingent capital facility placed at its disposal by UBS, UBS has exercised the number of warrants required for the issuance and su
SCOR has issued a EUR 75,000,000 drawdown notice under the contingent capital facility placed at its disposal by UBS since 1st January 2011.
The prestigious Reactions London Market Awards, organised by Reactions magazine on the basis of votes cast by insurance and reinsurance market professionals, were held in London on 30 June 2011.
SCOR Global Life SE, a subsidiary of SCOR SE, has opened a new subsidiary in Australia covering the Australian and New Zealand markets.
SCOR successfully reopens its existing Swiss franc market perpetual subordinated notes placement by issuing an additional amount of CHF 225,000,000.
The first quarter 2011 was marked by a series of exceptionally serious natural catastrophes, with cyclones and floods in Australia, another earthquake in New Zealand in February, and the historic catastrophe in Japan
SCOR and AEGON have entered into a definitive agreement pursuant to which SCOR will acquire the mortality risk reinsurance business of Transamerica Re, a part of AEGON.
Availability of the documents relating to te 2011 combined general shareholders' meeting.
SCOR has entered into an agreement with the Nanyang Technological University (NTU) of Singapore to establish an Insurance Risk and Finance Research Centre at the Nanyang Business School (NBS).
Eric Sandrin is appointed Group General Counsel with effect from 14 March 2011, reporting to SCOR’s Chief Operating Officer.