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AXIS Capital and PartnerRe to Combine in $11 Billion Merger
2015-01-26 03:09:16| Oil & Gas - Topix.net
Creates Broadly Diversified Global Specialty Insurance and Reinsurance Company with Expanded Market Presence, Gross Premiums above $10 Billion, and Total Capitalization above $14 Billion )--AXIS Capital Holdings Limited and PartnerRe Ltd. today announced that they have signed a definitive amalgamation agreement to create one of the world's preeminent specialty insurance and reinsurance companies, with gross premiums written in excess of $10 billion, total capital of more than $14 billion, and cash and invested assets of more than $33 billion.
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Category:Energy and Environment