Scor : SCOR: Combined Shareholders' Meeting of 25 April 2013

         Scor : SCOR: Combined Shareholders' Meeting of 25 April 2013

Press Release
20 March 2013 



For more information, please contact:
Jean-Charles Simon / Géraldine Fontaine +33 (0) 1 58 44 75 58
Communications and Public Affairs

Antonio Moretti  +33 (0) 1 58 44
77 15
Investor Relations Director


Combined Shareholders' Meeting of 25 April 2013

The shareholders of SCOR SE are  hereby informed that the annual ordinary  and 
extraordinary Shareholders' Meeting will  take place at  10:00 on Thursday  25 
April 2013 at the Group's headquarters:

5, avenue Kléber
75795 Paris cedex 16

> The  corresponding  notice of  meeting  is  published in  the  Bulletin  des 
Annonces Légales Obligatoires of 20 March 2013 and contains the agenda and the
draft text of the resolutions due to be submitted to a shareholder vote.

Holders of bearer shares should  ask their financial intermediaries for  proxy 
and distance voting  forms. Holders  of registered shares  will receive  these 
forms with their convening notice.

Information relating to  this Meeting may  be consulted on  SCOR's website  at 
www.scor.com under the "Investors/Annual General Meetings" section.

Shareholders may also obtain the preparatory documents for the Meeting  within 
the legally  authorised period  from SCOR's  website or  on request  from  the 
Investor Relations department (actionnaires@scor.com).

> The proposed dividend for 2012 is EUR 1.20 per share, fully payable in cash.
Subject to the approval of the Meeting, the ex-dividend date will be set at 30
April 2013 and the dividend will be paid on 3 May 2013.

> The appointments of four out of the twelve directors sitting on the Board of
Directors, as well as  that of the non-voting  director (censeur), will  reach 
their term during the course of the next General Shareholders' Meeting.

In this context, further to a  proposal from the Compensation and  Nominations 
Committee, the Board of Directors pursues the guidelines adopted in 2011  with 
a view  to the  renewal of  the appointments.  All Directors  agreed upon  the 
necessity to maintain the Board with a reduced size, to have more female board
members, to continue the efforts made to  reduce the average age and to  favor 
increased internationalization  and diversification  of skills,  while at  the 
same time maintaining a preponderance of independent directors (as assessed by
the Compensation and Nominations Committee in accordance with the criteria set
by the Internal Operating Rules of the Board of Directors on the basis of  the 
recommendations set out in the  AFEP-MEDEF Corporate Governance Code, i.e.  11 
independent directors out of 13 in the new configuration being proposed.)

These principles have therefore governed the choice of candidate directors who
have moreover been, with regard to  the Company's activity, the subject of  an 
assessment concerning their knowledge, skills and experience, of their  merits 
and of their independence, all qualities that are necessary for the holding of
this office.

In addition,  further to  a  proposal from  the Compensation  and  Nominations 
Committee, the Board of  Directors has decided not  to propose the renewal  of 
the appointment of the non-voting director (censeur).

In this  context, the  Board  is asking  shareholders  to make  the  following 
appointments and approve the following renewals of appointments:

  oGérard Andreck

It is proposed to renew the appointment of Gérard Andreck as a director of the
Company  for  a  term  of  2  years,  expiring  at  the  end  of  the  General 
Shareholders' Meeting called to vote on the accounts for the fiscal year ended
December 31, 2014.

Gérard Andreck, a French citizen, has  been Chairman of the MACIF Group  since 
June 2006. Mr. Andreck has a deep interest in the mutual company and insurance
sector, and he served as President  of CJDES (Centre des Jeunes Dirigeants  de 
l'Economie Sociale) from 1991 to 1993. In June 1997, he became Chief Executive
Officer of MACIF  and second-in-command  to the then  Chairman Jean  Simonnet. 
Gérard Andreck was instrumental  in the development  of the close  partnership 
between Caisses  d'Epargne,  Macif  and  Maif in  October  2004,  and  he  was 
appointed Chairman  of  the  Management  Board of  the  holding  company  that 
formalized this  partnership  in  November  2005. On  July  1,  2008,  he  was 
appointed Chairman of the  Groupement des Entreprises Mututelles  d'Assurances 
(GEMA) for three years  and became President of  the Conseil des  Entreprises, 
Employeurs et Groupements de  l'Economie Sociale (CEGES) on  May 12, 2009.  In 
October 2010,  he  was  appointed  to the  Conseil  Economique  et  Social  et 
Environnemental (CESE).

Gérard Andreck was first appointed director of the Company in 2008.

  oCharles Gave

It is proposed to renew the appointment  of Charles Gave as a director of  the 
Company  for  a  term  of  2  years,  expiring  at  the  end  of  the  General 
Shareholders' Meeting called to vote on the accounts for the fiscal year ended
December 31, 2014.

Charles Gave, a French citizen, has been researching tactical asset allocation
for over forty years. In 1974, after  three years as a financial analyst in  a 
French investment bank, Charles created CECOGEST, an independent research firm
through which he serviced a wide portfolio of clients across the world for  12 
years. In 1986,  Charles Gave  stepped away from  pure research  to move  into 
money management: he co-founded Cursitor-Eaton  Asset Management where he  was 
in charge  of  investment  policy  and managed  over  10  billion  dollars  of 
institutional money on a global asset allocation mandate. Cursitor was sold in
1995 to Alliance Capital which Charles finally left in 1998 to create GaveKal,
where he currently serves as Chairman. Today,  he is a member of the Board  of 
Directors of Marshall-Wace and Grace  Financial. Charles Gave will  strengthen 
the Board's skills in terms of  knowledge of financial markets, and will  also 
provide in-depth  expertise  on  Asian markets,  thanks  to  his  professional 
activity which is today divided between Europe and Hong Kong.

Charles Gave was first appointed as a director of the Company in 2011.

  oAndreas Brandstetter

It is proposed to  appoint Andreas Brandstetter as  a director of the  Company 
for a  term of  2 years,  expiring at  the end  of the  General  Shareholders' 
Meeting called to vote on the accounts for the fiscal year ended December  31, 
2014.

Andreas Brandstetter,  an Austrian  citizen, was  a member  of the  Management 
Board of UNIQA Versicherungen AG from 2002 to 2011.
Since 2011, he has been  the Chairman of the  Management Board and Manager  of 
UNIQA, Chief Executive Officer of Austria Versicherungsverein  Privatstiftung, 
a member  of the  Management Board  of PEIF  (Pan European  Insurance  Forum), 
Deputy Manager of the banking and insurance division of the Austrian  Economic 
Chamber, and  a member  of  Management Board  of  the Federation  of  Austrian 
Industry.

  oThierry Derez

It is proposed to  appoint Thierry Derez  as a director of  the Company for  a 
term of 4  years, expiring  at the end  of the  General Shareholders'  Meeting 
called to vote on the accounts for the fiscal year ended December 31, 2016.

Thierry Derez, a  French citizen,  was a  lawyer practicing  in Paris,  before 
joining the insurance group  AM-GMF in 1995, first  as Deputy Chief  Executive 
Officer of GMF and then as Chairman and Chief Executive Officer of  Assurances 
Mutuelles de France and  of GMF in  2001 and as  Chairman and Chief  Executive 
Officer of the group AZUR-GMF in September 2003.
He is currently Chairman of the Board of Directors of Assurances Mutuelles  de 
France, of GMFAssurances and Chairman and Chief Executive Officer of  Garantie 
Mutuelle des Fonctionnaires (GMF).
He was appointed as  director of MAAF Assurances  in November 2004 and  became 
its Chairman and Chief Executive Officer in June 2005.
Since June 2007, he  has been the  Chairman of the Board  of Directors of  MMA 
IARD AssurancesMutuelles, MMA  IARD, MMA Assurances  Mutuelles and MMA  Mutual 
Life.
Since 2008, he has been Chairman and Chief Executive Officer of Covéa.

  oKory Sorenson

It is proposed to  appoint Kory Sorenson  as a director of  the Company for  a 
term of 2  years, expiring  at the end  of the  General Shareholders'  Meeting 
called to vote on the accounts for the fiscal year ended December 31, 2014.

Kory Sorenson, a  British citizen,  born in the  United States,  has made  her 
career in  finance,  devoting  the  last  fifteen  years  exclusively  to  the 
management  of  capital   and  risk   in  insurance   companies  and   banking 
institutions. More recently, she has offered consulting services in the  field 
of insurance.  Until  the  end of  2010  she  held the  position  of  Managing 
Director, Head of  Insurance Capital  Markets at Barclays  Capital in  London, 
where her team  has conducted  innovative transactions  in capital  management 
such as the  launch of the  first private and  renewable securitizations.  She 
also conducted  mergers  and acquisitions,  as  well as  equity  transactions, 
hybrid capital and coverage for major insurance companies. She previously  led 
the team  in charge  of the  financial markets  specializing in  insurance  at 
Credit Suisse and the team in charge of debt markets in financial institutions
at Lehman Brothers  in Germany,  Austria and  the Netherlands.  She began  her 
career in investment banks  at Morgan Stanley and  in the financial sector  at 
Total SA.

She speaks French  fluently and  holds a  Masters from  the Institut  d'Etudes 
Politiques de Paris,  a Masters in  Applied Economics from  the University  of 
Paris Dauphine and a BA in Political Science and Econometrics with honors from
the American University in Washington DC.

  oFields Wicker-Miurin

It is proposed to  appoint Fields Wicker-Miurin as  a director of the  Company 
for a  term of  2 years,  expiring at  the end  of the  General  Shareholders' 
Meeting called to vote on the accounts for the fiscal year ended December  31, 
2014.

Fields Wicker-Miurin, an American and  British citizen, studied in France,  at 
the Institut d'Etudes Politiques  de Paris and then  in the United States  and 
Italy. She  graduated  from  the  University of  Virginia  and  Johns  Hopkins 
University. Fields Wicker-Miurin began her banking career at the  Philadelphia 
National Bank,  for  which  she  opened the  Luxembourg  office  and  expanded 
activities in Benelux,  Italy, Greece and  Turkey. She then  joined the  Group 
Strategic Planning Associates (Mercer Management Consulting) before  becoming, 
in 1994, Chief  Financial Officer  and Head of  Strategy of  the London  Stock 
Exchange. In  2002, she  was one  of  the founders  of Leaders'  Quest,  whose 
activity  is  to  organize  programs   to  exchange  experiences  that   allow 
international leaders from all sectors to meet actors from business and  civil 
society in emerging countries. In 2007, she received the Order of the  British 
Empire, she was a member  of the Nasdaq Technology  Advisory Council and of  a 
panel of experts on the harmonization  of financial markets with the  European 
Parliament.
She  is  also  a  director  of  BNP  Paribas,  CDC  Group  Plc  and  Ballarpur 
International Graphic Paper Holdings.

                                      *

                                 * *



Forward-looking statements
SCOR does not communicate "profit forecasts" in the sense of Article 2 of (EC)
Regulation n°809/2004 of  the European Commission.  Thus, any  forward-looking 
statements contained in this communication should not be held as corresponding
to such  profit  forecasts.  Information in  this  communication  may  include 
"forward-looking statements", including but not limited to statements that are
predictions of or indicate future  events, trends, plans or objectives,  based 
on certain  assumptions and  include  any statement  which does  not  directly 
relate to a historical  fact or current  fact. Forward-looking statements  are 
typically  identified  by  words  or  phrases  such  as,  without  limitation, 
"anticipate",   "assume",   "believe",   "continue",   "estimate",   "expect", 
"foresee",  "intend",  "may   increase"  and  "may   fluctuate"  and   similar 
expressions or by future  or conditional verbs  such as, without  limitations, 
"will", "should", "would" and "could." Undue reliance should not be placed  on 
such statements,  because, by  their nature,  they are  subject to  known  and 
unknown risks,  uncertainties  and  other  factors,  which  may  cause  actual 
results, on the one hand, to differ  from any results expressed or implied  by 
the present communication, on the other hand.
Please refer to SCOR's  Document de référence  filed with the  AMF on 6  March 
2013 under number D.13-0106 (the  "Document de référence"), for a  description 
of certain  important factors,  risks and  uncertainties that  may affect  the 
business of  the SCOR  Group. As  a result  of the  extreme and  unprecedented 
volatility and  disruption of  the current  global financial  crisis, SCOR  is 
exposed to significant  financial, capital market  and other risks,  including 
movements in  interest  rates, credit  spreads,  equity prices,  and  currency 
movements, changes in rating agency policies or practices, and the lowering or
loss of financial strength or other ratings.
The Group's  financial  information is  prepared  on  the basis  of  IFRS  and 
interpretations issued  and approved  by the  European Union.  This  financial 
information does not constitute a set  of financial statements for an  interim 
period as defined by IAS 34 "Interim Financial Reporting".







SCOR Press Release

------------------------------------------------------------------------------

This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Scor via Thomson Reuters ONE
HUG#1686840
 
Press spacebar to pause and continue. Press esc to stop.