Scor SE (SCOR.PA)
22 Mar 2019
Wed, Feb 20 2019
* CEO Kessler reiterates Scor plans to stay independent (Adds details on loss in fourth quarter)
PARIS, Feb 20 French reinsurer Scor, which was the target of a thwarted acquisition by rival Covea last year, said on Wednesday that its net profit in 2018 soared despite frequent and severe natural disasters in the second half of the year.
PARIS French reinsurer Scor's Chief Executive Denis Kessler promised on Tuesday to release a strategic plan that would set new targets for the company, in a move to assuage an activist fund that questioned his role in a failed takeover process.
* Scor to release strategic plan (Adds reaction from CIAM's president in paragraphs 8-9)
PARIS, Feb 5 French reinsurer Scor's Chief Executive Denis Kessler said on Tuesday that criticism made by activist fund CIAM over his handling of a merger proposal constituted slander.
PARIS French reinsurer Scor is suing rival Covea and its chief executive for breach of trust after Covea announced it had abandoned plans for a friendly takeover of Scor.
* Scor shares drop 11 pct, erasing almost all gains since August
PARIS, Jan 29 French insurer Covea denied on Tuesday the allegations made by re-insurer Scor, which accused Covea and its Chief Executive of breach of trust.
PARIS French reinsurer Scor said on Tuesday that it would sue rival Covea and its Chief Executive Thierry Derez for announcing it had abandoned merger plans during market hours.
PARIS Thierry Derez, chief executive of Covea, has resigned from the board of rival Scor , which rejected a takeover bid from the French cooperative insurer, the companies said on Tuesday.