SCOR wins "Risk innovation of the year" category at the InsuranceERM Awards 2016
(Thomson Reuters ONE) -
Press Release
20 December 2016 - N° 33
SCOR wins "Risk innovation of the year"
category at the InsuranceERM Awards 2016
SCOR was named the winner of the "Risk innovation of the year" category at the
InsuranceERM Awards on 20 December 2016, a new achievement following the recent
"North American Life Reinsurer of the Year" award from Reactions Magazine (see
press release distributed on 6 October 2016) and the "Life Reinsurer of the
Year" award from Asia Insurance Review (see press release distributed on
17 October 2016).
This prestigious award notably recognises the Group's organisation in June
2015, ahead of COP 21, of the "SCOR Foundation Seminar on Climate Risks", in
conjunction with the Toulouse School of Economics and the leading international
think tank of the insurance industry, The Geneva Association. A number of
leading economists, climatologists, actuaries, academics and (re)insurance
professionals took part in the event to analyse and discuss the issue of climate
risks and their insurability, as well as decision making in a context of climate
uncertainty.
During this conference, SCOR notably proposed to examine and discuss the
implementation of effective and well-balanced public-private partnerships, with
a view to reducing the costs for the government, extending coverage to the
entire population, and insuring the risks associated with climate change. The
Group also highlighted the need for capital markets to increase their capacity
to absorb major catastrophes, and to strengthen their research into how to
combine capital market instruments with traditional (re)insurance.
For more information, see the website dedicated to the event and the publication
issued following the conference: "Climate Risk Modelling, with awareness of
economic, climate and policy related issues".
Denis Kessler, Chairman and CEO of SCOR, comments: "We are very proud to receive
this award, which acknowledges SCOR's strong mind-set in terms of placing ERM at
the heart of its strategy, particularly with regard to climate risks. Through
innovative initiatives such as those examined during the SCOR Foundation Seminar
on Climate Risks, SCOR is helping to spread knowledge, bringing together experts
from around the world to the benefit of its clients, and helping to create
concrete solutions in order to push back the frontiers of climate risk
insurability."
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Contact details
Marie-Laurence Bouchon
Group Head of Communications
+33 (0)1 58 44 76 10
mbouchon(at)scor.com
Ian Kelly
Head of Investor Relations
+44 203 207 8561
ikelly(at)scor.com
http://www.scor.com/
SCOR photo gallery
Twitter: (at)SCOR_SE
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 the 2015 reference document filed on 4 March 2016 under number
D.16-0108 with the French Autorité des marchés financiers (AMF) posted on SCOR's
website www.scor.com (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". 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:
http://hugin.info/143549/R/2066770/775968.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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
Unternehmensinformation / Kurzprofil:
Datum: 20.12.2016 - 17:37 Uhr
Sprache: Deutsch
News-ID 514105
Anzahl Zeichen: 6931
contact information:
Town:
Paris
Kategorie:
Business News
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