Scor
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Are you an economist or an anthropologist? Or to put it another way, what wins out in the end: money or culture?
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The Swiss Re CEO refutes the suggestion that financial-sector newcomers can deploy capital more efficiently than traditional reinsurers.
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Autonomous Research analyst Andrew Ritchie said Covea's EUR43-per-share offer did not account for any take-out premium in excess of expected organic creation by 2020.
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Even if a second bid is made privately, the reinsurer may dismiss it as a hostile proposal. -
The Insider 50 shrugged off global equity market jitters to close at 1,126.26 index points.
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Scor remains committed to EC3, according to global P&C chief Victor Peignet.
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Covea looks to the Talanx model as it targets a diversifying reinsurance acquisition.
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The Scor chairman and CEO steps up his fight against Covea's $9.6bn takeover gambit.
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Covea CEO Derez has the money to prevail, but does he have the will to do everything he needs to in order to do so?
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The division will be split into three segments focusing on reinsurance, specialty insurance and P&C partners.
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The German reinsurer’s gross written premium rose to $37.8bn to reclaim the top spot in AM Best’s rankings.
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Credit Suisse and Barclays assist Covea in devising Scor proposal.
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