«Press Release (p.1/6) 04 September 2007 N° 47 – 2007 For further information, please contact: Godefroy de Colombe +33 (0)1 46 98 73 50 Director ...»
Press Release (p.1/6)
04 September 2007
N° 47 – 2007
For further information, please contact:
Godefroy de Colombe +33 (0)1 46 98 73 50
Director for Public Affairs
Jim Root +33 (0)1 46 98 72 32
Director for Investor Relations
Implementation of a new SCOR Executive
Committee and a new SCOR Switzerland
The SCOR group today published the second version of the “Dynamic Lift” plan, which sets out the Group’s objectives for the next three years. This plan is based on the Group’s balanced and profitable growth, centred on Europe and Asia. Its stated aim is to reach a shareholders’ equity profitability of 900 basis points above the risk-free rate and to significantly raise the Group’s solvency level for the period between 2007 and 2010.
SCOR group Executive Committee and organisational structure:
In order to put this strategic plan into action, a new SCOR group Executive Committee has been appointed. Chaired by Denis Kessler, Group Chairman and Chief Executive
Officer, the Executive Committee comprises:
Uwe Eymer, Chief Executive Officer of SCOR Global Life; Victor Peignet, Chief Executive Officer of SCOR Global P&C; Jean-Luc Besson, Chief Risk Officer; Paolo De Martin, Group Chief Financial Officer; François de Varenne, Chief Operating Officer; Benjamin Gentsch, Deputy Chief Executive Officer of SCOR Global P&C; Michael Kastenholz, Deputy Chief Risk Officer; and Gilles Meyer, Deputy Chief Executive Officer of SCOR Global Life. Patrick Thourot becomes Senior Advisor to the Chairman and remains a SCOR Group director.
Sylvain Boueil has been appointed Group General Counsel, Christian Felderer General Counsel/Operations and Vincent Malige General Counsel/Holding. Paolo Varisco has been appointed Head of Internal Audit. Yvan Besnard has been appointed Head of Treaties Worldwide for SCOR Global P&C and Andreas Zdrenyk has been appointed Chief Operating Officer of SCOR Global P&C.
SCOR Switzerland Executive Committee and organisational structure:
The new Executive Committee of SCOR Switzerland is chaired by Benjamin Gentsch (Chief Executive Officer of SCOR Switzerland) and comprises Christian Felderer (General Counsel), Sylvie Van Viet (Head of Strategy and Development), Christopher Wing (Chief Financial Officer) and Andreas Zdrenyk (Chief Operating Officer).
* * * 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 paragraph, should not be held as corresponding to such profit forecasts. Information in this communication relating to the Tender Offer 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.
SCOR SE 1, av. du Général de Gaulle 92074 Paris La Défense Cdx France Tél + 33 (0) 1 46 98 70 00 Fax + 33 (0) 1 47 67 04 09 www.scor.com RCS Nanterre B 562 033 357 Siret 562 033 357 00020 Société Européenne au Capital