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SCOR Reinsurance Company (USA)
       
 
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SCOR Reinsurance Company (USA)
 
 
Overview: 

SCOR is a leading Global reinsurer with a business model based on a twin-engine model: Life and Non-Life reinsurance.
The Company seeks sustainable client relationships designed to strengthen the Group’s business franchise, technical underwriting geared to profitability, a high level of diversification by line of business and by market, Group protection through the retrocession and catastrophe bond markets, prudent asset management, a very active risk management policy, and finally optimal use of available capital in order to guarantee solvency, which in turn ensures the confidence of SCOR’s clients, employees and shareholders.
History: 

2008    Fitch upgrades SCOR to "A"
2008    SCOR is admitted to the Brazilian reinsurance market
2008    SCOR enters fully collateralized USD 100 million and EUR 36 million mortality risk swap
2008    SCOR launches Property & Casualty branch in China
2008    Swiss subsidiary of SCOR delisted its American Depositary Shares from the NYSE on 7 January 2008
2008    SCOR opens representative office in South Africa
2007    The SCOR Group now holds 98.67% of ReMark, a global insurance direct-marketing company
2007    SCOR wins award for its comprehensive employee share ownership model
2007    SCOR acquires 98% of Converium to create a Top 5 global multi-line reinsurer
2007    SCOR wins ‘General Reinsurer of the Year’ award in Asia
2007    SCOR announces that its American Depositary Shares (ADSs) were delisted on June 14, 2007 from the New York Stock Exchange, following the company's application for voluntary delisting filed on June 4, 2007
2007    SCOR announces intention of SCOR Holding (Switzerland) Ltd. to delist American Depositary Shares and to deregister in the US
2007    SCOR is the first listed French company to form a Common European Companies Committee
2007    SCOR wins three prestigious awards in Life and Health reinsurance in the United Kingdom and Ireland
2007    SCOR Share consolidation takes place on 3 January
2006    Licence obtained in China
2006    Moody’s upgrades the SCOR group’s rating to "A3, stable outlook"
2006    AM BEST raises the SCOR Group rating to "A-, stable outlook"
2006    Successful completion of a EUR 350 million subordinated debt issue as part of the Revios acquisition
2006    SCOR and REVIOS to create together SCOR Global Life, a top-tier Life reinsurer
2006    SCOR becomes the first French listed company to constitute itself as a Societas Europaea
2005    Acquisition of 2006 renewal rights relating to the Alea Europe property and casualty treaty portfolio.
2005    Opening of a representative office in India
2005    Standard & Poor’s upgrades SCOR Group to "A-, stable outlook"
2004    Licence obtained in Korea
2004    Successful completion of SCOR's capital increase of EUR 751 million
2003    Incorporation of the Life Division: SCOR VIE
2002    Life office opened in Brussels
Successful completion of SCOR's capital increase of EUR 381 million
2001    Creation of Irish Reinsurance Partners in Dublin
2000    Offices opened in Beijing and Labuan
Life Division set up in the United States via acquisition of PartnerRe Life
Creation of the Business Solutions division dedicated to Large Corporate Accounts
1998    Office opened in Moscow
1997    Office opened in Seoul
1996    Acquisition of Allstate Group's reinsurance portfolio in the United States
Listing (A.D.R) on the New York Stock Exchange
Offices opened in Rio de Janeiro and Miami
1989    Merger with UAP Re
Listing on the Paris Stock Exchange
Acquisition of Deutsche Kontinentale Ruck
1988    Acquisition of La Vittoria Riassicurazioni in Italy
1983    Office opened in Tokyo
1987    SCOR US moved headquarters to New York
1977    Office opened in Singapore
SCOR Canada founded in Toronto
Branch opened in Montreal
1976    Offices opened in Madrid, Mexico, Bogota and Sydney
1974    SCOR US formed in Dallas
1973    Branch opened in London
1972    Branch opened in Hong Kong
1970    Foundation of SCOR


 
 
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