SCOR SE : Denis Kessler is elected "Outstanding Contributor of the year - Risk" at the Insurance Insider Honours
September 12, 2014 at 02:33 am EDT
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On 11 September 2014 in London, Denis Kessler, Chairman and CEO of SCOR, was elected "Outstanding Contributor of the year - Risk" by the Insurance Insider editorial team and a judging panel of insurance and reinsurance industry professionals during the 2014 Insurance Insider Honours awards ceremony.
Every year, Insurance Insider magazine recognises a key contributor to the insurance and reinsurance industry. With this year's award, industry professionals have recognized Denis Kessler's contribution to the industry as well as the success SCOR has achieved under his leadership.
Since the beginning of the year, SCOR and its Chairman have received several distinctions from the insurance and reinsurance markets. In January, Denis Kessler was elected by the International Insurance Society to join the Insurance Hall of Fame, and in May the Group was distinguished by the Club des Trente (an association of leading French company CFOs), winning the "Prize for the Best Financial Operation in 2013" for its acquisition of Generali US. In June, SCOR was named "Reinsurer of the Year" at the Reactions London Market Awards, and also won the "Life Transaction of the Year" Award from the industry-leading newsletter Trading Risk, for its extreme mortality risk transfer contract with Atlas IX.
Denis Kessler, Chairman & Chief Executive Officer of SCOR, comments: "I am very proud to receive this distinction, which recognises SCOR's success story and its current leading global position. As stated earlier this week at SCOR's annual Investors' Day, the Group is well on track one year after the launch of its "Optimal Dynamics" strategic plan, further demonstrating its capacity to adapt to a challenging environment."
Scor SE is the leading French reinsurance company. Gross written premiums per activity are distributed as follows:
- life and health reinsurance (51.2%);
- non-life reinsurance (48.8%): reinsurance against damages (coverage for damage to industrial and commercial property, vehicles, ships, and stored or transported merchandise, coverage for losses due to fire, and civil liability coverage) and specialties (coverage for risks in the agriculture, aviation, construction and credit guarantee fields).
Geographic distribution of gross written premiums is as follows: France (17%), Europe (44.7%), Far East (18.8%), North America (7.4%), South America (2.2%), Africa (0.7%) and other (9.2%).