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).
Eric Sandrin is appointed Group General Counsel with effect from 14 March 2011, reporting to SCOR’s Chief Operating Officer.
SCOR has been working with the Japanese Market and dealing with its Japanese clients from the company and co-operative sectors since 1975.
SCOR’s 2010 Registration Document (“Document de Référence”) was filed with the French financial market authority, the Autorité des marchés financiers (AMF), on 8 March 2011.
SCOR continues to combine growth with profitability in 2010: net income of EUR 418 million (up 13% from 2009) and premium income of EUR 6.7 billion (up 5% from 2009).
SCOR is disposing of its US Fixed Annuity business through the sale of its subsidiary Investors Insurance Corporation (IIC) for USD 55 million.
On 21 December 2010, the Mexican Ministry of Finance granted SCOR Global Life SE a licence to set up a representative office in Mexico, under the name of SCOR Global Life SE Oficina de Representación en Mexico.
SCOR announces the finalization of its 3-year EUR 150 million Nat Cat financial coverage facility taking the form of an event-driven guaranteed equity as an innovative contingent capital solution.
On 15 December 2010, André Lévy-Lang, Chairman of the Risk Foundation and President of the jury, and Denis Kessler, Chairman and CEO of SCOR, awarded the actuarial prizes for France during a ceremony at the Cercle de
Operating on reinsurance markets throughout the world, SCOR is involved in the various fields of research concerned with risk.
In November 2008, SCOR highlighted the inevitable rise in sovereign risk in the countries the most affected by the crisis, whose public finances were likely to deteriorate sharply.
