French Mutual Insurer Covea Eyes Purchase of AXA XL’s Reinsurance Business: Reports

Covéa, the French non-life mutual, is interested in acquiring AXA XL’s reinsurance business, AXA Re, in deal that could be valued at €5 billion, according to press reports. The news story, which originally appeared in Bloomberg, “is credible,” according to …

from News – Insurance Journal https://ift.tt/2TcPnzz