SCOR opens a SCOR Global P&C SE representative office in Kenya
(Thomson Reuters ONE) -
Press Release
24 August 2017 - N° 20
SCOR opens a SCOR Global P&C SE
representative office in Kenya
Further to the initial approval granted in April 2016, the Insurance Regulatory
Authority of Kenya (IRA) has confirmed its approval of the opening of a SCOR
Global P&C SE representative office in Nairobi. The new office will become
operational on 1 September 2017 and will be headed by Christian Ramamonjiarisoa.
It will support SCOR's marketing activities in the East African markets.
The creation of this representative office in Kenya is part of the Group's
"Vision in Action" strategic plan to further expand and deepen its franchise, in
line with its business model based on proximity to markets and clients. It
clearly demonstrates the Group's commitment to the African markets. SCOR has
been writing business in Africa for more than 40 years.
The new Kenyan representative office will represent and promote SCOR Global
P&C's expertise, capabilities and services in East Africa, with the aim of
enhancing its contribution to the development of the markets in the region.
Victor Peignet, Chief Executive Officer of SCOR Global P&C, comments: "We
welcome the approval granted by the Insurance Regulatory of Kenya to open a SCOR
Global P&C representative office in Nairobi. The opening of the representative
office will enable us to better market our customized solutions to our clients
in the East African markets, in order to provide responses adapted to their
evolving needs."
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Contact details
Marie-Laurence Bouchon
Group Head of Communications
+33 (0)1 58 44 75 43
mbouchon(at)scor.com
Ian Kelly
Head of Investor Relations
+44 203 207 8561
ikelly(at)scor.com
http://www.scor.com/
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 2016 reference document filed on 3 March 2017 under number
D.17-0123 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".
SCOR Press Release:
http://hugin.info/143549/R/2129111/813220.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: 24.08.2017 - 15:24 Uhr
Sprache: Deutsch
News-ID 557732
Anzahl Zeichen: 5374
contact information:
Town:
Paris
Kategorie:
Business News
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