SCOR Group

SCOR to Raise $282 Million to Fund IRP Purchase; Best Sees Ratings as Being Unaffected June 23, 2005
France's SCOR Group plans to issue 130 million new shares, raising around 201.5 million euros ($...

SCOR Reports Strong Asian April Renewals April 13, 2005
France's SCOR Group reported that treaty renewals in the Asian market, concluded on April 1, sho...

Best Sees "No Change" in SCOR Ratings March 25, 2005
A.M. Best Co. has issued a comment indicating that all of its on French reinsurer SCOR Group wil...

SCOR Posts $89.4 Million 2004 Net Profit March 24, 2005
French reinsurer SCOR Group returned to profitability in 2004 posting net income of 68.7 million...

Paris Airport Roof Structure to be Replaced March 18, 2005
Aeroports de Paris (ADP), the authority that owns and operates both the Charles de Gaulle airpor...

Report Cites Design and Structural Faults as Cause of Paris Airport Collapse February 16, 2005
Both structural and design faults caused a large section of the newly constructed Terminal 2E at...

SCOR 2004 Premium Income $3.26 Billion February 15, 2005
France's SCOR Group announced 2004 premium income of 2.528 billion euros ($3.26 billion) at curr...

SCOR to Help Tsunami Victims January 14, 2005
France's SCOR Group announced that it has mobilized to help the Indian Ocean victims of the Tsun...

Best Affirms SCOR Canada 'B++' Rating December 23, 2004
A.M. Best Co. announced that it has affirmed the financial strength rating of "B++" (Very Good) ...

Jury Rules WTC Attacks Were Two Events; Silverstein Recovery May Double to $2.2 Billion December 07, 2004
The second of three scheduled trials to determine the amount of the recovery for the destruction...

SCOR Says WTC Jury Verdict "Contrary to Terms of Insurance Coverage" December 07, 2004
France's SCOR Group, who reinsured policies written by Allianz Global Risks covering the destruc...

Best Affirms SCOR and Subs 'B++' Ratings; Changes Outlook to Positive December 02, 2004
A.M. Best Co. announced that it has affirmed the financial strength rating of "B++" (Very Good) ...

SCOR Reports $70 Million Nine-Month Earnings November 05, 2004
French reinsurer SCOR Group recently approved the company's financial results for the nine month...

SCOR Estimates Q3 Hurricane Losses at $27.5 Million September 29, 2004
France's SCOR Group estimates that the total gross cost of the cost of the hurricanes in the Uni...

SCOR Announces Appointments September 13, 2004
France's SCOR Group announced the following appointments in a bulletin released on Friday, Sept....

SCOR Posts 38.7 Percent 1st Half Net Income Increase to $70 Million August 26, 2004
France's SCOR Group didn't do quite as well as Swiss Re, but it's come a long way from the dark ...

PartnerRe, Converium, Transatlantic and SCOR Give Preliminary Loss Estimates from Hurricane Charley August 20, 2004
Bermuda-based PartnerRe Ltd. estimated that claims relating to its exposure to Hurricane Charley...

SCOR Group Announces Executive Appointments July 06, 2004
Paris-based reinsurer SCOR Group has announced the following executive appointments: Jean...

SCOR Offers Convertible Bonds June 28, 2004
France's SCOR Group announced that it would offer 180 million euros ($218 million) worth of 4.12...

SCOR VIE Names Executive Committee June 10, 2004
French reinsurer SCOR announced that the following persons have been named to the SCOR VIE Execu...

Paris Airport Collapse Insurance Recoveries Unclear June 01, 2004
A portion of the newly constructed Terminal 2E at Paris' Charles de Gaulle airport collapsed on ...

SCOR Notes Success of Korean Renewals April 21, 2004
France's SCOR Group announced the official licensing of its Korean operations this month, and in...

SCOR Applies for Reinsurance License in China April 15, 2004
SCOR Group Chairman Denis Kessler announced in Beijing that the Group has submitted an applicati...

SCOR Narrows Loss to $384 Million April 01, 2004
France's SCOR Group posted a net loss of 314 million euros ($384 million) for 2003, a distinct i...

SCOR 2003 Gross Premiums Drop 26% February 13, 2004
French reinsurer SCOR Group announced a 26 percent drop in premium income for 2003 to 3.691 bill...

SCOR Completes Capital Increase January 06, 2004
France's SCOR Group, the world's seventh largest reinsurer, announced the successful completion ...

SCOR Back on Broker's Lists; Expects Minimal Impact from Floods December 12, 2003
France's SCOR Group has issued an announcement indicating that its securities are once again "ba...

Best Lowers CRP Ratings to 'B' December 04, 2003
A.M. Best Co. announced that it has downgraded the financial strength ratings to 'B' (Fair) from...

S&P Raises SCOR's Ratings to 'BBB+' - Best Changes Outlook December 03, 2003
Both A.M. Best Co. and Standard & Poor's Ratings Services reacted positively to the news from Fr...

SCOR Completes Plans to Raise Cash December 01, 2003
France's SCOR Group will hold an Extraordinary General Assembly meeting today, conducted by Chai...

SCOR Directors Support Capital Increase November 25, 2003
The Board of Directors of the Paris-based SCOR Group has reaffirmed its unanimous support for th...

Henry Klecan to Head SCOR US; Reinsurer Contests Fitch Ratings Downgrade November 20, 2003
France's SCOR Group announced that Henry Klecan Jr. has been appointed President & CEO of SCOR U...

SCOR Posts $400 Million Nine-month Loss; Rating Agencies React November 07, 2003
France's SCOR Group, the world's seventh largest reinsurer, announced a nine-month loss of 349 ...

Best Downgrades SCOR Ratings – Action 'Unfounded' Reinsurer Replies September 11, 2003
A.M. Best Co. announced that it has downgraded the financial strength rating to B++ (Very Good) ...

SCOR Group Confirms 1st Half Results August 28, 2003
The Board of Directors of French reinsurer SCOR met on Tuesday, Aug. 26, 2003 to approve the fin...

SCOR Posts 18% Drop in 1st Half Premium Income August 13, 2003
France's SCOR Group reported 2.069 million euros ($2.34 billion) in gross written premiums for t...

Root Joins SCOR as Director of Investor Relations August 08, 2003
Jim Root has joined SCOR Group as director of Investor Relations and Public Affairs. His duties ...

SCOR Issues Statement on S&P Downgrade July 07, 2003
Standard & Poor's rating service has reportedly downgraded French reinsurer SCOR Group. The deci...

SCOR Increases Stake in IRP; Extends Sell Date for CRP July 01, 2003
France's --SCOR Group announced that it has purchased an additional 6.67 percent stake in IRP Ho...

Pierre-Denis Champvillard to Retire as SCOR Deputy COO June 27, 2003
France's SCOR Group announced that Mr. Pierre-Denis Champvillard, 57, Group Deputy Chief Operati...

SCOR Posts Strong Q1 Gain, $35 Million Net May 16, 2003
France's SCOR Group, the world's 8th largest reinsurer, continued its earnings recovery with str...

AXA's Gerard de La Martiniere to Head French Insurance Organization; Denis Duverne Elected to Board May 14, 2003
Gerard de La Martiniere, the member of AXA's Management Board in charge of Finance, Control and ...

SCOR Announces Successful April Renewals in Asia May 06, 2003
France's SCOR Group announced that it has successfully renewed 60 percent of its 2002 portfolio ...

SCOR Increases Stake in IRP April 07, 2003
France's SCOR Group announced that, "as a result of recently held negotiations with one of the s...

ACE International Appoints Kudret Oztap Head of Global Onshore Energy Operations April 07, 2003
ACE International, a subsidiary of Bermuda's ACE Limited, announced the appointment of Kudret Oz...

SCOR Posts $496 Million* Loss for 2002 April 01, 2003
France's Scor Group, the world's seventh largest reinsurer, registered a net loss of 455 million...

SCOR Sets Agenda for "Back on Track" Plan; May Sell Bermuda Operation January 23, 2003
Denis Kessler, who recently took over as the head of France's SCOR Group, revealed additional me...

Dietmar Zietsch Appointed Chairman of SCOR Deutschland Management Board January 14, 2003
Dietmar Zietsch, who currently serves as Deputy Chairman of SCOR Deutschland, has been appointed...

A.M. Best Affirms SCOR 'A-' (Excellent) Rating January 10, 2003
A.M. Best Co. announced that it has affirmed the financial strength rating of A- (Excellent) of ...

Fitch Affirms SCOR's 'BBB' Rating January 02, 2003
Fitch Ratings announced that it has affirmed the Insurer Financial Strength ratings of the SCOR ...