Exor: “difficult” $9bn PartnerRe-Covéa deal will proceed despite pandemic

The CEO of Italian investment firm Exor has vowed to push through a series of transformative deals, including its $9bn sale of (re)insurer PartnerRe to French mutual Covéa, despite the market turmoil wrought by the coronavirus pandemic and speculation it might disrupt the latest (re)insurer M&A deal this year.