French reinsurer SCOR’s Chief Executive Denis Kessler promised on Tuesday to release a strategic plan that would set new targets for the company, in a move to assuage an activist fund that questioned his role in a failed takeover process. …
SCOR SE slumped the most in more than a decade in Paris trading [on Tuesday, Jan. 28] after rival Covea abandoned efforts to buy the French reinsurer, ending one of the country’s most acrimonious takeover attempts in recent years. Covea …
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) …
French reinsurer SCOR formally denied press claims that the group has been in merger discussions with PartnerRe or any other company. The SCOR statement, which was issued on Sept. 4, comes on the heels of a revelation on the same …
French reinsurer SCOR SE spurned an 8.3-billion-euro ($9.6 billion) unsolicited takeover offer from its biggest shareholder, Covea, which said it’s still interested in pursuing a deal. SCOR shares climbed the most in almost a decade. Covea, a French mutual insurer …
