12.09.2014 08:24:00
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SCOR: Denis Kessler is elected "Outstanding Contributor of the year - Risk" at the Insurance Insider Honours
Press Release
12 September 2014
For more information, please contact:
Marie-Laurence Bouchon +33 (0) 1 58 44 75 58
Group Head of Communications
Antonio Moretti +33 (0) 1 58 44 77 15
Investor Relations Director
Denis Kessler is elected "Outstanding Contributor of the year - Risk" at the Insurance Insider Honours
On 11 September 2014 in London, Denis Kessler, Chairman and CEO of SCOR, was elected "Outstanding Contributor of the year - Risk" by the Insurance Insider editorial team and a judging panel of insurance and reinsurance industry professionals during the 2014 Insurance Insider Honours awards ceremony.
Every year, Insurance Insider magazine recognises a key contributor to the insurance and reinsurance industry. With this year's award, industry professionals have recognized Denis Kessler's contribution to the industry as well as the success SCOR has achieved under his leadership.
Since the beginning of the year, SCOR and its Chairman have received several distinctions from the insurance and reinsurance markets. In January, Denis Kessler was elected by the International Insurance Society to join the Insurance Hall of Fame, and in May the Group was distinguished by the Club des Trente (an association of leading French company CFOs), winning the "Prize for the Best Financial Operation in 2013" for its acquisition of Generali US. In June, SCOR was named "Reinsurer of the Year" at the Reactions London Market Awards, and also won the "Life Transaction of the Year" Award from the industry-leading newsletter Trading Risk, for its extreme mortality risk transfer contract with Atlas IX.
Denis Kessler, Chairman & Chief Executive Officer of SCOR, comments: "I am very proud to receive this distinction, which recognises SCOR's success story and its current leading global position. As stated earlier this week at SCOR's annual Investors' Day, the Group is well on track one year after the launch of its "Optimal Dynamics" strategic plan, further demonstrating its capacity to adapt to a challenging environment."
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Forward-looking statements
SCOR does not communicate "profit forecasts" in the sense of Article 2 of (EC) Regulation n°809/2004 of the European Commission. Thus, any forward-.looking statements contained in this communication should not be held as corresponding to such profit forecasts. Information in this communication may include "forward-looking statements", including but not limited to statements that are predictions of or indicate future events, trends, plans or objectives, based on certain assumptions and include any statement which does not directly relate to a historical fact or current fact. Forward-looking statements are typically identified by words or phrases such as, without limitation, "anticipate", "assume", "believe", "continue", "estimate", "expect", "foresee", "intend", "may increase" and "may fluctuate" and similar expressions or by future or conditional verbs such as, without limitations, "will", "should", "would" and "could." Undue reliance should not be placed on such statements, because, by their nature, they are subject to known and unknown risks, uncertainties and other factors, which may cause actual results, on the one hand, to differ from any results expressed or implied by the present communication, on the other hand.
Please refer to SCOR's Document de référence filed with the AMF on 05 March 2014 under number D. 14-0117 (the "Document de référence"), for a description of certain important factors, risks and uncertainties that may affect the business of the SCOR Group. As a result of the extreme and unprecedented volatility and disruption of the current global financial crisis, SCOR is exposed to significant financial, capital market and other risks, including movements in interest rates, credit spreads, equity prices, and currency movements, changes in rating agency policies or practices, and the lowering or loss of financial strength or other ratings.
The Group's financial information is prepared on the basis of IFRS and interpretations issued and approved by the European Union. This financial information does not constitute a set of financial statements for an interim period as defined by IAS 34 "Interim Financial Reporting".
SCOR Press Release
This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Scor via Globenewswire
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