4.4 Legal risk - Scor

Appeal of Versailles. On the basis of the two directors and officers insurance policies in excess coverage, SCOR also
commenced two distinct procedures on 10 January 2012 and 22 June 2012 before the Commercial Court of Nanterre
and the Commercial Court of Paris against two insurance companies with respect to the recovery of the attorneys’ fees
and costs and a portion of the settlement amount relating to the litigation with Highfields Capital LTD, Highfields Capital
I LP and Highfields Capital II LP covered by its excess policies. All of the proceedings are ongoing.
SCOR and its subsidiaries are involved in legal and arbitration proceedings from time to time in the ordinary course of
their business. Nevertheless, other than the proceedings mentioned above, to the knowledge of SCOR, as at the date of
the financial statements herein, there are no other litigation matters likely to have a material impact on the financial
position, business or operating income of SCOR.
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