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FORM 6-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Section 13a-6 or 15d-16
of the Securities Exchange Act of 1934
For the month of: December 2004
001-14518
(Commission File Number)
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SCOR
(Translation of registrant's name into English)
1, Avenue du General de Gaulle
92074 Paris-La Defense Cedex, France
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F |X| Form 40-F |_|
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by regulation S-T Rule 101(b)(1); |_|
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by regulation S-T Rule 101(b)(7); |_|
Indicate by check mark whether by furnishing the information contained
on this Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes |_| No |X|
If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-_____.
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On September 28, 2004 and November 4, 2004 SCOR issued press releases
with respect to (i) SCOR's estimate of the cost of the hurricanes in the United
States and in the Caribbean and (ii) SCOR Group Results at September 30, 2004
prepared in accordance with French GAAP, respectively. Copies of the press
releases are attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively, and
are incorporated herein by reference.
CAUTIONARY STATEMENT WITH RESPECT TO FORWARD-LOOKING STATEMENTS
The exhibits incorporated by reference herein, as well as oral
statements that may be made by us or by officers, directors or employees acting
on behalf of SCOR related to such exhibits contain statements that constitute
"forward-looking statements" within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995, specifically Section 27A of the U.S. Securities
Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of
1934, as amended. All such statements, other than statements of historical
facts, are "forward-looking statements," including, without limitation,
statements relating to the future outcome of the World Trade Center litigation
and the amount of indemnification determined in that proceeding; the
implementation of Scor's "Moving forward" plan; the implementation of strategic
initiatives, including the update of information systems; changes in premium
revenues; changes in the balance of lines and class of business; the development
of revenues overall and within specific business areas; the development of
expenses; the direction of insurance and reinsurance rates and, the demand for
reinsurance products and services; the market risks associated with interest and
exchange rates and equity markets; and other statements relating to SCOR's
future business development and economic performance.
The words "anticipate", "believe", "expect", "estimate", "intend",
"plan" "may", "will", "should" and similar expressions identify certain of these
forward-looking statements although the absence of such words does not
necessarily mean that a statement is not forward-looking. Readers are cautioned
not to put undue reliance on forward-looking statements because actual events
and results may differ materially from the implied or expected results described
by such forward-looking statements. Many factors may influence SCOR's actual
results and cause them to differ materially from the implied or expected results
as described in such forward-looking statements, including, without limitation,
the outcome of the U.S. legal proceedings after the conclusion of all appeals
and the allocation of liability, amount of damages and amount of indemnification
ultimately allocated to SCOR and its affiliates in the U.S. legal proceedings
related to the World Trade Center litigation at the conclusion of such
proceedings; the frequency and severity of insured loss events, including
natural and man-made catastrophes, terrorist attacks and environmental and
asbestos claims; mortality and morbidity levels and trends; the underwriting
results of primary insurers; the accuracy and overall quality of information
provided to us by primary insurance companies with which we transact,
particularly regarding their reserve levels; the availability of and terms under
which we are able to enter into retrocessional arrangements; the state of the
reinsurance brokerage market; persistency levels; interest rate levels; currency
exchange rates, including the euro - U.S. dollar exchange rate; economic trends
in general; global debt and equity markets performance; increasing levels of
competition in France, Europe, North America and other international reinsurance
markets; ratings downgrades; changes in laws, regulations and case law; general
competitive factors, in each case on a global, national and/or regional basis;
the risks identified in "Item 3.D - Risk Factors" of SCOR's most recent annual
report on Form 20-F filed with the U.S. Securities Exchange Commission (the
"SEC") and its other filings with the SEC and other matters not yet known to
SCOR or not currently considered material by SCOR.
All forward-looking statements attributable to SCOR, or persons acting
on its behalf, are qualified in their entirety by these cautionary statements.
SCOR disclaims any intention or obligation to update and revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.
Exhibit Description
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99.1 Press Release, dated September 28, 2004, issued by SCOR relating
to SCOR's estimates of the cost of the hurricanes in the United
States and in the Caribbean to be Euros 22.5 Million, on a gross
basis and before taxes.
99.2 Press Release, dated November 4, 2004, issued by SCOR relating
to SCOR's Group Results at September 30, 2004 prepared in
accordance with French GAAP.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
SCOR
By: /s/ Marcel Kahn
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Name: Marcel Kahn
Title: Chief Financial Officer
Date: December 21, 2004