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

Adam McNestrie, 
Rachel Dalton
27 April 2022
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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

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Topics

NewsM&ARe/insurersAxis CapitalBermuda
adam mcnestrie/adam mcnestrie ii ils.png
Adam McNestrie
EDITOR-AT-LARGE
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Rachel Dalton
Lead Reporter
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