Atlas Reinsurance X Ltd

French reinsurer SCOR has now issued a press release on its recently launched Atlas Reinsurance X Ltd. fully collateralized reinsurance sidecar, which Artemis covered last week. The reinsurer says the successful launch of the sidecar further demonstrates its access to capital.

French reinsurance firm SCOR has launched a new collateralized reinsurance sidecar vehicle in time for the January renewals. Atlas Reinsurance X Limited launched at the end of 2013 and its $55.5m shares were listed in Ireland.