Axis Capital prepares to place $3bn reinsurance unit up for sale
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

Axis Capital prepares to place $3bn reinsurance unit up for sale

Adam McNestrie, 
Rachel Dalton
April 27, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
axis_bermuda_logo_2021.png

Axis Capital is preparing to sell its ~$3bn GWP reinsurance segment, as CEO Albert Benchimol prepares a major strategic repositioning of the Bermudian as a specialty insurer, this publication can reveal.

Sources said that investment bank Jefferies has been retained, with former Credit Suisse deal banker Alejandro Przygoda leading the mandate.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsM&ATreaty ReinsuranceAxis Capital
adam mcnestrie/adam mcnestrie ii us.png
Adam McNestrie
Editor-at-Large
Contact
rachel dalton/rachel dalton ii us.png
Rachel Dalton
Lead Reporter
Contact
Gift this article