Covea News
Another Try? EXOR Reportedly Talking to Covea Again About Selling PartnerRe
Exor, the holding company of Italy's Agnelli family, has restarted talks with French insurer Covea over a possible sale of reinsurer PartnerRe, Il Sole 24 Ore reported on Saturday, after the deal was ...
France’s Covéa Reportedly Interested in Grabbing AXA XL’s Reinsurance Biz
Covéa, the French non-life mutual, is interested in acquiring AXA XL's reinsurance business, AXA Re, in deal that could be valued at €5 billion, according to press reports. The news story, which ...
Covea Investment Helps Normalize Exor Relationship After It Abandoned PartnerRe Acquisition
Italy's Exor said on Monday that French insurer Covea had agreed to invest a total of 1.5 billion euros ($1.8 billion), partly in entities managed by PartnerRE, after walking away from a deal to buy ...
Left at the Altar: Covea Abandons $9B Purchase of Exor’s PartnerRe
French insurer Covea has walked away from its planned $9 billion purchase of PartnerRe, the Bermuda-based reinsurer owned by Exor, the holding firm of Italy's Agnelli family, saying it could no ...
Covea to Acquire PartnerRe From EXOR for $9 Billion
EXOR has agreed to sell PartnerRe to French mutual insurer Covéa, a move that is turning out to be a very profitable thing for the Italian investment firm. EXOR bought the Bermuda-based reinsurer in ...
French Insurer Covea Reportedly in Talks to Buy PartnerRe for $9B
French insurer Covea is in advanced talks with the Agnelli family's Exor NV to buy the Italian company's reinsurance business PartnerRe for about $9 billion in cash, according to people familiar with ...
Activist Fund Fails to Boot Kessler As SCOR CEO; Shareholders Reject Ouster Proposal
Reinsurer SCOR's shareholders on Friday blocked an attempt by an activist fund to oust the company's CEO, in a sign that activist investors are increasing pressure on French blue chips. Nearly three ...
Covea Abandons Hostile Takeover of French Reinsurer SCOR
Scor SE slumped the most in more than a decade in Paris trading after rival Covea abandoned efforts to buy the French reinsurer, ending one of the country's most acrimonious takeover attempts in ...