Covea to acquire PartnerRe for $9bn as Exor exits with substantial profit

    French mutual Covea and Bermudian reinsurer PartnerRe announced they had reached a memorandum of understanding by which Covea would purchase Partner for $9bn cash, plus a $50mn cash dividend.


    Inside P&C delivers competitive intelligence on the US P&C market. Click here to take a free trial.

    Receive access to:

    • Daily editorially curated newsletters
    • High-value commentary on key companies and themes
    • Deep-dive data analysis delivered in digestible daily chunks
    • Fast-response analysis of important newsflow that helps readers join the dots
    • State of the market pieces based on wide networks of sources
    • Exclusive news