Scor pays €31.7m for €22.1m premium income reinsurer
French reinsurer Scor has bought XL Re Life America for €31.7m cash in a self-financed operation, Dow Jones reports.
Scor Global Life US has definitive agreement to acquire XL Re Life America from XL Capital with the transaction expected to close on 30 September, subject to regulatory approval.
In 2008, XL Re Life America made €22.1m in premium income from traditional mortality business that includes yearly renewable terms as well as coinsurance.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
