The merger with PartnerRe is in the main interest of AXIS Capital Holdings. This is the main content of the letter to employees in which the CEO of AXIS Capital Holdings, Albert Benchimol, explained that the two reinsurance companies are making progress in the merger plan.
In the letter, Albert Benchimol also specified that although his companies have made progress in the integration project, he also explained that there have been delays due to theExor's interest in PartnerRe.
In fact, the holding company of the Agnelli family made an offer for PartnerRe, which yesterday said it was "ready to deal with Exor".
