SCOR Enters Agreement with Japan Post Insurance on Policy Transfer and Reinsurance
SCOR has entered into a memorandum of understanding with Japan Post Insurance concerning the transfer of 'Postal Life Insurance Policies' and investment in a reinsurance vehicle created by the reinsurer.
Purpose of the Agreement Between the Two Insurers
The memorandum of understanding signed between SCOR and Japan Post Insurance encompasses two main aspects: the transfer of 'Postal Life Insurance Policies' and the investment by Japan Post Insurance in a reinsurance vehicle established by SCOR. This move is part of the French reinsurer's partnership strategy with key players in the Asian insurance market.