31Mar11

Press release

Group

SCOR and Nanyang Technological University establish Insurance Risk and Finance Research Centre

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). The Centre aims to promote applied research in insurance and related risks and to establish a platform for research projects and dialogue specific to the Asia-Pacific Region.

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). The Centre aims to promote applied research in insurance and related risks and to establish a platform for research projects and dialogue specific to the Asia-Pacific Region. 
 
NTU is recognised throughout the world, particularly for its expertise and research in the fields of insurance and actuarial studies. NBS counts among the best business schools in the Asia-Pacific region and is also highly reputed for its research.
 
The agreement was officially signed today by Professor Gillian Yeo, Interim Dean of NBS, and Julien Carmona, Chief Operating Officer of SCOR. The members of the Advisory Board governing the Centre are: Jean-Luc Besson (Director SCOR Asia-Pacific), Michel Dacorogna (Deputy CRO of SCOR), Ben Ho (CEO SCOR Asia-Pacific), Professor Shaun Wang of Georgia State University, Professor Gillian Yeo and Professor Jun-Koo Kang (Head of NBS’ Banking & Finance division).
 
Professor Gillian Yeo, acting Dean of NBS, commented: “We are pleased to have the opportunity to bolster our contributions to this vital area of research. Strong economic and social development is increasing the need for insurance cover in the region. This presents both opportunities and challenges for the insurance industry which are best met with knowledge and understanding through rigorous research. By combining market insight and academic expertise, we believe the Insurance Risk and Finance Research Centre will significantly aid the development of the insurance industry, and ensure that the protection needs of Asia’s increasingly affluent population are sufficiently met.
 
Julien Carmona, Chief Operating Officer of SCOR, said: “The establishment of this Centre in partnership with the University of Nanyang is fully in line with our long-term commitment to support research and the science of risk, a policy held by the Group for many years. Through its numerous scientific partnerships and the creation of the SCOR Global Risk Center, SCOR plays a determining role in the promotion and spread of knowledge regarding the science of risk. This agreement also highlights the Group’s desire to create centres of expertise within its various Hubs and notably in the Asia-Pacific region.” 

Contact

Marie-Laurence Bouchon

Group Head of Communications

+33 (0)1 58 44 75 43

mbouchon@scor.com

 

Ian Kelly

Head of Investor Relations

+44 203 207 8561

ikelly@scor.com