Scor: Partner Re denies merger talks
(CercleFinance.com) - Partner Re, a Bermuda-based reinsurer and subsidiary of the Italian holding company Exor, yesterday denied that it planned a merger with its French rival SCOR.
At no time have there been any talks with SCOR about a potential merger with Partner Re, a spokesman for Partner Re said.
Les Echos yesterday reported that SCOR accuses the mutual insurance group (Covéa) of having disclosed (last summer) a potential merger project that it had with Partner Re, designated under the code name "Projet Parfum".
Copyright (c) 2019 CercleFinance.com. All rights reserved.