AXIS Capital outlook revised to negative post Novae acquisition

S&P Global Ratings has revised the outlook for Bermuda-based AXIS Capital Holdings to negative from stable, reflecting its concerns that AXIS' capital redundancy will significantly diminish after the deal acquisition of Novae Group.

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S&P Global Ratings, AXIS, Novae, M&A, Lloyd's, North America, Europe, Albert Benchimol, Peter Wilson, Robert Forster

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