On 18 July 2009, SCOR Global Life US (SGL U.S.), a wholly-owned subsidiary of the SCOR Group, has reached a definitive agreement to acquire XL Re Life America Inc. (XLRLA), a subsidiary of XL Capital Ltd.
Denis Kessler, Chairman and Chief Executive Officer of the SCOR SE group, announces that his Group has signed the Kyoto Statement on climate change, launched by the Geneva Association.
The South African regulatory body for the insurance sector, the FSB, has granted SCOR SE a licence to conduct Life and Non-Life reinsurance business.
SCOR, the fifth largest reinsurer in the world, will access the “CAC Next 20” index on 19 June 2009 after market closing. This decision was taken by the “Conseil Scientifique” of NYSE Euronext on 28 May 2009.
SCOR's first quarter of 2009 results.
At today’s Combined General Meeting of SCOR SE of 15 April 2009, held in Paris-La Défense and chaired by Denis Kessler, all resolutions were approved by a wide margin.
SCOR wins an award for “Best International Reinsurer on the Russian Market in 2008” at the thirteenth Russian Reinsurance Conference, organised in Moscow on 24 and 25 March by the All-Russian Insurance Association (AR
Standard & Poor's has raised SCOR’s and its core guaranteed subsidiaries long-term credit and insurer financial strength ratings to "A" from "A-" with a stable outlook.
SCOR's 2008 results.
With the implementation of a management platform in Paris, SCOR completes the restructuring of its worldwide activities centred on six Hubs in Paris, Zurich, Cologne, London, New York and Singapore.
SCOR Global Life UK, based in London, has won three awards in the Redmayne Report on Reassurance 2008: “Best Overall Reinsurer”, “Best Client Focus” and “Reinsurance Personality”.
SCOR has launched the implementation of the planned hub structure in Zurich for its Life and Non-Life operations in Switzerland and on various other markets, notably Non-Life Treaty business in Austria and Central Eas