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4.4 Legal risk - Scor

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The following tables set forth the Group’s gross written premiums by geographic region as well as certain assets and<br />

liabilities for the financial years ended 31 December 2012, 2011, and 2010.<br />

GROSS WRITTEN PREMIUMS BY GEOGRAPHIC REGION<br />

The distribution by geographic region, based on subsidiary location, is as follows:<br />

FOR THE YEAR ENDED 31 DECEMBER<br />

SCOR Global Life<br />

SCOR Global P&C<br />

In EUR million 2012 2011 2010 2012 2011 2010<br />

Gross written premiums 4,864 3,620 3,035 4,650 3,982 3,659<br />

Europe 2,633 2,264 2,241 3,033 2,653 2,518<br />

Americas 1,986 1,271 725 867 721 691<br />

Asia Pacific / Rest of world 245 85 69 750 608 450<br />

The distribution by geographic region, based on the location of the ceding company for treaty business and location of the<br />

insured for facultative business, is as follows:<br />

FOR THE YEAR ENDED 31 DECEMBER<br />

SCOR Global Life<br />

SCOR Global P&C<br />

In EUR million 2012 2011 2010 2012 2011 2010<br />

Gross written premiums 4,864 3,620 3,035 4,650 3,982 3,659<br />

Europe 1,716 1,686 1,660 2,265 2,023 1,912<br />

Americas 2,462 1,393 913 1,235 983 910<br />

Asia Pacific / Rest of world 686 541 462 1,150 976 837<br />

The increase of gross written premiums of SCOR Global Life in 2012 is mainly due to the acquisition of the mortality<br />

reinsurance business of Transamerica Re which was completed on 9 August 2011.<br />

ASSETS AND LIABILITIES BY SEGMENT<br />

Key balance sheet (1) captions by segment are split as follows:<br />

SCOR<br />

Global<br />

Life<br />

AS AT 31 DECEMBER<br />

2012 2011<br />

SCOR<br />

SCOR SCOR<br />

Global<br />

Global Global<br />

P&C Total Life P&C<br />

In EUR million<br />

Total<br />

Goodwill 45 743 788 45 743 788<br />

Value of business acquired 1,031 - 1,031 1,069 - 1,069<br />

Insurance business investments 8,771 12,343 21,114 8,615 11,533 20,148<br />

Cash and cash equivalents 680 786 1,466 576 705 1,281<br />

Share of retrocessionaires in insurance and<br />

investment contract liabilities 539 783 1,322 402 849 1,251<br />

Total assets 13,556 19,034 32,590 13,265 18,054 31,319<br />

Contract liabilities (11,153) (12,681) (23,834) (11,044) (12,263) (23,307)<br />

(1) Amounts presented above represent specific balance sheet line items reviewed at the segment level, as such some balance sheet items are excluded from this table.<br />

ASSETS AND LIABILITIES BY GEOGRAPHIC REGION<br />

Assets and liabilities by geographic region are based on the location of the subsidiary.<br />

North<br />

America<br />

AS AT 31 DECEMBER<br />

2012 2011<br />

Asia and<br />

rest of the<br />

North<br />

world Total Europe America<br />

Asia and<br />

rest of the<br />

world<br />

In EUR million<br />

Europe<br />

Total<br />

Insurance business<br />

investments 17,764 2,752 598 21,114 16,056 3,578 514 20,148<br />

Share of<br />

retrocessionaires in<br />

insurance and<br />

investment contract<br />

liabilities 1,028 285 9 1,322 1,196 49 6 1,251<br />

Total assets 27,150 3,445 1,995 32,590 25,177 4,378 1,764 31,319<br />

Contract liabilities (18,636) (3,547) (1,651) (23,834) (17,552) (4,250) (1,505) (23,307)<br />

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