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4.4 Legal risk - Scor

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23 THIRD-PARTY INFORMATION AND STATEMENTS<br />

BY EXPERTS AND DECLARATIONS OF ANY<br />

INTEREST<br />

23.1 Expert’s report<br />

Not applicable.<br />

23.2 Information from third parties<br />

The Company certifies that all the following information stated in this Registration Document and received from third parties<br />

has been accurately reproduced and that as far as the Company is aware and is able to ascertain from information<br />

published by such third party, no facts have been omitted, which would render the reproduced information inaccurate or<br />

misleading:<br />

• Data issued from the Standard & Poor’s Global Reinsurance Highlights (2012 Edition) and relating to the ranking<br />

on reinsurance market participants quoted in Section 3.1 – Group key figures and Section 6.5 – Information on<br />

<strong>Scor</strong> ‘s competitive position;<br />

• Data issued from the Standard & Poor’s Global Reinsurance Highlights (2011 Edition) and relating to the ranking<br />

on reinsurance market participants quoted in Section 6.5 – Information on <strong>Scor</strong> ‘s competitive position;<br />

• Data issued from the Standard & Poor's Global Reinsurance Highlights (2010 Edition) and relating to ranking on<br />

reinsurance market participants quoted in Sections 5.1.5 - Important events in the development of the issuer's<br />

business;Ratings issued by the Standard & Poor’s, Fitch Ratings, AM Best and Moody’s rating agencies quoted in<br />

Section 3.1 - Group key figures; Section 4 – Risk factors, 4.1.9 – Financial ratings play an important role in <strong>Scor</strong>’s<br />

business; Section 6 – Business overview, 6.3 Extraordinary events influencing the principal business and markets;<br />

9.2.4 - Capital shield policy; Section 17.3.1 – Stock option plans and Section 17.3.2 - Share allocation plans and<br />

Section 20.1.6.18 - Stock options and share awards.<br />

• Flaspöhler study quoted in Section 6.5.2 – Life Reinsurance;<br />

313

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