Covea Mutual News

Willis Re Securities Completes €120 Million Catastrophe Bond for France’s Covéa Mutual

Willis Re Securities reports it has structured and placed EUR 120 million of insurance-linked securities (ILS) to provide reinsurance capacity for Covéa Mutual Insurance Group, France’s largest domestic property/casualty insurance group. The transaction was executed in collaboration with Willis Towers …

SCOR Forces Board Resignation of CEO of Covéa (Biggest Shareholder, Spurned Suitor)

French reinsurer SCOR forced one of its board members — Thierry Derez, the CEO of Covéa — to resign this week. It was the culmination of a boardroom squabble that began in September when SCOR rebuffed an 8.3-billion-euro ($9.3 billion) …

Willis Towers Watson Places Cat Bond for France’s Covea Mutual

Willis Towers Watson Securities said it has structured and placed EUR 90 million of insurance-linked securities (ILS) for Covea Mutual Insurance Group, France’s largest domestic property/casualty insurance group. The transaction was executed in collaboration with Willis Towers Watson’s reinsurance business, …