AXIS News
Coal and Oil Are Passé in AXIS Capital’s New Clean Energy Policy
AXIS Capital Holdings Ltd. won't insure, invest in or provide insurance or reinsurance for new coal plants or oil pipeline as part of an initiative designed to reduce climate risks and support the ...
Marsh, Insurers Debut Program to Help Firms Pick Best Cybersecurity Products
What the insurance industry has done for auto and building safety products, insurance broker Marsh wants to extend to cybersecurity products. That is, recommend the cybersecurity products that are ...
The Latest Launches From PIMCO/Allianz, Everest and AmWINS/AXIS
PIMCO will work with corporate parent Allianz to launch its property/casualty insurance-linked securities business. Everest Insurance now offers property, commercial auto and workers compensation ...
AXIS Will Grab Lloyd’s Specialty Insurer/Reinsurer Novae for $604M
AXIS Capital Holdings Ltd. announced it is acquiring Novae Group plc, a specialty insurer and reinsurer that operates through Lloyd's of London. "The US$604 million transaction adds scale and breadth ...
Consolidation Vaults Tokio Marine to List of Top U.S. Surplus Lines Groups: A.M. Best
The 2015 roundup of the top U.S. domestic surplus lines carriers is more of the same, blended with a key element - consolidation - that could portend greater changes in the roster to come. A.M. ...
Report: AXIS, PartnerRe May Sweeten Their $6.2B Merger Agreement
Reinsurers AXIS Capital Holdings Ltd and PartnerRe Ltd are considering tweaking their $6.2 billion merger agreement in a bid to fend off a $6.8 billion offer for PartnerRe by EXOR SpA, people ...
EXOR Plans to Promote from Within For PartnerRe CEO; Revises Deal Terms
John Elkann, who is offering $6.8 billion for a company that doesn't have a permanent chief executive officer, plans to find a leader internally at PartnerRe Ltd. if he wins the bidding for the ...
EXOR Deal Better for PartnerRe Than AXIS, Says Former CEO Thiele
PartnerRe Ltd.'s former Chief Executive Officer Patrick Thiele said the reinsurer's shareholders should vote against a planned merger with AXIS Capital Holdings Ltd. and called the cash offer from ...