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14 September 2015Reinsurance

The morning after

The pace of mergers and acquisitions (M&A) on Bermuda’s re/insurance market turned from a steady drip to a frenzy this summer. The proposed AXIS-PartnerRe merger was thwarted by an outsider to the sector in the form of Italian investment fund Exor, which eventually won what became a long and sometimes bitter battle for PartnerRe.

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