06Oct16

Press release

Life

SCOR is named “North American Life Reinsurer of the Year 2016” by Reactions Magazine

For the second consecutive year, SCOR is named “North American Reinsurer of the Year” at the Reactions Magazine North America awards.

For the second consecutive year, SCOR is named “North American Reinsurer of the Year” at the Reactions Magazine North America awards. 
 
This award confirms SCOR’s reinforced leadership in the US individual Life market. SCOR has a very strong franchise in the US, offering a full range of solutions to support insurers, from managing their mortality risk exposures to optimizing their balance sheet and capital position. SCOR also helps its American clients to grow their business with its market-leading Velogica© automated underwriting system.
 
 
Paolo De Martin, CEO of SCOR Global Life, comments: “We are very proud to be granted this prestigious award for the second year in a row. We embarked on a challenging journey five years ago, acquiring Transamerica Re and then Generali USA’s life reinsurance activities; we managed to take the best of both structures and combine it with our existing business to build a leading franchise. I am delighted that the industry recognized that we are consistently delivering the highest level of service to our clients. Going forward, bringing differentiating solutions to the market remains at the core of SCOR’s “Vision in Action” new strategic plan”.