SCOR Switzerland ceases quarterly accounts ahead of delisting

Europe

SCOR Holding (Switzerland) Ltd, formerly Converium Holding Ltd, will cease to publish quarterly financial information following its acquisition by the SCOR Group. SCOR Holding Switzerland said it will continue to comply with all legal and regulatory disclosure requirements until its shares are delisted from the SWX Swiss Exchange and of its American Depsoitary Shares from the New York Stock Exchange. SCOR Holding Switzerland has been notified by SCOR SE that the SCOR Group now holds over 98% of the voting rights of SCOR Holding Switzerland and was informed by SCOR of its intention to file a cancellation action in respect of the remaining shares of SCOR Holding (Switzerland) Ltd not owned by the SCOR Group. In personnel changes, Roland Imfeld has been named the new head of human resources for the Zurich hub to replace Christiane Bisanzio, who leaves the company with immediate effect. Jakob Eugster, previously executive vice president for standard property & casualty reinsurance, also leaves the company with immediate effect.