PartnerRe enjoyed a return to profitability in its third quarter results having been hit by hefty termination fees relating to its abandoned merger with Axis Capital in this period last year. But its net premiums fell due to cancellations and non-renewals of business in tough market conditions.
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PartnerRe, Bermuda, AXIS Capital, Insurance, Reinsurance, Results, M&A, Property, Casualty, Emmanuel Clarke