Japan Post Insurance and SCOR signed a memorandum of understanding for the cession/retrocession of Postal Life Insurance Policies and an investment into a SCOR-created reinsurance vehicle (SCOR Japan Post Insurance Co.). No deal size or financial terms were provided in the release, but the agreement signals an incremental step in transferring/reinsuring portfolio risk.
Japan Post Insurance and SCOR signed a memorandum of understanding for the cession/retrocession of Postal Life Insurance Policies and an investment into a SCOR-created reinsurance vehicle (SCOR Japan Post Insurance Co.). No deal size or financial terms were provided in the release, but the agreement signals an incremental step in transferring/reinsuring portfolio risk.
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mildly positive
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0.15
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