Bermuda-based PartnerRe Ltd. announced that its Board of Directors has rejected the unsolicited proposal by EXOR S.p.A. to acquire PartnerRe at a price of $130 per share, and reconfirmed its commitment to the planned merger with AXIS Capital Holdings Limited. …
Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the first quarter of 2015 of $156 million, or $1.54 per diluted common share, compared with $137 million, or $1.24 per diluted common share, for the first …
Lloyd’s of London insurers Lancashire Holdings plc and Novae Group plc may be the next in line for takeover offers after Brit plc became the second U.K. firm within weeks to be acquired. Lancashire, which gained access to the world’s …
PartnerRe Ltd. reported net income of $262.7 million, or $5.26 per share for the fourth quarter of 2014. This includes net after-tax realized and unrealized gains on investments of $82.1 million, or $1.64 per share. Net income for the fourth …
XL Group plc Chief Executive Officer Mike McGavick said employees who are worried about disruption from his company’s planned purchase of Catlin Group Ltd. should think twice about jumping ship. Other reinsurance deals, including last month’s agreement by AXIS Capital …
Axis Capital Holdings Ltd. said this week its preliminary estimate of the total net financial impact of Sandy is around $300 million — net of tax and estimated recoveries from reinsurance and including estimated reinstatement premiums. The Pembroke, Bermuda-based provider …
Bermuda-based AXIS Capital Holdings Limited announced that Eric Gesick has joined the Company in the new position of Group Chief Actuary. He also joins the Executive Committee of AXIS Capital, and will lead the Company’s actuarial function and provide review …
Bermuda-based AXIS Capital Holdings Limited announcedthat its Board of Directors has appointed Jane Boisseau as a member of the Board, effective December 2012. She is a former co-chair of the Insurance Regulatory Department of the law firm Dewey & LeBoeuf …
Selected earnings highlights from the Bermuda-based AXIS Capital Holdings for the second quarter and the first half of 2012 are as follows: Q2 2012 Q2 2011 Gross premiums written ———— $1.014375 bn $1.046163 bn Net premiums written ————— $801.575 mn …
Bermuda-based AXIS Capital Holdings Limited announced that its Board of Directors has appointed Board member and former Chairman Michael A. Butt as non-executive Chairman of the Board of Directors. He succeeds John R. Charman following the decision by the Board …
