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SCOR Group Appointments
Market Wire, March, 2006
24 March 2006
- Christian Mounis, Deputy Chief Executive Officer of SCOR Vie, has been appointed to the SCOR Executive Committee.
Christian Mounis, 52, a graduate of France's ESSEC business school, joined SCOR in 1977 as a treaty underwriter. He opened the SCOR Tokyo office in 1983, before running SCOR's Regional Operations in Asia from 1989 to 1995. Christian Mounis has been Deputy Chief Executive Officer of the Group's Life business since 1998.
- Jim Root has been appointed Director for Investor Relations for the SCOR Group.
Jim Root, 43, is a graduate of Princeton University and the Ecole Supérieure de Commerce de Lyon. He is also a Chartered Financial Analyst. He has previously worked as a financial analyst and portfolio manager, notably at Crédit Lyonnais and Templeton Asset Management. Jim Root formerly occupied the post of Director for Investor Relations at the SCOR Group between 2003 and 2005.
- Stéphane Le May has been appointed Corporate Finance Manager within the Corporate Finance and Asset Management Department for the SCOR Group.
Stéphane Le May, 32, holds a DESS in Corporate Finance from the University of Paris-Dauphine, as well as a DESCF. Formerly a financial analyst with Oddo, Stéphane Le May joined the SCOR Group in 2003 as Investor Relations Manager.
- Bertrand Bougon has been appointed Group Management Controller within the PBR (Planning, Budgeting & Results) Department for the SCOR Group.
Bertrand Bougon, 34, an actuary, previously worked at Rhodia Assurances, where he was Planning & Control Manager. He joined the SCOR Group in September 2005 as Management Control Director for Non-Life reinsurance business.
- Thierry Bovery has been appointed Accounting and Management Control Director for SCOR Vie.
Thierry Bovery, 45, a graduate of the Ecole Supérieure des Travaux Publics, also holds a DESS in Business Administration from the Paris I.A.E. Institute and a DESCF. From 1987 to 1996 he worked at the KPMG Audit Group, where he was Audit Manager, before joining SCOR where he worked as a Results, Methods & Procedures Analyst for Non-Life activities from 1996 to 2005. Since June 2005 he has been Management Analysis Director at SCOR Vie.
2006
2006 Asia Renewals : 13 April 2006
2006 1st quarter Results and General Meeting : 16 May 2006
2006 1st half Results : 30 August 2006
2006 3rd quarter Results : 8 November 2006
Certain statements contained herein are forward-looking. These statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a historical fact or current fact. Forward-looking statements typically are identified by words or phrases such as "anticipate", "assume", "believe", "continue", "estimate", "expect", "foresee", "intend", "may increase" and "may fluctuate" and similar expressions or by future or conditional verbs such as "will", "should", "would" and "could." These forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause SCOR's actual results, performance, achievements or prospects to be materially different from any future results, performance, achievements or prospects expressed or implied by such statements. Such factors include, among others: the impact of future investments, acquisitions or dispositions, and any delays, unexpected costs or other issues experienced in connection with any such transaction; cyclicality of the reinsurance industry; changes in general economic conditions, particularly in our core markets; uncertainties in estimating reserves; the performance of financial markets; expected changes in our investment results as a result of the changed composition of our investment assets or changes in our investment policy; the frequency, severity and development of insured claim events; acts of terrorism and acts of war; mortality and morbidity experience; policy renewal and lapse rates; changes in rating agency policies or practices; the lowering or withdrawal of one or more of the financial strength or credit ratings of one or more of our subsidiaries; changes in levels of interest rates; political risks in the countries in which we operate or in which we insure risks; extraordinary events affecting our clients, such as bankruptcies and liquidations; risks associated with implementing our business strategies; changes in currency exchange rates; changes in laws and regulations, including changes in accounting standards and taxation requirements; and changes in competitive pressures.
These factors are not exhaustive. Additional information regarding risks and uncertainties is set forth in the current annual report of the company. We operate in a continually changing environment and new risks emerge continually. Readers are cautioned not to place undue reliance on forward-looking statements. We undertake no obligation to publicly revise or update any forward-looking statements, whether as a result of new information, future events or otherwise.