Posts Tagged
SCOR
Scor Acquires Aegon’s U.S. Life Reinsurance Business
Aegon in August 2018 sold the last block of its life reinsurance business to French reinsurer Scor Global Life. Aegon’s U.S. subsidiary Transamerica will reinsure an additional USD 700 million of liabilities through Scor Global Life. In December 2017, Aegon had agreed to divest USD 750 million of life reinsurance liabilities to Scor. It also dissolved a related captive insurance company. Technically, Aegon’s Transamerica life subsidiaries reinsured about half