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EXOR SpA upped the ante in the takeover battle for PartnerRe Ltd., raising its bid by 5.8 percent in a final push to beat out rival AXIS Capital Holdings Ltd. for control of the reinsurer. EXOR, the ...
Italy's EXOR SpA will consider raising its $6.4 billion offer for reinsurer PartnerRe Ltd at a board meeting on Tuesday, two sources told Reuters on Friday. The Italian holding company, controlled by ...
PartnerRe Ltd., the reinsurer that agreed to combine with Axis Capital Holdings Ltd., said it would refuse to answer questions on its first-quarter earnings call about the unsolicited $6.4 billion ...
The Agnelli family's EXOR SpA, known for investments in cars and soccer, is dismissing the prevailing reinsurance strategies as it seeks to push into the industry with a $6.4 billion takeover. EXOR ...
European investment company EXOR has emerged as a second suitor for PartnerRe Ltd. with the announcement of its proposed $6.4 billion all-cash acquisition of the Bermuda-based reinsurer. If accepted, ...
AXIS Capital Holdings Ltd. today announced the expansion of its global underwriting platform, facilitated through the establishment of a new syndicate that will provide access to Lloyd's worldwide ...
A.M. Best Co. has upgraded the financial strength rating of AXIS Specialty Ltd. and its operating affiliates to "A+" (Superior) from "A" (Excellent) and its issuer credit ratings to "aa-" from "a+". ...
On Wednesday, Endurance Specialty Holdings Ltd. announced that Stuart Pattison has joined Endurance to lead the company's U.S. Law Firm practice. Earlier in the week, Endurance announced that Fred ...
Standard & Poor's Ratings Services announced Tuesday that it rated the first storm surge catastrophe bond—MetroCat Re Ltd.—a $200 million issuance sponsored by First Mutual Transportation ...
Bermuda-based Endurance Specialty Holdings Ltd. announced on Tuesday that its board of directors elected John R. Charman as Endurance's chief executive officer, replacing David Cash, who is stepping ...
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