Following today’s decision by the SCOR Board of Directors, SCOR will become the first French listed company (SCOR SA) to adopt the status of Societas Europaea.
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.
Agenda of the Combined General Meeting of Shareholders of SCOR chaired by Denis Kessler took place in Paris on May 16, 2006.
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 Corpora
2005 Annual Results.
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.
Gross written premiums by the SCOR Group for 2005 amounted to EUR 2,407 million, down 6% compared to 2004.
Gilles Thivant has taken over as the French market Director of SCOR Vie, the SCOR group’s subsidiary dedicated to Life Reinsurance.