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Covéa expected to do 'anything and everything' to make an Axa XL Re deal happen

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Covéa is reportedly mulling a third attempt in four years to buy a reinsurer as it eyes Axa XL Re, with experts noting the insurer would look 'pretty hapless' if it failed to get another deal over the line.

The potential deal attempt comes just over a year after the French insurer abandoned the buyout of Bermuda reinsurer Partner Re for $9bn, which it said at the time was due to the Covid-19 pandemic and

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