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SCOR to start operations in India in April

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France-based reinsurer SCOR S.E. expects its Indian branch to commence operations starting April 1, 2017, Asia Insurance Review reported. The reinsurer will undertake life and property/casualty reinsurance business in India. SCOR received second phase – or R2 – approval from the Insurance Regulatory and Development Authority of India to open a branch in the nation in October. The reinsurer plans to establish the branch office as soon as it receives R3 authorization. 

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