French Regulator Dismisses Covéa Market Abuse Charges Filed Against SCOR’s Kessler May 28, 2021 By L.S. Howard France’s financial markets regulator dismissed market abuse charges, which had been filed against SCOR’s Chairman and CEO Denis Kessler by...
Barclays Dragged into Bitter Feud Between SCOR and Covéa over Failed Hostile Takeover May 24, 2021 By Ellen Milligan Barclays Plc has been dragged into a bitter feud between two French insurers over its role in a failed hostile...
EXOR and Covéa ‘Normalize’ Relations After Failed PartnerRe Deal August 4, 2020 Italy’s EXOR said on Monday that French insurer Covéa had agreed to invest a total of 1.5 billion euros ($1.8...
Exor Plays Hardball with French Insurer Covéa as PartnerRe Deal Collapses: Opinion May 14, 2020 By Chris Hughes, Bloomberg Opinion Renege on a deal with the Agnellis and you can expect to pay for it. Scion John Elkann has refused...
French Mutual Covéa Scraps $9 Billion Purchase of PartnerRe from Exor May 12, 2020 French insurer Covéa has walked away from its planned $9 billion purchase of PartnerRe, the Bermuda-based reinsurer owned by Exor,...
PartnerRe’s Parent EXOR Vows to Go Ahead with Deals Despite Pandemic April 9, 2020 The boss of EXOR showed confidence on Wednesday in the success of three transformative deals set to reshape its multi-billion...
Activist Fund CIAM Keeps Pressure on Reinsurer SCOR – and its CEO/Chairman Kessler March 30, 2020 By L.S. Howard The battle between French activist investment fund CIAM and SCOR, which has been waging for more than a year, heated...
EXOR to Sell PartnerRe to French Insurer Covea for $9 Billion March 4, 2020 EXOR has agreed to sell PartnerRe to French mutual insurer Covéa, a move that is turning out to be a...
Italian Investor Group Exor Weighs Sale of PartnerRe to France’s Covea February 9, 2020 Investment group Exor, which controls carmaker Fiat Chrysler, is in exclusive talks to sell reinsurer PartnerRe to France’s Covea in...
It Was Always Going to Be Hard to Oust CEO of SCOR – and His 300% Return: Opinion April 29, 2019 By Chris Hughes, Bloomberg Opinion European shareholder activism has suffered a painfully public humiliation. The lesson for investors is clear: Pick your battles. Paris-based investment...