SCOR expands ILS business with acquisition of Coriolis Capital

Ridhima Sharma
clock • 1 min read

SCOR Investment Partners has signed an agreement to acquire 100% of the capital of UK based fund manager Coriolis Capital to expand Insurance-Linked Securities (ILS) unit. Subject to regulatory approval, Coriolis Capital will become a fully owned subsidiary of SCOR Investment Partners, with the transaction due to be finalised in the second half of 2019. With this first acquisition, SCOR Investment Partners is entering an important new phase in its development and expanding its capacity ...

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