Covéa approach unlikely to result in immediate Axa XL Re deal

Adam McNestrie,

23 July 2021

Covéa's preliminary approach to acquire Axa's reinsurance business has a low likelihood of leading to a deal this summer, further frustrating the French mutual’s efforts to secure the reinsurance platform it has long coveted, sources have said.

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Topics

News M&A Axa XL UK and Europe

Adam McNestrie

Editor-at-Large

Rachel Dalton

Lead Reporter