Scor Group

It took a change in chief executive and two strategic plans, one of two years duration (the “Back on Track” plan) and another of three years duration (the “Moving Forward” plan), for the company to regain a sense of its former confidence as well as its financial strength ratings

Like most global reinsurers, the French group Scor delivered significantly better results in 2006 than it had done in previous years. The company reported a net profit of €306.0mn, an increase of 133.6% over 2005.