Covéa - Third time lucky?

Scor, Partner Re and Axa XL cards

Covéa’s Thierry Derez is a persistent man. His desire to acquire an international reinsurance franchise to sit alongside his steady-but-slow-growth European retail mutual business has not been dimmed by the painful failure to acquire Scor in 2018 or the inability to reprice the more recent €9bn PartnerRe deal following Covid-19 ...

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