Log In

Exor has filed a proxy statement with the US Securities and Exchange Commission (SEC) in an effort to directly reach PartnerRe shareholders ahead of next month’s vote on the proposed merger deal between Axis and PartnerRe. And the investment firm, wh...

Axis and PartnerRe shareholders will next month get the chance to vote on the proposed merger of the two firms. Shareholders of both firms will meet at the same time on Friday, July 24 in Bermuda to back the shares-only deal — or voice support for a ...

Reinsurance firm PartnerRe is to hold talks with Italian firm Exor in a bid to push up its $6.8 billion rival offer to the proposed merger with Axis. PartnerRe said it had been given a waiver by Axis to open talks with Exor — but repeated its commitm...

Bermuda insurer and reinsurer Axis Capital Holdings Ltd is not considering improving on its offer for Bermuda-based reinsurer PartnerRe Ltd after rival bidder Exor’s raised $6.8 billion bid, according to a report by Reuters. The report cites a a sou...

Exor has increased its offer for PartnerRe Ltd to about $6.8 billion, as it tries to derail the Bermuda reinsurer’s planned merger with Axis Capital Holdings Ltd. Exor, the investment vehicle of Italy’s billionaire Agnelli family, now plans to pay $1...

One of the biggest shareholders in Bermuda-based reinsurance firm PartnerRe has backed a $6.4 billion rival bid for the company. PartnerRe had agreed a deal to merge with rival Bermuda firm Axis — but a surprise bid by Italian investment firm Exor ha...

Bermuda reinsurer Axis is set to fight a bid by the billionaire Italian Agnelli family to take over PartnerRe. Axis earlier this year confirmed a deal to merge with PartnerRe — but the Agnelli-controlled Exor investment company on Tuesday stepped in ...

The family behind Italian car giants Fiat and Alfa Romeo has launched a $6.4 billion drive to buy Bermuda-based reinsurer PartnerRe. The move means Exor is now in a race with Axis, which has already announced a bid to merge with PartnerRe. Exor — a t...

By Jonathan Kent Standard & Poor’s Rating Services has removed both Axis Capital Holdings Ltd and PartnerRe Ltd from CreditWatch with negative implications after concluding that their proposed merger will create a combined company with a stronger com...