Scor SE

Earnings Release • Jul 25, 2011

Press Release (p.1/2) 25 July 2011 N°23 – 2011

Co For further information, please contact: Jean-Charles Simon / Géraldine Fontaine +33 (0) 1 46 98 73 17 Communications and Public Affairs Antonio Moretti +44 (0) 203 207 85 62 Investor Relations Director

SCOR continues to deliver a strong performance with 22% premium growth and a 2% price increase at the midyear Non-Life renewal campaign

Treaty renewals for P&C and Specialty Lines deliver an excellent 22% growth, at constant exchange rates, on the EUR 320 million premium coming up for renewal at mid-year, with a weighted average price increase across all markets and all lines of business of slightly above 2.0%, meeting all internal profitability targets.

June-July renewals represent around 10% of the total annual treaty premium and the renewing premium is split between P&C Treaties (59.5%) and Specialty Lines (40.5%) in three geographical areas: Americas (43%), Asia (30%) and EMEA (27%).

P&C Treaties record 14.8% overall growth driven by Asia where the 23% premium increase has been achieved through the combination of increased shares and improved primary and reinsurance rates while the Nat Cat maximum exposure per market and peril have been kept stable. In Americas, the 13.6% growth stems from the US regional book thanks to the acquisition of new clients and the strengthening of existing relationships. The 10% growth in EMEA is mainly from new business and increased shares on existing portfolios in the Middle East and South Africa.

Specialty Lines show a strong 35% increase, one third of which is generated from one major step up in the business flow from one particular client. Credit & Surety (+37%), Marine & Offshore Energy (+15%) and Engineering (+6%) have benefited from the acquisition of new clients and increased shares on existing business.

The pricing momentum on Property Cat lines has become more marked beyond the markets affected by losses and has started to expand to Property Non-Cat lines. In this moving business environment, the price increase of US Cat exposed contracts varied between 10% to 15% in June and 5% to 10% in July.

Victor Peignet, CEO of SCOR Global P&C, comments: "The positive outcome of the mid-year renewals is proof that SCOR Global P&C is further enhancing its franchise with new and existing clients. SCOR Global P&C teams have once again demonstrated their excellent client relationship management skills to apply a prudent and disciplined underwriting policy and deploy the allocated resources to the businesses that offer expected technical profitability at or above their assigned targets."

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SCOR SE 1, av. du Général de Gaulle 92074 Paris La Défense Cdx France Tél + 33 (0) 1 46 98 70 00 Fax + 33 (0) 1 47 67 04 09 www.scor.com RCS Nanterre B 562 033 357 Siret 562 033 357 00020 Société européenne au capital de 1 478 740 032 euros

N ° 23 – 2011

Forward-looking statements

SCOR does not communicate "profit forecasts" in the sense of Article 2 of (EC) Regulation n°809/2004 of the European Commission. Thus, any forward-.looking statements contained in this communication should not be held as corresponding to such profit forecasts. Information in this communication may include "forward-looking statements", including but not limited to statements that are predictions of or indicate future events, trends, plans or objectives, based on certain assumptions and include any statement which does not directly relate to a historical fact or current fact. Forward-looking statements are typically identified by words or phrases such as, without limitation, "anticipate", "assume", "believe", "continue", "estimate", "expect", "foresee", "intend", "may increase" and "may fluctuate" and similar expressions or by future or conditional verbs such as, without limitations, "will", "should", "would" and "could." Undue reliance should not be placed on such statements, because, by their nature, they are subject to known and unknown risks, uncertainties and other factors, which may cause actual results, on the one hand, to differ from any results expressed or implied by the present communication, on the other hand.

Please refer to SCOR's document de référence filed with the AMF on 8 March 2011 under number D.11-0103 (the "Document de Référence"), for a description of certain important factors, risks and uncertainties that may affect the business of the SCOR Group. As a result of the extreme and unprecedented volatility and disruption of the current global financial crisis, SCOR is exposed to significant financial, capital market and other risks, including movements in interest rates, credit spreads, equity prices, and currency movements, changes in rating agency policies or practices, and the lowering or loss of financial strength or other ratings.

SCOR SE 1, av. du Général de Gaulle 92074 Paris La Défense Cdx France Tél + 33 (0) 1 46 98 70 00 Fax + 33 (0) 1 47 67 04 09 www.scor.com RCS Nanterre B 562 033 357 Siret 562 033 357 00020 Société européenne au capital de 1 478 740 032 euros