4.4 Legal risk - Scor

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Date Subject Marchés Financiers 27 July 2012 In a challenging environment, SCOR announces the publication of its interim financial report for the six months ending 30 June 2012 - Press release 27 July 2012 SCOR meets its targets and records net income of EUR 206 million in the first half 2012 - Press release 24 July 2012 SCOR achieves a strong performance with 24% premium growth and a 3% price increase during the June-July P&C renewals - Press release 6 July 2012 Half-year statement of the liquidity contract between SCOR SE and EXANE BNP Paribas - Press release 5 July 2012 SCOR is elected "Reinsurance Company of the Year" - Press release 3 July 2012 Disclosure of trading in own shares (out of the liquidity agreement) made from 1 June to 30 June 2012 Number of voting rights as at 30 June 2012 - Declaration pursuant to Article L. 233-8 II of the 3 July 2012 French Commercial Code and Article 223-16 of the General Regulation of the Autorité des Marchés Financiers 25 June 2012 SCOR is a founding signatory of the Principles for Sustainable Insurance (PSI) - Press release 5 June 2012 Standard & Poor's upgrades SCOR to "A+" - Press release 1 June 2012 Disclosure of trading in own shares (out of the liquidity agreement) made from 4 May to 31 May 2012 Number of voting rights as at 31 May 2012 - Declaration pursuant to Article L. 233-8 II of the 1 June 2012 French Commercial Code and Article 223-16 of the General Regulation of the Autorité des Marchés Financiers 16 May 2012 SCOR actively pursues its capital shield strategy by extending its innovative contingent capital solution by EUR 75 million - Press release 9 May 2012 Moody's upgrades SCOR's insurance financial strength ratings to A1 - Press release 9 May 2012 Disclosure of trading in own shares (out of the liquidity agreement) made from 1 April to 3 May 2012 Number of voting rights as at 3 May 2012 - Declaration pursuant to Article L. 233-8 II of the 9 May 2012 French Commercial Code and Article 223-16 of the General Regulation of the Autorité des Marchés Financiers 3 May 2012 SCOR's combined general meeting of 3 May 2012 adopts all the proposed resolutions - Press release SCOR Global Life embedded value reaches EUR 3.3 billion 2011 (EUR 18.0 per share), 3 May 2012 continuing to provide the SCOR group with significant earnings and strong capital repatriation - Press release SCOR records net income of EUR 104 million in the 1st quarter 2012, confirming the dynamism 3 May 2012 of its franchise - SCOR Global Life embedded value grows by 50% to EUR 3.3 billion - Press release 2 May 2012 A.M. Best upgrades SCOR's issuer credit rating to "A+" - Press release 26 April 2012 Thanks to its very favourable positioning, SCOR Global P&C records a premium increase of 11% and a pricing increase of 7% during the 1 April renewals - Press release 12 April 2012 Combined Shareholders' Meeting of 3 May 2012 at 10:00 - Press release 3 April 2012 Disclosure of trading in own shares (out of the liquidity agreement) made from 1 March to 31 March 2012 Number of voting rights as at 31 March 2012 - Declaration pursuant to Article L. 233-8 II of the 3 April 2012 French Commercial Code and Article 223-16 of the General Regulation of the Autorité des Marchés Financiers 27 March 2012 Combined Shareholder' Meeting of 3 May 2012 at 10:00 - Press release 15 March 2012 Fitch upgrades SCOR's rating to "A+" - Press release 8 March 2012 SCOR announces the publication of its 2011 Registration Document - Press release 326
28.4 Information published on NYSE-Euronext’s web site (www.euronext.com) All press releases and offering circulars published on the AMF site (Section 28.1) and on SCOR’s web site (Section 28.3) are simultaneously published on NYSE-Euronext’s website. In addition, the following were published on the NYSE- Euronext’s website: Date Subject 5 June 2012 Press release - Increase in the number of outstanding shares 19 March 2012 Press release - increase in the number of outstanding shares 28.5 Information published on the Info-Financières web site (www.info-financiere.fr/search.php.com) All press releases and offering circulars published on the AMF site (Section 28.1) and on SCOR’s web site (Section 28.3) are simultaneously published on the Info-Financières’ website. No other information has been published on the Info- Financières’ website. 327
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NOTICE Certain statements contained
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1 Person responsible 8 1.1 Name and
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13 Profit forecasts or estimates 11
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8 PERSON RESPONSIBLE
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1 PERSON RESPONSIBLE 1.1 Name and t
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2.1 Auditors 13 2.2 Resignation or
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14 SELECTED FINANCIAL INFORMATION
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3 GROUP KEY FIGURES (UNDER CURRENT
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4.1 Risk related to the business en
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claims or surrenders of policies th
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B. Life reinsurance The main catego
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statutory reserve requirements or h
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B. SCOR is exposed to Guaranteed Mi
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4.1.9 FINANCIAL RATINGS PLAY AN IMP
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and amortization expenses related t
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F. Deposits with custodians As part
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4.2.2 SCOR FACES RISKS RELATED TO I
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Details of intangible assets, relat
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4.4.2 INCONSISTENT APPLICATION OF E
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See “Appendix B - II. Internal co
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5.1 History and development of the
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proportion of the voting rights hel
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Gerling Global Re Group, which deve
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5.2 Investments 5.2.1 PRINCIPAL INV
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6.1 Primary activities 53 6.2 Princ
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The targets of the strategic plan a
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B. Proportional and non-proportiona
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payment of commercial debts. Surety
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Long-Term Care Long-Term Care (“L
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with local lines of business and po
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transfer solutions (e.g., catastrop
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Retrocession procedures are central
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The portion invested in fixed incom
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6.2 Principal markets SCOR is chara
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On 6 March 2010, STOXX announced SC
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The premiums up for renewal, which
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75 ORGANIZATIONAL STRUCTURE
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E U R O P E 7 ORGANIZATIONAL STRUCT
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7.1.1.2 Project "New SCOR" In conne
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7.2 List of issuer’s significant
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8.1 Major existing or planned prope
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86 OPERATING AND FINANCIAL REVIEW
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9 OPERATING AND FINANCIAL REVIEW Th
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year ended 31 December 2012 down fr
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In 2011, SCOR was affected by the f
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31 March 2014. This transaction suc
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Net investment income and investmen
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IFRS classification In EUR million
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Combined ratio For detailed calcula
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10.1 Capital 103 10.2 Cash flow 103
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FINANCIAL LEVERAGE As at 31 Decembe
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11.1 Research and development activ
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studies and publications produced o
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12.1 Most significant trends in pro
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SCOR Global Life expects business o
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114 PROFIT FORECASTS OR ESTIMATES
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116 ADMINISTRATIVE AND MANAGEMENT B
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14 ADMINISTRATIVE AND MANAGEMENT BO
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Name Date of Birth Other principal
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Clariden Leu and from 10 January 20
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Name Age Current Position Executive
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of Alea Europe from 1999 to 2006, w
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134 REMUNERATION AND BENEFITS
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15 REMUNERATION AND BENEFITS 15.1 A
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and analysts; deepening of the empl
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Subscription and share purchase opt
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Year 2011 Year 2010 Premium/ Gross
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144 BOARD PRATICES
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16 BOARD PRATICES 16.1 Date of expi
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148 EMPLOYEES
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17 EMPLOYEES 17.1 Number of employe
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17.2.2 STOCK OPTIONS HELD BY THE ME
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Options exercised Number of stock o
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Plan Share award rights Price per s
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180 of the Commercial Code, options
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(5) Absolute appliance of Group’s
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The following table shows the free
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Shareholders meeting and Company's
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and, for the not tax resident of Fr
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17.4.2 DEFINED BENEFITS PENSION SCH
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18.1 Significant shareholders known
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Distribution of capital (number of
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On 4 July 2012, Alecta Pensionsför
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19.1 Related party transactions 177
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Amendment #7 to the retrocession ag
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The Board of Directors of SCOR SE,
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absorption of its wholly owned subs
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to the Facility Agreement granted/w
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adjusted on the date of departure b
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188 FINANCIAL INFORMATION CONCERNIN
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20 FINANCIAL INFORMATION CONCERNING
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LIABILITIES AS AT 31 DECEMBER In EU
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20.1.3 CONSOLIDATED STATEMENTS OF C
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20.1.5 CONSOLIDATED STATEMENTS OF C
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20.1.6 NOTES TO THE CONSOLIDATED FI
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• Amendments to IAS 19 - Employee
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Intangible assets The cost of intan
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(e) Cash and cash equivalents Cash
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Impairment of financial assets At e
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available and the reserves are adju
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Shadow accounting For the measureme
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together with actuarial assumptions
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The following table sets forth the
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CASH FLOWS BY SEGMENT The cash flow
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SCOR recognised the redemption rece
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PRO FORMA STATEMENT OF INCOME 2011
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2009 In EUR million (1) Provisional
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The Group conducted its annual asse
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20.1.6.6 NOTE 6 - INSURANCE BUSINES
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(B) MOVEMENTS IN LEVEL 3 FINANCIAL
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Financial lease contracts The Group
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At 31 December 2012 and 2011, the u
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MORTALITY SWAPS On 1 January 2008,
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20.1.6.10 NOTE 10 - ASSUMED AND CED
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Issued share capital The number of
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CAPITAL MANAGEMENT POLICY, OBJECTIV
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Share-based payments The caption
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SCOR has entered into a cross-curre
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SCOR Global P&C The table below sho
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The table below is a reconciliation
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(C) SHARE OF RETROCESSIONAIRES IN C
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(c) Defined benefits pension cost 2
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The following table summarizes the
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The table below presents the change
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The performance conditions will be
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In 2010 the tax rate change impact
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Applying the deferred tax netting m
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These expenses are further allocate
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In the event of termination of the
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SIGNIFICANT SUBSIDIARIES, INVESTMEN
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20.1.6.25 NOTE 25 - COMMITMENTS REC
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and documented before the pricing i
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(iv) Pandemic In Life reinsurance,
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Page 278 and 279: (b) Receivables from retrocessionai
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Page 284 and 285: On the other hand, an increase in i
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Page 288 and 289: 20.2 Auditing of historical consoli
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Page 292 and 293: 21.1 Share capital 293 21.2 Charter
Page 294 and 295: Directors of SCOR SE decided on 28
Page 296 and 297: Number initially authorized (date o
Page 298 and 299: Objective 1. Stimulation of the sec
Page 300 and 301: 21.1.7 HISTORY OF THE COMPANY’S S
Page 302 and 303: Board of Directors’ borrowing pow
Page 304 and 305: maintained by BNP on our behalf. Ea
Page 306 and 307: Proxies may be granted by a shareho
Page 308 and 309: Shareholders’ Meeting that may ta
Page 310 and 311: 22 MATERIAL CONTRACTS None. 310
Page 312 and 313: 23.1 Expert’s report 313 23.2 Inf
Page 314 and 315: 314 DOCUMENTS ON DISPLAY
Page 316 and 317: 316 INFORMATION ON HOLDINGS
Page 318 and 319: 318 NON FINANCIAL INFORMATION
Page 320 and 321: 320 FEES PAID BY THE GROUP TO THE A
Page 322 and 323: 322 PUBLISHED INFORMATION
Page 324 and 325: 28 PUBLISHED INFORMATION 28.1 Infor
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Page 330 and 331: 1.1 Significant events of the year
Page 332 and 333: 1.2 Balance sheet 1.2.1 BALANCE SHE
Page 334 and 335: 1.3 Income statement In EUR million
Page 336 and 337: In EUR million NON-UNDERWRITING ACC
Page 338 and 339: 1.5 NOTES TO THE CORPORATE FINANCIA
Page 340 and 341: 1.7 RECORDING OF REINSURANCE TRANSA
Page 342 and 343: 1.12 FINANCIAL INSTRUMENTS RECEIVED
Page 344 and 345: Name Original currency Share capita
Page 346 and 347: NOTE 4 - TRANSACTIONS WITH SUBSIDIA
Page 348 and 349: (b) Financial liabilities • Initi
Page 350 and 351: • EUR 44 million in reserves for
Page 352 and 353: NOTE 10 - ANALYSIS OF GENERAL EXPEN
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Page 356 and 357: NOTE 15 - ANALYSIS OF COMMITMENTS G
Page 358 and 359: Appeal of Versailles. On the basis
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Page 362 and 363: 362 APPENDIX B: REPORT OF THE CHAIR
Page 364 and 365: APPENDIX B: REPORT OF THE CHAIRMAN
Page 366 and 367: Pursuant to the Internal Charter, t
Page 368 and 369: Lastly, Directors are required to i
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The Group SCOR consists of the pare
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Within this environment, control re
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organization, training sessions tar
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For SCOR Global Life: - an internal
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(D) INFORMATION AND COMMUNICATION
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• enhanced audit trail. The initi
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Other information We confirm that t
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APPENDIX C: GLOSSARY* *This glossar
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D DECENNIAL INSURANCE Decennial ins
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M MARINE AND AVIATION INSURANCE ALS
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RETROCESSION Transaction in which t
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elevant at the date of acquisition.
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1 Operating and financial review of
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1.2 Operating results of SCOR SE du
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3.2 Group social indicators 3.2.1 D
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As a global company organised into
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3.2.10 Distribution by age Indicato
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in cooperation with the company doc
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- The items pertain to the entire G
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• Two approaches have been develo
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POLLUTION AND WASTE MANAGEMENT Info
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BIODIVERSITY PROTECTION formation r
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The Group’s French subsidiaries a
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5.5 OTHER ACTIONS TAKEN IN SUPPORT
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7 STATUTORY AUDITORS’REPORT ON TH
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426 APPENDIX E: CROSS REFERENCE TAB
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European Company With a share capit
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