Covea closes EUR7.9bn PartnerRe acquisition
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Covea closes EUR7.9bn PartnerRe acquisition

Rachel Dalton
13 July 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Covea PartnerRe logo paris.jpg

Covea has announced the closure of its EUR7.9bn ($7.94bn) acquisition of PartnerRe from Exor, in a move CEO Thierry Derez described to this publication as both “industrial and strategic”.

Covea originally agreed to buy Bermudian P&C reinsurer PartnerRe from Exor for $9bn in March 2020, only to back out of the deal that spring, citing Covid-19’s impact on the business’s value.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsM&APartnerRe
rachel dalton/rachel dalton ii ils.png
Rachel Dalton
Lead Reporter
Contact
Gift this article