Axis buys Novae for $604mn
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Axis buys Novae for $604mn

Trading Risk
06 July 2017
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Bermuda-based Axis Capital has bought Lloyd's insurer Novae for $604mn.

The acquisition will enable Axis to create a $2bn London specialty market carrier and a top 10 insurer at Lloyd's, while making Novae the latest brand to disappear from the...

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