SCOR is honored with two awards

By: SCOR

SCOR is honored with two awards for its North American Life and P&C reinsurance business by Reactions magazine

SCOR was honored twice at Reactions magazine’s North American Awards, during a ceremony held in New York on September 28, 2017.

• For the third consecutive year, SCOR was named “North American Life Reinsurer of the Year” in 2017. This award reflects the Group’s leadership on the US individual Life reinsurance market. SCOR has a very strong franchise in the US, offering a full range of solutions to support insurers, from managing their mortality risk exposures to optimizing their balance sheet and capital position.

• The Group’s P&C division was also distinguished, with Nicholas Nudo, Senior Vice President Treaty Casualty Team Leader, being named “Underwriting Star of the Year”. This award was made against the backdrop of the development of the US P&C reinsurance franchise.

SCOR was named “Reinsurer of the Year” at the prestigious “Reactions London Market Awards”.

Denis Kessler, Chairman & Chief Executive Officer of SCOR, comments: “We are very proud to be honored for both our Life and P&C reinsurance business on the North American market. With the acquisitions of Transamerica Re and Generali USA, SCOR Global Life has accelerated its expansion in the US over the past six years and delivers the highest level of service to its clients. On the P&C reinsurance side, this award commends SCOR Global P&C’s dynamic underwriting on the North American market, where the Group aims to expand, as announced in the “Vision in Action” plan.”