AXA Versicherung AG
AXA Liabilities Managers has received regulatory approval from the German regulator BaFin for the acquisition of a legacy assumed treaty reinsurance portfolio from AXA Versicherung AG. This marks AXA LM’s 22nd acquisition and the 12th transaction in Germany.
RenaissanceRe (UK) Limited
AXA Liabilities Managers has agreed to acquire RenaissanceRe (UK) Limited (RRUKL), a company currently in run-off, from RenaissanceRe Holdings Ltd.
Munich Re Malaysia
AXA Liabilities Managers has completed the acquisition of the non-life legacy portfolio of Munich Re Malaysia (a branch of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in Munich).
AXA Liabilities Managers successfully completes the purchase of a 92,68% majority stake in Emirates Re, once the largest independent international Islamic reinsurer.
AXA Liabilities Managers completes the acquisition of the legacy assumed portfolio of Gothaer Finanzholding A.G.
Reinsurance To Close (RITC) at Lloyd’s
AXA Liabilities Managers combined with Randall & Quilter to acquire the run off of Syndicate 3334, a Sportscover legacy business at Lloyd’s that was managed by Bermuda-based insurance company Hamilton Underwriting Limited (Hamilton).
AXA Liabilities Managers (AXA LM) has closed with Düsseldorf-based insurance company Provinzial Rheinland its 16th acquisition on the external market and its 10th with a German seller.
Following the successful acquisition in 2014 of subsidiaries of GLOBALE Rückversicherungs-AG (GLOBAL Re) in Australia, Canada, Switzerland and the United States, AXA Liabilities Managers purchased the remaining part of the German run-off company (GLOBAL Re Germany).
AXA Liabilities Managers acquires the GERA Pool, specialising in aviation reinsurance: a step forward in a clear development strategy.
Global Re’s international subsidiaries
AXA Liabilities Managers successfully completes the acquisition of German run-off reinsurer Global Re’s international subsidiaries.
AXA Liabilities Managers (AXA LM) announced today that it has entered into a definitive agreement with the German states of Berlin and Brandenburg to acquire non-life run-off company BF Rückversicherung.