Everest Re posted a shrinking top and bottom line during the second quarter of 2015 as the Bermudian reinsurer suffered from challenging market conditions and a higher-than-expected attritional loss experience.
Industry bellwethers have produced further evidence that price increases in the US commercial P&C sector are slowing while striking different notes on the impact this is likely to have on margin in the second half of the year.
As part of its "no" recommendation, ISS suggested that there may have been a lack of alignment between PartnerRe's board and its shareholders, raising doubts as to whether the board negotiated the best possible deal for investors.
ISS has raised significant doubts over Axis and PartnerRe's assertions that the combined entity might achieve a price-to tangible book multiple of 1.3x. Normal 0 false fal
