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World Insurance Report

Market questions benefits of Sorema purchase

France’s largest reinsurer, Scor, has confirmed it is in talks to buy Sorema, the main reinsurance business of fellow French company Groupama. Sorema is around a quarter the size of Scor – based on 1999 gross written premium figures from the Association des Réassureurs Français. An announcement on any deal is expected just before May.

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