All the headlines from our SCOR SE Topic Page, ordered by recency.
Jan 15 2002 // A.M. Best announced that it has downgraded the financial strength rating of France’s SCOR to A (Excellent) from A+ (Superior) and has removed the rating from under review. The new rating also applies to all of...
Jan 7 2002 // The innovative feature of the CAT Bond consists of easily ascertainable parametric triggers for the three geographic regions covered by the transaction.”For the San Francisco Bay Area and Greater Los Angeles, the...
Dec 28 2001 // Standard & Poor’s announced that it has assigned its double-‘A’-minus insurer financial strength and counterparty credit ratings to newly created Dublin-based reinsurer Irish Reinsurance Partners...
Dec 20 2001 // Standard & Poor’s affirmed its ratings on French reinsurer SCOR and its subsidiaries and removed them from CreditWatch. It also assigned a triple-‘B’-minus counterparty credit rating to Alea Group...
Nov 19 2001 // SCOR Group, France’s largest reinsurer, posted impressive 45 percent premium income gains for the third quarter to € 3.477 ($3.1 billion). The figures include premiums attributable to the recently acquired SCOR...
Oct 29 2001 // If the nautical term best applied to the reinsurance industry last year this time would have been “Steady as she goes,” after the catastrophe that struck the U.S. on Sept. 11, the French term “sauve qui...
Oct 8 2001 // If the nautical term best applied to the reinsurance industry last year at this time would have been “steady as she goes,” after the catastrophe that struck the U.S. on Sept. 11, the French term “sauve...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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.,...
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...
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...