Axis Capital and Partner Re agree £7.3bn merger

Business handshake

Axis Capital and Partner Re have agreed terms on a £7.3bn ($11bn) merger to create one of the largest reinsurers in the world.

The merger would create a reinsurer with over $10bn in premiums, $14bn in captial and cash/invested assets of $33bn, and comes as reinsurance premiums are under pressure and competition has been

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