French reinsurer Scor has bluntly denied reports that it has been in discussions over a potential tie-up with Bermudian firm PartnerRe.

The rumour was published on the website of French business publication BFM.

Scor said: “Formally denies the claim on the BFM business website that the group has been in discussions with another partner for several months.

“Contrary to this assertion, Scor has held no discussions with PartnerRe or any other company.”

PartnerRe is owned by Exor, the investment vehicle of Italy’s Agnelli family.