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Reinsurance market unaffected by BP Texas loss

Oil giant BP has confirmed to Reinsurance that the explosion and subsequent fire at its Texas City refinery on 23 March will be fully retained within the oil giant’s wholly-owned captive, Jupiter Insurance.

Scor returns to profit

Troubled French reinsurer Scor has announced that it made a return to profit in 2004 following several years of losses.

HSA and Healthsure merge

Andover-based HSA Group and Manchester-based HealthSure have announced the completion of arrangements for merging the two businesses.

Fitch upgrades SCOR

Fitch Ratings has upgraded SCOR group of companies to Insurer Financial Strength (IFS) 'BBB' from 'BB+'. The rating outlook remains stable.

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