The latest disclosure follows the rejection of Zurich's takeover bid by Beazley.
The FCA’s measures include capping both customer numbers and capital levels within Markerstudy’s UK operations.
Under the arrangement, SCOR has added capacity to Baobab’s existing binder, widening eligibility to companies generating up to €1bn ($1.18bn) in annual revenue in Germany and Austria.
In the three months to December 2025, total revenue stood at $4.3bn (£3.14bn), up 4% year-on-year.
