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Bermuda insurer and reinsurer Axis Capital Holdings Ltd is not considering improving on its offer for Bermuda-based reinsurer PartnerRe Ltd after rival bidder Exor’s raised $6.8 billion bid, according to a report by Reuters. The report cites a a sou...

Axis today reported a jump in first-quarter profits by $19 million to $156 million. The take for the first three months of 2015 compared to a figure of $137 million for the same period last year. The figures are equivalent to $1.54 per common share, ...

Bermuda reinsurer Axis is set to fight a bid by the billionaire Italian Agnelli family to take over PartnerRe. Axis earlier this year confirmed a deal to merge with PartnerRe — but the Agnelli-controlled Exor investment company on Tuesday stepped in ...

By Jonathan Kent Standard & Poor’s Rating Services has removed both Axis Capital Holdings Ltd and PartnerRe Ltd from CreditWatch with negative implications after concluding that their proposed merger will create a combined company with a stronger com...

Axis Capital Holdings Ltd recorded net income for 2014 of $771 million, compared to $684 million the year before. The re/insurer last month announced its intention to merge with PartnerRe Ltd, with the transaction expected to close in the second half...

The mega-merger between reinsurance firms Axis and PartnerRe has been given the thumbs up by a ratings agency. Moody’s gave the deal a positive rating — and placed Axis’ rating on review for an upgrade. Moody’s said: “The combination of the two platf...

Axis Capital Holdings Ltd and PartnerRe Ltd have agreed to merge, the companies announced last night. The deal — between two of the five biggest companies in the Bermuda insurance and reinsurance marketplace — will create a group with a market capita...

Bermuda-based re/insurer Axis Capital Holdings Ltd surpassed Wall Street’s expectations in posting second-quarter net income of $191 million. Profit broke down to $1.79 per share, compared with $72 million, or 62 cents per share in the second quarter...