Latest SCOR SE Headlines
All the headlines from our SCOR SE Topic Page, ordered by recency.
SCOR Group Issues Statement on Tragedy
Sep 14 2001 // Paris-based SCOR Group, whose American subsidiary occupied Floors 23-24 in the South Tower of the World Trade Center, issued the following statement: “SCOR Group would firstly like to express its sympathy to the...
SCOR, Latest Reinsurer to Report Strong 1st
Sep 11 2001 // France’s SCOR Group posted an impressive 53 percent increase in gross written premiums for the 1st half of 2001 to €2.361 billion ($2.12 billion), while net pre-tax profit rose 5.8 percent to€ 99 million...
SCOR Completes Purchase of Sorema
May 25 2001 // SCOR, France’s largest reinsurer, announced that it had completed the purchase of Sorema S.A. and Sorema North American Reinsurance Co. from their parent company, French mutual insurer Groupama. Groupama will receive...
SCOR in Discussions To Acquire Sorema
Apr 5 2001 // Paris-based SCOR Group, France’s largest reinsurer, confirmed that it was holding talks with mutual insurer Groupama SA to acquire its unprofitable reinsurance subsidiaries Sorema SA and Sorema NA, the...
SCOR 2000 Premium Volume Up
Feb 13 2001 // French reinsurer SCOR S.A. has reported a 14.5 percent increase in premium volume to 3.5 billion euros ($3.30 billion) in 2000. Prior to publication of its complete annual results in March, the Paris-based group announced...
SCOR Signs Two Life Re Contracts For $200 Million
Nov 28 2000 // SCOR Group announced that its U.S. subsidiary, SCOR Life US Reinsurance Cy, formed following the acquisition of PartnerRe Life last April, has signed two major reinsurance contracts “representing total annual premium...
SCOR Business Solutions Launched in Paris
Oct 6 2000 // SCOR Group announced the formation of its new division, SCOR Business Solutions, to a group of over 100 risk managers, brokers and insurers in Paris on Wednesday. The new unit will specialize in handling large corporate...
SCOR Reports Lower 1st Half Earnings
Sep 1 2000 // French reinsurer SCOR announced first half results which were somewhat lower than anticipated. Net earnings dropped from 1999’s €70 million ($62.3 million) to €36 million ($32 million) for the period. “The...
S&P Ratings Update
Jun 6 2000 // Standard & Poor’s announced several changes in ratings and outlook for insurers over the past week. Those concerning non-U.S. companies were as follows: SCOR Re: S & P took the company off the “credit...
PartnerRe/SCOR Finalize Life Reinsurance Sale
May 16 2000 // Confirming the plans revealed last month, Bermuda’s PartnerRe said that it had reached agreement on the terms for the acquisition of its U.S. subsidiaries, PartnerRe Life Insurance Co., Republic Vanguard Life...
PARTNER RE TO SELL SCOR
Apr 24 2000 // Bermuda-based PartnerRe has reached an agreement with France’s SCOR Group to sell its U.S. life reinsurance business, PartnerRe Life Insurance Company of the U.S., and its subsidiaries Vanguard Life Insurance Co.,...
Negative Rating Reaction to SCOR Re Purchase
Apr 17 2000 // Standard & Poor’s announced that it had placed French reinsurer SCOR Group “on credit watch with negative implications,” following the announcement of its plans to purchase PartnerRe Life Insurance...
PartnerRe to Sell U.S. Life Operations to SCOR
Apr 13 2000 // Bermuda-based PartnerRe announced that it has reached an agreement with France’s SCOR Group to sell its U.S. life reinsurance business, PartnerRe Life Insurance Company of the U.S., and its subsidiaries Vanguard Life...
