SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
October 29, 2007
SCOR Holding (Switzerland) Ltd
(Translation of registrant's name into English)
General Guisan-Quai 26
P.O. Box, CH-8022
Zurich, Switzerland
(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 whether the registrant by furnishing the information
contained in this Form 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): Not Applicable.
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News release
Zurich, Switzerland - October 22, 2007 - SCOR Holding (Switzerland) Ltd.
discontinues publishing quarterly financial information with immediate effect
As a result of the acquisition of SCOR Holding (Switzerland) Ltd. (formerly
Converium Holding Ltd.) by the SCOR Group, SCOR Holding (Switzerland) Ltd. will
discontinue publishing quarterly financial information with immediate effect.
SCOR Holding (Switzerland) Ltd. will continue to comply with all applicable
mandatory legal and regulatory disclosure obligations until the delisting of its
shares from the SWX Swiss Exchange and of its American Depositary Shares from
the New York Stock Exchange and the deregistration of its securities and
termination of its reporting requirements under the US Securities Exchange Act
of 1934.
SCOR Holding (Switzerland) Ltd. has been notified by SCOR SE ("SCOR") that the
SCOR Group now holds over 98% of the voting rights of SCOR Holding (Switzerland)
Ltd. 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 accordance with article 33 of the Swiss Stock Exchanges and
Securities Trading Act.
Following the acquisition of SCOR Holding (Switzerland) Ltd. (formerly Converium
Holding Ltd.) by the SCOR Group, Roland Imfeld was named the new Head of Human
Resources for the Zurich hub. Christiane Bisanzio, former Head of Human
Resources, leaves the company with immediate effect. Jakob Eugster, previously
Executive Vice President for Standard Property & Casualty Reinsurance, also
leaves the company with immediate effect.
Enquiries
Communications Marco Circelli
Phone: +41 44 639 90 22 Head of Investor Relations
Fax: +41 44 639 70 22 mcircelli@scor.com
Phone: +41 44 639 91 31
Fax: +41 44 639 71 31
Inken Ehrich
Investor Relations Specialist
iehrich@scor.com
Phone: +41 44 639 90 94
Fax: +41 44 639 70 94
Converium Holding (Switzerland) Ltd.
Converium Holding (Switzerland) Ltd. is a subsidiary of SCOR SE and is based in
Zurich, Switzerland. The Company has an "A-" ("strong") financial strength
rating (outlook stable) from Standard & Poor's and a "A-" ("excellent")
financial strength rating (outlook stable) from A.M. Best Company.
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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.
Dated October 29, 2007
SCOR Holding (Switzerland) Ltd
(Registrant)
By: /s/ Benjamin Gentsch
Name: Benjamin Gentsch
Title: Chief Executive Officer
SCOR Holding (Switzerland) Ltd
(Registrant)
By: /s/ Chris Wing
Name: Chris Wing
Title: Chief Financial Officer
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