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

French reinsurer SCOR in September rebuffed an 8.3-billion-euro ($9.3 billion) takeover offer from its biggest shareholder, Covéa, which owns 10 percent of SCOR. Although the offer was not welcomed by SCOR, Covéa at the time said it was still interested …

from News – Insurance Journal