Investment group Exor , which controls carmaker Fiat Chrysler , is in talks to s...
“Nothing concrete is expected in the coming days but such talks normally do not go on for months,” the source added.Unlisted Covea, one of France’s top damage and property insurance, last year dropped a bid to buy local reinsurer SCOR.
Covea’s Chief Executive Thierry Derez said at the time the company was seeking to acquire another reinsurer. Branching out to reinsurance would also allow Covea to diversify outside its main market France, where it makes almost 90% of its 17 billion euros business.Reporting by Giulio Piovaccari; Additional reporting by Sarah White in Paris; Writing by Giulia Segreti; Editing by Mark Potter
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bank of Italy says coronavirus may have significant impact on growthMeasures to counter the spread of the new coronavirus that first emerged in Chin...
Read more »
Coronavirus live updates: US citizen dies in Wuhan, Italy warns of significant economic impact
Read more »
Bank of Italy says crisis tools for small banks neededThe Bank of Italy on Saturday called for European rules to handle smaller banks&...
Read more »
Exclusive: France ramps up pressure to shift $200 billion euro clearing away from London - sourcesFrance is looking at ways to lure clearing in euro derivatives away from London ...
Read more »
Facebook and IRS Prepare for $9 Billion U.S. Tax Court FightThe IRS and Facebook are due to battle in court in a case that could shape the ability of the government to crack down on tax avoidance
Read more »
Exclusive: South Africa seeks to unlock stalled arms sales to Saudi, UAESouth Africa aims to free up over a billion dollars in stalled weapons sales, in...
Read more »