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Covea gets EC’s nod to buy reinsurer PartnerRe for $9 billion

Posted On: Apr. 20, 2022 9:30 AM CST


The European Commission has approved French insurer Covea Groupe SAS’ proposal to acquire Bermuda-based reinsurer PartnerRe Ltd. from investment group Exor NV, Reinsurance News reported. The deal has been valued at $9 billion.