Covea pays full price for PartnerRe to pursue reinsurance ambitions

04 March 2020

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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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Covea pays full price for PartnerRe to pursue reinsurance ambitions

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Covea pays full price for PartnerRe to pursue reinsurance ambitions

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Fuel a smarter strategy with our actionable market intelligence

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