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  • Global bankers Credit Suisse and Goldman Sachs are set to collect combined transaction fees of up to $49.5mn for financial advisory services if the proposed deal between PartnerRe and Axis successfully completes.
  • Axis-PartnerRe will achieve a double-digit return on equity (RoE) after two full years of operation, despite shrinking industry returns, according to Goldman Sachs' investment banking arm.
  • The year-end investment results of The Insurance Insider's composites clearly showed the challenging year the industry's CIOs faced in 2014.
  • With 2014 now behind us, The Insurance Insider takes a look at the possible outcomes in the upcoming first quarter results season...
  • Amid limited growth opportunities (re)insurers handed back more capital in 2014 in a bid to create shareholder value and boost returns, as the wheels of M&A were finally set in motion.
  • Global (re)insurers once again led the way on investment yields in full-year 2014, although returns remained subdued.
  • (Re)insurers in our listed P&C universe generally delivered lower returns in 2014 as thinning underwriting margins and anaemic investment returns hit profitability.
  • Although (re)insurers gained some respite from the lack of major cat losses last year, there was evidence of weakening underwriting performance as carriers faced a variety of other headwinds such as rising expenses and expanding accident year, ex-cat loss ratios.
  • The rate of premium growth decelerated for most of the companies in our P&C universe in 2014 as carriers faced fierce competition, softening reinsurance pricing and stagnant demand for risk transfer, forcing them to revise their growth strategies.
  • The pace of cat bond issuance has picked up as the end of the first quarter comes into sight, with a number of sponsors bringing out new deals in the past week.