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Scor shuffles managers.

Scor has announced a reshuffle of its senior managers as part of a reorganisation of its group funct...

Scor has announced a reshuffle of its senior managers as part of a
reorganisation of its group functions into eight 'responsibility
centres'.


From next month, Jerry Karter will become vice-chairman of Scor US as he
prepares for retirement and Jerome Faure will move into the position of
president and chief executive.


Scor Italia's president and chief executive, Giuseppe Bianchi, also
nearing retirement, will become vice-chairman, making way for Umberto
Gavazzi.


In addition, a number of executives from Scor's worldwide network of
companies will be recalled to the group's Paris headquarters to head up
the new responsibility centres.


Yvan Besnard, managing director of Scor UK, will be responsible for
marketing and technical development. He will be replaced by Laurent
Thabault, who will become president and chief executive of the UK
subsidiary.


Dominique Lavallee, currently president and chief executive of Scor
Canada, is to head the risk management and control responsibility centre.
His replacement in Canada has yet to be announced.


- Scor separately announced estimated premiums of EUR781m ($708) for the
first quarter of 2000, representing a 3.4% increase on the same period in
1999. The company said growth has been affected by a $38m overestimate of
Scor US' 1999 premiums. Scor US made a post-tax loss of $30m in the first
quarter as a result of the overestimate, but expects to break even by
year-end.
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