Rochester, NY 8/25/2009 5:35:55 PM
UltraShort DJ-AIG Crude Oil ProShares SCO, and the Award goes to SCOR
UltraShort DJ-AIG Crude Oil ProShares SCO
‘Atlas V’ brings SCOR to win “Catastrophe Risk Transaction of the Year" by the Environmental Finance. Environmental Finance is a monthly industry magazine covering the ever-increasing impact of environmental issues on the lending, insurance, investment and trading decisions affecting industry.
Environmental Finance magazine, the leading monthly industry magazine in the country, awards the “Catastrophe Risk Transaction of the Year". Emmanuel Durousseau, Head of Retrocession Management, and Augustin Gas, Head of ILS and Alternative Retrocession, all from SCOR pioneered the Atlas V transaction. Atlas V Capital Limited ("Atlas V") and catastrophe ("CAT") provides protection of USD 200 million of protection for exposures to earthquakes and hurricanes in the USA and Puerto Rico.
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