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SCOR Acquires Altarea’s Stake in MRM

Stock price chart of SCOR (EPA:SCR) showing fluctuations.

SCOR has announced the acquisition of Altarea's stake in MRM. This move marks a significant step for the leading global reinsurer. Following the acquisition, SCOR intends to file a simplified public tender offer. This strategy aligns with SCOR's expansion goals and its commitment to offering a diverse range of reinsurance and insurance solutions.

SCOR generated premiums of EUR 19.4 billion in 2023, serving clients in approximately 160 countries through its 35 offices worldwide. The company applies its expertise in "The Art & Science of Risk" to manage and control risks efficiently. This acquisition further solidifies SCOR's position in the market.

Further details can be found on SCOR's official website. All content published by SCOR since January 1, 2024, is certified with Wiztrust for authenticity verification.

R. H.

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