Covéa, Exor talk of ‘mutual trust’ as they rekindle $9bn PartnerRe deal

29-10-2021

Covéa, Exor talk of ‘mutual trust’ as they rekindle $9bn PartnerRe deal

Italy's Exor and French mutual insurer Covéa have rekindled their $9 billion deal for Bermuda-based reinsurer PartnerRe, after calling it off amidst discussions over renegotiating price on  ‘inferior’ terms — but the question remains: what changed in the last one and a half year considering the valuation remains same.


PartnerRe, Covéa, Exor, Mergers & Acquisitions, Insurance, Reinsurance, John Elkann, Thierry Derez, Jacques Bonneau, Bermuda, France, Europe

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