Successful completion of a EUR 350 million subordinated debt issue as part of the Revios acquisition
The EUR 350 million deeply subordinated bond issue launched today by SCOR, as part of the financing of the Revios acquisition, has been a great success.
The SCOR group has placed its property investments within a single property company, SCOR-AUBER, a limited liability subsidiary 100% owned by SCOR S.A.
Acquisition of Revios: strong strategic coherence.
SCOR Global Life's 2005 Embedded Value.
To keep up with the changing risks and coverage needs linked to modern agriculture, SCOR is developing its agricultural risk reinsurance business throughout the world. As part of this development, SCOR has reinforced its agricultural risk underwriting teams.
Agenda of the Combined General Meeting of Shareholders of SCOR chaired by Denis Kessler took place in Paris on May 16, 2006.
First Quarter 2006.
SCOR records an increase of 23% on premium income for Non-Life treaties on the Asian and Indian markets
Non-Life reinsurance treaties in Japan and Korea were up for renewal on 1 April 2006. These treaties represent around 75% of SCOR’s portfolio in the Asia-Pacific zone.
Christian Mounis, Deputy Chief Executive Officer of SCOR Vie, has been appointed to the SCOR Executive Committee; Jim Root has been appointed Director for Investor Relations; Stéphane Le May has been appointed Corporate Finance Manager within the Corporate Finance and Asset Management Department; Bertrand Bougon has been appointed Group Management Controller within the PBR Department; and...
SCOR will continue with the implementation of its plan to pay employees a variable portion of salary following the judgment of the Versailles appeals court
SCOR decided in July 2005 to implement a plan to pay all Group employees a variable portion of salary, based on performance, in addition to base salary. This plan was approved, through an additional clause to the employment contract, by 96% of SCOR Paris employees and by all of SCOR employees outside France.