Latest SCOR SE Headlines
All the headlines from our SCOR SE Topic Page, ordered by recency.
SCOR Estimates Net Pre-tax Losses from Alberta Floods at $52 Million
Jul 18 2013 // French reinsurer SCOR Group announced that “the June flood event in Alberta, which resulted in mass evacuations of people from their homes and major disruption to the Central Business District of Calgary, may...
S&P Applies Revised Insurance Criteria to 22 Reinsurers and Subs
May 24 2013 // Standard & Poor’s Ratings Services announced that it has reviewed its ratings on 22 large global reinsurance groups by applying its new ratings criteria for insurers, which were published on May 7, 2013. (See...
RAA: U.S. Reinsurers Had Higher Profits, Improved Underwriting Results in 2012
Mar 15 2013 // The Reinsurance Association of America (RAA) said a group of 19 U.S.-based property/casualty reinsurers reported higher net written premiums and net income for 2012 compared to 2011. The RAA said Thursday that a survey of...
SCOR Posts $545 Million 2012 Net Income; Strong Growth
Mar 7 2013 // France’s SCOR Group reported a solid performance for 2012, which it said “continues to combine growth, profitability and solvency.” Highlights for the year were listed as follows: •Gross written...
Earnings Reports: Arch Capital, SCOR Group
Jul 27 2012 // Selected earnings highlights from Bermuda-based Arch Capital Group for the second quarter and the first six months of 2012 are as follows: Q2 2012 Q2 2011 Gross premiums written ———— $1.051813 bn...
Best Affirms, Upgrades SCOR’s No. American Subs Ratings; Outlook Stable
May 4 2012 // Following its rating actions on the parent company, France’s SCOR SE, A.M. Best has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR)...
Best Upgrades SCOR & Subs Credit Ratings; Affirms Financial Ratings
May 3 2012 // A.M. Best Europe – Ratings Services Limited has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of French...
SCOR Posts 11% Increases in Renewal Pricing
May 1 2012 // SCOR Global P&C (SGPC) recorded 11 percent growth at constant exchange rates from the €328 million [$435 million] in premiums that were up for renewal on April first, “with no increase in exposure to natural...
SCOR Estimates Thai Flood Losses at $185 Million
Dec 16 2011 // French reinsurer SCOR Group has estimated its losses from the floods in Thailand at €140 million [$185 million] net of retrocession and before tax. SCOR described the floods as a “major natural catastrophe, which...
SCOR Reports Q3 Net Income of $255 Million; Gains on Transamerica Sale
Nov 15 2011 // French reinsurer SCOR Group announced net income for the third quarter of 2011 of €188 million [$255 million], a 70.1 percent increase from the same period last year, as gross written premiums topped €2 billion [$2.71...
SCOR Confirms Earnings Targets; Strategic ‘Strong Momentum’ Plan
Sep 8 2011 // French reinsurer SCOR confirmed the targets of its strategic plan -‘Strong Momentum’ – at its annual Investors’ Day, held on Wednesday in Paris. An updated version of the ‘Strong...
SCOR Finalizes Acquisition of Transamerica Re
Aug 10 2011 // France’s SCOR Group announced that it has finalized the acquisition of the mortality portfolio, including the operational assets and personnel, of Transamerica Re, a division of The Netherlands-based AEGON. SCOR said...
SCOR Finalizes Sale of U.S. Fixed Annuity Business
Jul 19 2011 // French reinsurer SCOR announced that it has finalized the sale of its subsidiary Investors Insurance Corporation (IIC) to Athene Holding Ltd., as initially announced on February 16, 2011. SCOR said the sale, for $55...
First Quarter Earnings Reports: SCOR, Alterra Capital
May 5 2011 //
Ratings Recap: SCOR (US), Majestic
May 2 2011 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of “a” of the life and non-life North American operating subsidiaries of France’s SCOR SE...
Best Affirms SCOR and Subs Ratings after Transamerica Re Deal
Apr 28 2011 // A.M. Best Europe – Ratings Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of French reinsurer SCOR SE and its...
SCOR to Buy Aegon’s Transamerica Reinsurance Unit for $913 Million
Apr 26 2011 // French reinsurer SCOR is set to pay $913 million for most of Dutch insurer Aegon’s Transamerica Reinsurance operations. When concluded, the combined companies would become the second largest life reinsurer in the...
Macleod to Head SCOR’s Channel Syndicate Marine Division
Apr 18 2011 // Lloyd’s Channel Syndicate 2015 has appointed Iain Macleod as Head of its Marine Division. He has worked in the London Market for over 25 years and has built a Marine account for previous companies. He “will be...
SCOR Gives Preliminary View on Japanese Natural Catastrophes
Mar 16 2011 //
SCOR Reports 13% 2010 Net Income Gain to $582 Million
Mar 8 2011 // French reinsurer SCOR Group continued to strengthen its financial position in 2010, posting net income of €418 million [$582.5 million] up 13 percent from 2009, and premium income of €6.7 billion [$9.34 billion], up 5...
