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International

Ukraine: Insurer Nova launches obligatory reinsurance program with Scor as partner

September 17, 2014 Reprints

Ukrainian insurer JSC Nova has launched a new obligatory reinsurance program for property, engineering and transportation risks, Forinsurer reports.

French reinsurer Scor S.E. is acting as a partner for the program. Nova will also receive assistance from broker Willis Polska S.A. The program's reinsurance capacity for property risks is 45 million Ukrainian hryvnias ($3.5 million), while that for cargo/luggage risks is UAH 20 million.

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Ukraine: Insurer Nova launches obligatory reinsurance program with Scor as partner

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