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Scor says it was placed under examination for allegations against former chair
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Scor says it was placed under examination for allegations against former chair
Apr 4, 2025 12:21 AM

April 4 (Reuters) - French reinsurance company Scor

said on Friday it has been placed under examination by

a Paris court for facts alleged against its former chairman,

Denis Kessler, in relation to Covea Group's acquisition of

PartnerRe ( PREJF ) in 2022.

Scor said it firmly denies having had any direct or indirect

involvement.

In July 2022, Exor, the holding company of Italy's

Agnelli family, completed the sale of Bermuda-based reinsurer

PartnerRe ( PREJF ) to France's Covea for $9.3 billion in cash.

In January 2024, French daily Liberation reported that a

judicial procedure had been started in June 2022 related to the

transaction.

Kessler, who was Scor's chairman for 21 years until his

death in 2023, Adrien Couret, CEO of mutual protection group

Aema, and Jean-Claude Seys, co-founder of Covea, were said to

have tried to derail the deal, according to the Liberation

report.

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