Covea puts ~£725mn premium UK business up for sale
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Covea puts ~£725mn premium UK business up for sale

Rachel Dalton, 
Adam McNestrie
28 January 2022
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French mutual carrier Covea has put its ~£725mn ($970mn) gross written premium (GWP) UK business, Covea Insurance, on the market, this publication has learned.

Sources said attempts to sell the business began in late 2021.

Potential acquirers for the general insurance business include major UK players like Zurich, Aviva, Intact and Axa.

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Topics

News M&A UK and Europe
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Rachel Dalton
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Adam McNestrie
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