The South African authorities have granted license to Scor to establish a reinsurance subsidiary company in Johannesburg. The representation office owned by the French reinsurer in the economic capital of South Africa will be turned into a full-swing subsidiary company Scor Africa Limited will be run by Terry Ray, assisted by Mohamed Motala for the non-life business The head of life activities shall be soon appointed. Scor Africa Limited will be underwriting in African English and Portuguese-speaking countries.