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SCOR buys up Revios

French reinsurer SCOR has bought up Revios for €605m. It plans to combine Revios with SCOR Vie, creating SCOR Global Life and in the process becoming the fourth largest life reinsurer in the world.

Link and Zenith to 'streamline' the business

Motor insurers Link and Zenith have announced they are to start a review programme across their entire range of products, following the acquisition of Rubicon Insurance Solutions Limited’s Maidstone operation.

AA acquires rival broker

AA Insurance Services has agreed terms this morning to Taylor Price & Co, which trades as Direct Choice Insurance.

Rating agency voices concern over Lloyd's transparency

The level of disclosure prescribed under Lloyd's much-maligned previous accounting and reporting regime is considered superior to that mandated under the Companies Act and generally accepted accounting principles, according to Standard and Poor's. These…

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