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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Exor NV | BIT:EXO | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
From Apr 2019 to Apr 2024
By Mauro Orru
Exor NV said Monday that it would spend 1.5 billion euros ($1.77 billion) along with French mutual insurance company Covea Cooperations SA in special-purpose insurance vehicles managed by PartnerRe, as well as other investment opportunities.
The holding company of Italy's Agnelli family said EUR750 million would go toward the special-purpose insurance vehicles investing in property catastrophe and other short-tail reinsurance contracts, with the remaining EUR750 million for other opportunities.
The two companies will make a EUR500 million investment in special-purpose insurance vehicles on Jan. 1, 2021 with another EUR250 million investment made prior to or on Jan. 1, 2024, Exor said.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
August 03, 2020 12:24 ET (16:24 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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