Health & Fitness
Health and Fitness
Health and Fitness
Fri, February 6, 2009
Thu, February 5, 2009 SCOR: Prestigious Redmayne report recognises SCOR with three awards in Life and Protection reinsurance in the United Kingdom an
PARIS--(Marketwire - February 5, 2009) -
Prestigious Redmayne report recognises SCOR with three awards in Life and Protection reinsurance in the United Kingdom and Ireland
SCOR Global Life UK, based in London, has won three awards in the Redmayne Report on Reassurance 2008: "Best Overall Reinsurer", "Best Client Focus" and "Reinsurance Personality". The latter was bestowed on Roy Chappell, Head of Business Development of SCOR Global Life UK. The 2007 report already commended SCOR with three prizes, demonstrating SCOR's strong reputation in the UK and Irish markets for building long-term mutually-profitable partnerships with its clients.
Gilles Meyer, CEO of SCOR Global Life, comments, "The Redmayne awards are yet again a very important recognition for SCOR and are a great motivation for SCOR Global Life to continue to strengthen our traditional protection business strategy in the United Kingdom and Ireland, two of the most important life markets in the world."
Simon Pearson, Head of SCOR Global Life UK comments, "I am delighted to get this market recognition from one of the most prestigious Life reports. The whole UK team has worked very hard to merit such a distinguished acknowledgment. Going forward we will further accentuate our mortality and income protection propositions and reinforce our leading position in the critical illness domain."
The Redmayne report is published annually by Redmayne Consulting (which specialises in UK and Irish Life and Protection business). The premier commercial report in this field is based on a survey of the key reinsurance buyers from the UK and Ireland. The survey takes into account value added by the reinsurer, the positive or negative impact of the reinsurer on the market, and the standard of support services offered by the reinsurer (including underwriting advice, paying claims, general understanding and quality of support, and pricing research).
SCOR Global Life UK provides reinsurance partnerships for the individual protection lines, namely Life, Critical Illness and Income Protection. SCOR Global Life UK provides cost-effective insurance solutions to the broader market.
Forward-looking statements
SCOR does not communicate "profit forecasts" in the sense of Article 2 of (EC) Regulation n degrees809/2004 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 28 March 2008 under number D.08-0154 (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.
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