SCOR completes the acquisition of MutRé
SCOR has completed the increase of its stake in MutRé S.A. to 100%.
SCOR has completed the increase of its stake in MutRé S.A. to 100%. The finalization of this transaction took place as indicated in the Group’s press release of 17 July 2017.
The acquisition of MutRé, which will have an accretive impact on SCOR’s ROE and earnings per share, is in line with the strategic plan “Vision in Action” and its profitability and solvency targets.
This acquisition fully respects SCOR’s close historical relationships with its mutual insurance partners.
The acquisition of MutRé will enable SCOR, which has been a major technical and commercial partner of MutRé S.A. since the company was created in 1998, to strengthen its Life & Health reinsurance offering to the French mutual insurance industry.
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Developing long-term relationships with our clients throughout the world by offering them superior reinsurance products and services for over 40 years
Providing support and technical expertise to our clients to help them grow their business
“Vision in Action” is the sixth strategic plan drawn up and implemented by SCOR under the chairmanship of Denis Kessler