NU Online News Service, July 7, 2003, 11:12 a.m. EDT – SCOR S.A., Paris, says it will be spinning off its life reinsurance business as a separate business.

“The capital of this new entity may be opened up to outside partners,” SCOR says.

The life reinsurance spinoff is part of SCOR’s ongoing efforts to reorganize its operations, the company says.