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Proxy firm Institutional Shareholder Services (ISS) has recommended PartnerRe shareholders vote against the merger of the Bermuda-based reinsurer with Axis Capital. 27 July 2015
Insurance
Bermuda-based Axis Capital has questioned the consistency of proxy firm Institutional Shareholder Services (ISS) in its recommendations regarding the tie-up between Axis and PartnerRe. 27 July 2015
Insurance
Axis and PartnerRe have reaffirmed their commitment to merge, days after Italian investment company Exor sweetened its terms. 23 July 2015
Insurance
Italian investment company Exor has driven PartnerRe and Axis back to the table following its latest offer of a special pre-closing dividend to $3 per share. 21 July 2015
Insurance
Italian investment company Exor has revealed it will offer PartnerRe shareholders a special pre-closing dividend of $3 per share. 21 July 2015
Insurance
Axis and PartnerRe have sweetened their merger agreement just weeks before shareholders of the Bermuda-based companies must vote. 16 July 2015
Insurance
Bermuda-based Axis Capital was hit with catastrophe and marine insurance losses in the second quarter of 2015. 14 July 2015
News
Bermuda-based PartnerRe has revealed it expects second quarter net losses of between $115 million and $95 million, driven by mark-to-market losses. 14 July 2015
Insurance
Italian investment company Exor has criticised PartnerRe’s latest move as an attempt to “rescue an inferior transaction that is the result of a flawed process”. 10 July 2015
Insurance
Reinsurer PartnerRe and Axis Capital have revealed they are considering amending the terms of their merger agreement to sweeten the deal. 10 July 2015
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