Report claims PartnerRe is up for sale


PartnerRe may be up for sale, according to a report that cites a London banking source.

The Bermudian-based reinsurer was bought four years ago by Exor, the Italian investment firm controlled by the Agnelli family.

Exor paid around $6.9 billion to buy the company, which has offices on Pitts Bay Road.

In a report by The Insurance Insider, French company Covea is said to be a possible buyer of the business, according to an unnamed banking source.

In response to an enquiry about the article, PartnerRe told The Royal Gazette it does not comment on speculation in the press.

Exor has also been contacted about the report, and we are awaiting a response.

You must be registered or signed-in to post comment or to vote.

Published Feb 7, 2020 at 8:00 am (Updated Feb 7, 2020 at 8:41 am)

Report claims PartnerRe is up for sale

What you
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon

  • Take Our Poll

    Today's Obituaries

    eMoo Posts