SCOR of its US-based PartnerRe Life Insurance Company.

Under the previously an nounced agreement SCOR Group was to purchase PartnerRe Life Insurance Company of the US. The sale includes PartnerRe Life and its subsidiaries Republic Vanguard Life Insurance Company, Investors Insurance Corporation and Investors Marketing Group, Inc.

The company said the total consideration for this transaction is $155 million, including the assumption of $10 million of liabilities.

The sale is subject to regulatory approvals in the United States and is expected to close late in the second quarter of this year.

The transaction will be profitable and is not expected to be dilutive to the Company's earnings.