SCOR henceforth holds a majority stake in AgroBrasil, a leading Brazilian group specialising in agricultural insurance . This acquisition marks an important step in the strategy of the French reinsurer's Specialty Insurance*.
The team of AgroBrasil team will remain unchanged, Laura Neves, Chief Executive Officer , will also join the board of ESSOR Seguros, a Brazilian insurance company wholly owned by SCOR since 2018.
*Specialty Insurance consists of three units:
- SCOR Business Solutions
- The Channel Syndicate (Lloyd's syndicate fully owned by SCOR)
- Managing General Agents (MGAs)
Read also | SCOR Global P&C: results 2019 [4]