Covéa

Covéa is a French mutual insurance company that covers property, liability and reinsurance businesses headquartered in Paris.

It became a mutual insurance group company or SGAM, a special French legal status, in 2002 and operates a number of different brands in France and other countries, that have been obtained through acquisitions.

In 2014, Covéa was number one for property and liability insurance in France and served over 11 million policyholders, generating €16.5 billion in premiums.

In 2005, the general meeting of Covéa approve the merger with Azur and of the Garantie mutuelle des fonctionnaires (GMF).

On 12 July 2022, Covéa announces completing the acquisition of PartnerRe Ltd. from Exor for a total cash consideration of €7,9Bn.