Partnerre Ltd and AXIS Capital announce enhanced merger terms

Partnerre Ltd:Partnerre and Axis Capital announce enhanced merger terms.Partnerre shareholders to receive an increased special dividend of $17.50 per share in connection with the transaction closing.Partnerre and Axis Capital agreed to match terms contemplated by exor's proposed exchange offer for...

Thursday, 16 Jul 2015 07:30am EDT

AXIS Capital Holdings Ltd gives Q2 2015 earning guidance below analysts' estimates

AXIS Capital Holdings Ltd:Expects Q2 2015 operating income between $91 million and $97 million.Expects Q2 2015 operating income per diluted common share between $0.90 and $0.96 per common share.Q2 2015 EBIT of $138 mln and EPS of $1.17 - Thomson Reuters I/B/E/S.

Monday, 13 Jul 2015 04:05pm EDT

Partnerre Ltd give Q2 2015 guidance

Partnerre Ltd:Expects Q2 2015 Operating Earnings between $100 million and $120 million.Expects Q2 2015 perating Earnings per diluted share between $2.10 and $2.50.Expects Q2 2015 Annualized Operating ROE between 6.7% and 7.9%.Expects Q2 2015 Net Loss per diluted share between $2.41 and $2.01.Expects...

Monday, 13 Jul 2015 04:05pm EDT

Maiden Holdings Ltd proposes sale of inactive unit

Maiden Holdings Ltd:Announces proposed sale of inactive Maiden specialty insurance company to clear blue financial holdings, llc.Says proceeds from this deal are not material to maiden's operations.Transaction has no impact on the A.M. Best A- (positive outlook) financial strength ratings of Maiden,...

Friday, 26 Jun 2015 10:06am EDT

Restructuring & Reorganization


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