Exor has sweetened the terms of its bid for PartnerRe ahead of a meeting with the carrier's shareholders in New York today (7 July) after holding a series of "constructive" conversations with investors.
Global reinsurance capital reached $580bn by the end of the first quarter of 2015, up 1 percent from the end of last year, according to Aon Benfield's latest reinsurance market outlook
Ace's $28.3bn cash and share acquisition of US insurer Chubb is set to cause a substantial 29 percent dilution to the Switzerland-based company's tangible book value per share