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The Actuary The magazine of the Institute & Faculty of Actuaries
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Scottish Re returns to core

Scottish Re has announced that following continuing adverse securities market developments and rating agency downgrading, it will refocus its business strategy as follows:
>> Pursue dispositions of the company’s non-core assets or lines of business, including the international life reinsurance segment and the wealth management business
>> Develop, through strategic alliances or other means, opportunities to maximise the value of the company’s core competitive capabilities within the North American life reinsurance segment, including mortality assessment and treaty administration >> Rationalise the company’s cost structure to preserve capital and liquidity.