PARIS, Sept. 20, 2001 (PRIMEZONE) -- SCOR (NYSE:SCO).
Taking into account all of the information available a week after the World Trade Center tragedy, SCOR confirms its initial estimation of a cost for the Group which amounts to USD 150 to 200 million, net of covers and retrocession's, underwritten with prime quality partners.
With 30 offices around the world, serving clients in over 150 countries, SCOR is France's largest reinsurer and one of the industry world leaders. Thanks to its ability to provide innovative technical and service support, the SCOR Group has built up a well balanced portfolio of Property and Casualty, Life, Accident & Health and Specialty reinsurance products and services. The Group's ratings, which include AA from Fitch, A+ (Superior) from AM Best and AA- from Standard & Poor's, reflect its financial strength and underwriting expertise. SCOR shares, which belong to the SBF 120, Bloomberg European Insurance, NEXT 150 and Dow Jones STOXX indexes, are listed in Paris, Frankfurt and New York. SCOR has a widely diversified international shareholder base, with more than 30,000 shareholders in 55 countries.
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