SCOR

Headlines

SCOR’s P/C, Credit and Surety Treaty Renewal Premiums Up 25%

January 16, 2006 - France's SCOR Group announced that "premium income linked to Non-Life and Credit & Surety treaties up for renewal on 1 January 2006 is up by around 25 percent." The bulletin added, "these renewals on ...
www.insurancejournal.com/news/international/2006/01/16/64212.htm

Markel Re Appoints Dunn, Beall

January 4, 2006 - Markel Re in Richmond, Va. has named Peter Dunn as vice president-division manager Markel Re Excess. The company also appointed Scott Beall, former vice president Markel Re Facultative, to vice ...
www.insurancejournal.com/news/national/2006/01/04/63733.htm

SCOR Acquires Alea’s Renewal Rights to European P/C Treaties

December 16, 2005 - French reinsurer SCOR Group announced that it has reached agreement with the Alea Group to acquire the renewal rights to its European reinsurance treaties for 2006. The move follows Alea's sale of ...
www.insurancejournal.com/news/international/2005/12/16/63094.htm

Best Affirms SCOR’s ‘B++’ Rating

November 9, 2005 - A.M. Best Co. announced that it has affirmed the financial strength rating of "B++" (Very Good) and issuer credit rating of "bbb+" of France's SCOR and its main subsidiaries (collectively referred to ...
www.insurancejournal.com/news/international/2005/11/09/61722.htm

International Newsbriefs

September 19, 2005 - European Insurers Estimate Katrina Losses: A disaster the scope of Hurricane Katrina hits everybody, not just U.S. carriers. The following are some of the preliminary estimates of anticipated losses ...
www.insurancejournal.com/magazines/newsbriefs/2005/09/19/60495.htm

News Briefs

September 19, 2005 - European Insurers Estimate Katrina Losses: A disaster the scope of Hurricane Katrina hits everybody, not just U.S. carriers. The following are some of the preliminary estimates of anticipated losses ...
www.insurancejournal.com/magazines/news-briefs/2005/09/19/150701.htm

SCOR 1st Half Net Increases by 18% to $90 Million

September 2, 2005 - France's SCOR Group made more out of less for the first six months of 2005. Although the Paris-based reinsurer's gross written premiums declined by 12 percent to 1.184 billion euros ($1.485 billion), ...
www.insurancejournal.com/news/international/2005/09/02/59106.htm

SCOR Opens Indian Office

August 30, 2005 - France's SCOR Group announced that it has obtained permission from the Indian regulatory authority (IRDA) to open a representative office in India, "with a view to strengthening and developing its ...
www.insurancejournal.com/news/international/2005/08/30/58904.htm

International Newsbriefs

July 18, 2005 - XL Hit with $183M Reserve Increase: Bermuda's XL Capital Ltd. announced that its second quarter results will be adversely impacted by an increase in net reserves in its North American reinsurance ...
www.insurancejournal.com/magazines/newsbriefs/2005/07/18/58457.htm

The London Bombings: We Won’t Be ‘Terrorized by Terror,’ Says Blair

July 18, 2005 - September 11, March 11, July 7 --dates on a calendar until 2001, 2004 and now 2005. Everyone living, and numbers yet unborn, will remember those dates. The latest terrorist attacks in Lon-don killed ...
www.insurancejournal.com/magazines/features/2005/07/18/58477.htm

The London Bombings: We Won’t Be ‘Terrorized by Terror,’ Says Blair

July 18, 2005 - September 11, March 11, July 7 -dates on a calendar until 2001, 2004 and now 2005. Everyone living, and numbers yet unborn, will remember those dates. The latest terrorist attacks in Lon-don killed ...
www.insurancejournal.com/magazines/features/2005/07/18/150370.htm

The London Bombings: We Won’t Be ‘Terrorized by Terror,’ Says Blair

July 18, 2005 - September 11, March 11, July 7 -dates on a calendar until 2001, 2004 and now 2005. Everyone living, and numbers yet unborn, will remember those dates. The latest terrorist attacks in Lon-don killed ...
www.insurancejournal.com/magazines/features/2005/07/18/150378.htm

News Briefs

July 18, 2005 - XL Hit with $183M Reserve Increase: Bermuda's XL Capital Ltd. announced that its second quarter results will be adversely impacted by an increase in net reserves in its North American reinsurance ...
www.insurancejournal.com/magazines/news-briefs/2005/07/18/150426.htm

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 ($243.6 million) in new capital, primarily to fund the purchase of the outstanding shares of Irish ...
www.insurancejournal.com/news/international/2005/06/23/56531.htm

Highfields Capital Comments on Exchange of IRP Shares with SCOR

May 12, 2005 - Boston-based Highfields Capital Management has issued a statement addressing what it termed "certain incorrect and incomplete information" being disseminated about the potential acquisition by French ...
www.insurancejournal.com/news/international/2005/05/12/54925.htm

S&P Affirms, Withdraws SCOR’s CRP Subs Ratings

April 21, 2005 - Standard & Poor's Ratings Services announced that it has affirmed its "BBB+" insurer financial strength ratings on two subsidiaries of French reinsurer SCOR: Bermuda-based Commercial Risk Reinsurance ...
www.insurancejournal.com/news/international/2005/04/21/54126.htm

Best Downgrades, Withdraws Ratings for Commercial Risk Partners; Outlook Negative

April 15, 2005 - A.M. Best Co. has downgraded the financial strength ratings to B- (Fair) from B (Fair) and the issuer credit ratings to "bb-" from "bb" of Commercial Risk Reinsurance Company Limited (Hamilton, ...
www.insurancejournal.com/news/international/2005/04/15/53818.htm

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, showed good gains. "Non-Life treaties in Japan and Korea (72% of the 2004 Asia-Pacific zone Property & ...
www.insurancejournal.com/news/international/2005/04/13/53709.htm

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 will remain unchanged following publication of the company's earnings results (See IJ Website March ...
www.insurancejournal.com/news/international/2005/03/25/53049.htm

S&P Comments on SCOR’s Earnings Announcement

March 24, 2005 - Standard & Poor's Ratings Services indicated that its ratings and outlook on French reinsurer SCOR and its guaranteed subsidiaries - currently "BBB+" with a positive outlook - would not be affected ...
www.insurancejournal.com/news/international/2005/03/24/53022.htm