Sompo Japan Nipponkoa Holdings Inc. will buy a 15 percent stake in French reinsurer SCOR SE in potentially its biggest investment abroad amid diminishing opportunities for growth at home. The insurer will initially buy 7.8 percent from Swiss fund Patinex …
PartnerRe Ltd. jumped in New York trading after “Insurance Insider” reported that the reinsurer, which agreed last month to merge with Axis Capital Holdings Ltd., might draw bids from rivals to break up the deal. Alleghany Corp. and France’s SCOR …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of French reinsurer SCOR SE and its main subsidiaries. Best also affirmed the existing debt ratings …
