Axis termination fee contributes to PartnerRe Q3 loss


PartnerRe reported a net loss of $243.3 million for the third quarter of 2015, largely due to a $315 million termination fee and reimbursement of expenses it paid to Axis Capital following it breaking off the proposed merger between the two companies.

PartnerRe, Axis, David Zwiener, Bermuda

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