A.M. Best s'exprime ? propos de SCOR

Presse économique

OLDWICK, New Jersey -- (BUSINESS WIRE) -- June 22, 2005 -- A.M. Best Co. a déclaré que la notation de SCOR (Paris) était restée inchangée suite à l’annonce de l’augmentation de capital lancée ce jour par la société par le biais d’une émission de 130 millions de nouvelles actions SCOR.

A.M. Best Comments on SCOR

Business Editors

OLDWICK, N.J.--(BUSINESS WIRE)--June 22, 2005--A.M. Best Co. has commented that the ratings of SCOR (Paris) remain unchanged following today's announcement that the company has launched a capital increase through the issuance of 130 million new SCOR shares.

The greater part of this share issue will be used to refinance the acquisition of the remaining shares of IRP Holdings Limited (IRP).

The potential net positive balance after refinancing IRP will have a modest positive impact on risk-adjusted capitalisation.

SCOR's ratings continue to reflect its very good risk-adjusted capitalisation, improving earnings and the potential for volatility in its reserves. For Best's Ratings, an overview of the rating process and rating methodologies, please visit http://www.ambest.com/ratings.

A.M. Best Co., established in 1899, is the world's oldest and most authoritative insurance rating and information source.

For more information, visit A.M. Best's Web site at http://www.ambest.com.

CONTACT:

A.M. Best Co. Public Relations: Jim Peavy, +(1) 908 439 2200, ext. 5644

[email protected]

or Rachelle Striegel, +(1) 908 439 2200, ext. 5378

[email protected]

or Analysts: Miles Trotter, +(44) 20 7626 6264

[email protected]

or Jose Sanchez-Crespo, +(44) 20 7626 6264

[email protected]

KEYWORD: NEW JERSEY FRANCE INTERNATIONAL EUROPE

INDUSTRY KEYWORD: INSURANCE BANKING

SOURCE: A.M. Best Co.