Magazine date:
Apr 2012 A pool of investors including some reinsurers is interested in acquiring the non life operations of Gan Eurocourtage. The main parties to this pool are Paribas Affaires Industrielles and Apax Partners as part of the financial institutions and Hannover Re, Gen Re, Swiss Re and Munich Re from the reinsurers. A takeover bid will soon be submitted to Groupama to which Gan Eurocourtage belongs. Gan Eurocourtage has been evaluated between 500 and 700 million EUR (666 and 932 million USD). Allianz is equally interested in this takeover.