Scor, life insurance growing in the United States
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The reinsurer’s own resources will be used to achieve this acquisition with possible recourse to limited debt issuance. Thanks to this move, which will be subject to the approval of American authorities, Scor is poised to become the first life reinsurer in the United States. In 2012, Generali US generated a volume of net premiums of 900 million USD, totally made on the American soil. Following this integration, the portfolio of Scor group will be made up of 55% of life business and 45% of non life.
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Wed, 24/07/2013 - 08:51
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