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E.g., 08/11/20
E.g., 08/11/20
Press release Group

The SCOR group increases its shareholding in the capital of ReMark

SCOR Vie has signed a protocol agreement for the acquisition of ReMark Group B.V. (“ReMark”) shares held by Miklo Beheer B.V. (”Miklo”), for EUR 22.5 million subject to the usual conditions, thereby increasing its shareholding in the capital of ReMark, which has stood at 10.2% since 1994. Following this transaction, SCOR will hold 39.7% of ReMark’s capital and 40.2% of the voting rights.

Press release Group

The SCOR group obtains a licence in China

The SCOR Group is pleased to have received the approval of the China Insurance Regulatory Commission (CIRC) for a reinsurancev licence in China that will enable it to open a branch in Beijing with a view to conducting property & casualty reinsurance transactions.

Press release Group

AM BEST raises the SCOR Group rating to « A-, stable outlook »

SCOR is pleased with the decision by AM BEST to raise the rating of the Group and its subsidiaries from « B++, positive outlook» to « A-, stable outlook ». The rating of Revios, which had been placed under review with negative implications upon the announcement following its combination with SCOR, has been affirmed « A-, stable outlook ».

Press release Group

The European Commission gives its green light to the combination of SCOR and Revios

The completion of the combination of Revios (Revios Rückversicherung AG) and SCOR remains subject to receipt of regulatory authorizations from the insurance supervisory commissions (or the equivalent bodies) in 7 jurisdictions where the Group operates and also to the approval of the anti-trust authorities in 4 jurisdictions, particularly the European Union.