Merger of Dublin-based insurers to create $11bn reinsurer
Combination of Axis Capital and PartnerRe will be among world’s largest
XL to write nearly a tenth of Lloyd’s business after Catlin deal
Deal is latest in string of European insurance mergers as region’s 5,000 underwriters face stricter capital rules
Lloyd’s of London sees profit jumps 21% in first half
Investment income rises to £642 million, helped by higher yields in market’s corporate bond portfolio
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