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Scor: The SCOR group continues to execute the "Optimal Dynamics" plan with the "Alternative Solutions" initiative and reinforces its central functions

Press Release
20 May 2014

For more information, please contact:
Géraldine Fontaine +33 (0) 1 58 44 75

Antonio Moretti +33 (0) 1 58 44
77 15
Investor Relations Director

The SCOR group continues to execute the "Optimal Dynamics" plan with the
"Alternative Solutions" initiative and reinforces its central functions

SCOR continues to implement its strategic plan "Optimal Dynamics" with the
creation of a new business unit dedicated to the "Alternative Solutions"
initiative within its SCOR Global P&C division.

The "Alternative Solutions" initiative, which is set out in the "Optimal
Dynamics" plan, aims to provide the Group's insurance and corporate clients
with a wider range of hybrid reinsurance solutions for the transformation,
financing and transfer of risks.

The newly created business unit is part of the Specialties section of SCOR
Global P&C. It combines the division's expertise in terms of Structured Risk
Transfer (SRT), Alternative Risk Financing (ARF) and Insurance Linked
Securities (ILS), under the supervision of its SRT/ART Committee comprising
Victor Peignet, Benjamin Gentsch and Yvan Besnard.

Vincent Foucart
, who had been Group Corporate Secretary since 2010, becomes the Director of
this new "Alternative Solutions" business unit.

Romain Launay
, currently Senior Advisor to the Chairman&Chief Executive Officer of SCOR, is
appointed Group General Secretary. Reporting to the Chairman&CEO, he will be
in charge of a broader General Secretariat that includes the Group's legal
department and combines, in addition to legal affairs, the secretariat of the
Board, regulatory affairs, compliance and public affairs. Vincent Malige,
currently Group Deputy General Counsel, henceforth takes on the
responsibilities of Group General Counsel following the departure of Eric
Sandrin, within the framework of the General Secretariat run by Romain


* *

Romain Launay

, 35, is a graduate of the
Ecole Polytechnique,the
Ecole des Mines de Paris, Corps des Minesand the
Centre des Hautes Etudes de l'Assurance(CHEA). In 2004, he became Deputy
Regional Director of DRIRE Ile-de-France. In
2007, he was appointed Director of the office of the General Directorate for
Competitiveness, Industry and Services (DGCIS) at the Ministry of the
Economy, Industry and Employment. From November 2009 to February 2012, he was
Technical Advisor to the Prime Minister notably in charge of company
financing, services, competition, consumption and small and medium-sized
enterprises. He joined SCOR in February 2012 as Senior Advisor to the
Chairman&Chief Executive Officer.

Vincent Foucart,
35, is a graduate of the
Ecole Nationale Supérieure de Techniques Avancées(ENSTA) and the
Centre des Hautes Etudes de l'Assurance(CHEA), and holds an Executive MBA from
HEC. He is also a financial analyst
(CFA) and actuary. He began his career at Société Générale in Asia and joined
the ALLIANZ group as Investor Relations Manager in 2001, where he went on to
become Director of the AGF Chairman's office and, as of 2006, Manager of the
Long-Term Investments division. In 2007, he took charge of the asset
management company Tocqueville Finance. In 2009, he joined the SCOR group as
Director of the Chairman&CEO's office, before becoming Group Corporate
Secretary. In parallel, he has been developing SCOR Global P&C's ILS offering
since 2011.

Vincent Malige

, 43, holds a postgraduate diploma in economic law from the Panthéon-Sorbonne
University and is a member of the Paris Bar. He began his career as a
corporate lawyer in London and Paris before working at a law firm
specializing in mergers and acquisitions from 2001 to 2006. In 2006 he joined
the SCOR Group as a lawyer within the Group Legal Department. He became
General Counsel of the Holding in 2008, before being appointed Paris Hub
General Counsel and Group Deputy General Counsel in 2011.


* *

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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