Insurance Post

Scor establishes new Russian reinsurance subsidiary

Scor has said it will establish a fully-fledged composite Russian reinsurance subsidiary to continue to develop its life and non-life activities in the region, the French (re)insurer said in a statement.

Scor said it had deposited an application to obtain the respective licence to operate in 2009.

"The new status will enable the Group to further expand and deepen its franchise throughout the CIS

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