According to reports in the French media, insurance group Covéa is targeting an acquisition of AXA’s non-life reinsurance operations, which would be the Bermuda headquartered AXA XL Re division. Reported first by L’Argus de L’Assurance on Friday, any deal would see Thierry Derez’s mutual insurer Covéa finally realising its ambition to acquire a large, global… Continue reading Covéa Said Targeting AXA XL Reinsurance Acquisition: Report