Covea pays full price for PartnerRe to pursue reinsurance ambitions
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Covea pays full price for PartnerRe to pursue reinsurance ambitions

Adam McNestrie, 
Rachel Dalton
04 March 2020
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Covea_insurance_logo_paris_2021.png

Covea's $9.05bn acquisition of PartnerRe values the company at 1.38x book value, a multiple that will likely be seen as a rich price for a reinsurance-only business that just fell to a third successive annual non-life underwriting loss.

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NewsPartnerReM&AReinsurers
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Adam McNestrie
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Rachel Dalton
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