Exor and Covéa sign Memorandum of Understanding for the sale of PartnerRe for $9 Billion (€7.7 Billion)
Transaction would reinforce PartnerRe’s strategy, further confirming its status as one of the world’s leading reinsurers. Exor and Covéa to expand their reinsurance and investment cooperation.
Covéa concluded an agreement to sell the California-based CSE group to the US group Porch.
Covéa and SCOR wish to restore peaceful relations, based on professionalism and in keeping with their respective independence.