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Scor-ched earth

11 February 2020 By Christopher Thompson

The $7.5 bln French insurer fought off an unwanted offer from Covea. Now its erstwhile suitor may team up with rival PartnerRe. That leaves CEO Denis Kessler short of options. If Covea sells its 8% stake in Scor, shares which have trailed the industry will face further pressure.

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