RJ and Makay

Global reinsurer Scor SE (SCR) has reached an agreement with Aegon to acquire the mortality risk reinsurance business of Transamerica Reinsurance. With the exception of retained select blocks of business, Aegon NV (AGN) will divest its global life reinsurance activities.

A series of retrocession agreements from Aegon to Scor Global Life U. S. entities were necessary, as Transamerica is a part of Aegon though not a legal entity.