Partner Re buys non-French renewal rights of MCR
Partner Re has announced that it has signed a definitive agreement with the French Monceau Group effective July 1, 2007 to buy renewal rights for the international reinsurance business of Mutuelle Centrale de Reassurance (MCR), the reinsurance subsidiary of the Monceau Group.
The deal covers the reinsurance contracts with non-affiliated insurance companies outside of France. Partner Re said that after a strategic review the Monceau Group had decided to concentrate its
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