Covea
Founded Year
2003About Covea
Covea is a property and casualty insurance group. It offers car insurance, home insurance, complementary health insurance, provident insurance, savings, retirement, reinsurance, and more. It was founded in 2003 and is based in Paris, France.
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Latest Covea News
Oct 5, 2023
Scor to Buy Back 5.01% Stake From Covea, Sell It to BNP Paribas Cardif October 05, 2023 at 01:49 am EDT Share By Adria Calatayud Scor plans to buy back a 5.01% stake in its own shares from French insurance company Covea for 252 million euros ($264.7 million) and to sell it to BNP Paribas's insurance business BNP Paribas Cardif. French reinsurer Scor said late Wednesday that its board authorized the acquisition of 9 million of its own shares, exercizing an option contemplated by a 2021 agreement with Covea to settle a dispute that began with a failed hostile takeover attempt of Scor by Covea. Under the settlement, Covea granted Scor a call option on its full stake of 8.8% at a price of EUR28 a share. Scor's shares closed at EUR28.60 on Wednesday. Scor said it intends to subsequently sell its shares to BNP Paribas Cardif at an undisclosed price. "These transactions aim to normalise Scor's shareholding," the company said. Write to Adria Calatayud at adria.calatayud@dowjones.com (END) Dow Jones Newswires
Covea Frequently Asked Questions (FAQ)
When was Covea founded?
Covea was founded in 2003.
Where is Covea's headquarters?
Covea's headquarters is located at 86 rue Saint-Lazare, Paris.
Who are Covea's competitors?
Competitors of Covea include Odealim and 4 more.
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Compare Covea to Competitors
AGPM Group operates as a mutual insurance group. It offers insurance policies such as health, foresight, housing, and more. The company was founded in 1951 and is based in Toulon, France.
Covea is a mutual insurance group offering property and casualty insurance. It provides property and casualty insurance, life insurance products and multi-unit capitalization policies, and other insurance services. The group also offers risk management solutions, savings and pensions, and reinsurance services. It was founded in 2003 and is based in Paris, France.
Groupama operates as a mutual insurance company. It offers property and casualty insurance, life and health insurance, agricultural insurance, and other financial services. Additionally, it offers leisure insurance such as motorhome, bike, pet, school, and hunting insurance. The company serves individuals, businesses, professionals, farmers, and local authorities. It was founded in 1986 and is based in Paris, France.
INTERIALE provides mutual insurance services to members of territorial public service, the armed forces, justice, and national education. It offers social protection to its members, throughout their life course, professional and personal, personalized health guarantees, and pension solutions. It was founded in 2008 and is based in Paris, France.
Green Sante operates as a digital broker. The company offers mutual health and provident insurance. It was founded in 2019 and is based in Paris, France.
Odealim specializes in the insurance and financing sector. It offers a range of insurance solutions for real estate, including coverage for condominiums, syndicates, landlords, and brokers. It primarily serves the real estate industry. The company was founded in 2016 and is based in Paris, France.
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