SlideShare a Scribd company logo
1 of 1
Download to read offline
Axis refuses to discuss second PartnerRe bid
Adam McNestrie 1 May 2015
More than a fortnight after the Agnelli family entered the fight to acquire PartnerRe, Axis Capital
CEO Albert Benchimol declined to answer questions about the competing bid or to address the
possibility that his company would increase its offer.
"As has been reported, Exor made an unsolicited bid for PartnerRe on April 14. For legal reasons we
will not be addressing this unsolicited offer during our prepared remarks or during the QA portion of
this call," Benchimol told analysts after...
Now that it is so easy to obtain online quotes for just about any type of insurance, there is absolutely
no excuse for renewing a policy before doing an online check of the prices offered by other
companies. Last year I purchased my house cover after getting a selection of quotes from a price
comparison website. A few days ago I received a phone call from that insurer telling me that the
renewal was imminent and that the price had only risen by a couple of pounds. When I answered
that I was going to check prices from some other companies online before taking out a renewal, the
insurer came up with a price about 20% cheaper than his original one. Nevertheless, I visited my
favourite insurance price comparison site and proceeded to obtain precisely the same cover for
another 20% less than his lowest quote. I've said it so many times and I'll say it again...Don't EVER
renew any insurance before checking prices online. All of the insurers offer their lowest prices to
first-time customers, so take advantage of this and switch to a new company whenever you can get a
better price for equivalent or better cover. Unless there is a very good reason to stay with your
current insurance company then don't fret over showing disloyalty to them, I bet that they won't
show any loyalty to you if you're unfortunate to have to make a claim!. The following link has
http://www.insurance-advisor.org.uk/uk-motor-insurance-in-th-event-of-an-accident/
If you are a non-subscriber but would like to be able to view this article, then please go to our
Publications page for further information on joining our readership
http://www.insuranceinsider.com/axis-refuses-to-discuss-second-partnerre-bid

More Related Content

Viewers also liked

Recent budgeting developments in the MENA region - Waeel AL MUTAWA, Kuwait (A...
Recent budgeting developments in the MENA region - Waeel AL MUTAWA, Kuwait (A...Recent budgeting developments in the MENA region - Waeel AL MUTAWA, Kuwait (A...
Recent budgeting developments in the MENA region - Waeel AL MUTAWA, Kuwait (A...OECD Governance
 
Multi agency working in Leicestershire - Liz Clark, Leicestershire County Cou...
Multi agency working in Leicestershire - Liz Clark, Leicestershire County Cou...Multi agency working in Leicestershire - Liz Clark, Leicestershire County Cou...
Multi agency working in Leicestershire - Liz Clark, Leicestershire County Cou...CentreOf Excellence
 
المحاضرة الثالثة / حق الحياة
المحاضرة الثالثة / حق الحياة المحاضرة الثالثة / حق الحياة
المحاضرة الثالثة / حق الحياة khadijaelboaishi
 
Vertical Farming Solutions
Vertical Farming SolutionsVertical Farming Solutions
Vertical Farming Solutionsaks85
 

Viewers also liked (7)

Recent budgeting developments in the MENA region - Waeel AL MUTAWA, Kuwait (A...
Recent budgeting developments in the MENA region - Waeel AL MUTAWA, Kuwait (A...Recent budgeting developments in the MENA region - Waeel AL MUTAWA, Kuwait (A...
Recent budgeting developments in the MENA region - Waeel AL MUTAWA, Kuwait (A...
 
Food Innovation and Renovation-SG Health Promotion Board 2015
Food Innovation and Renovation-SG Health Promotion Board 2015Food Innovation and Renovation-SG Health Promotion Board 2015
Food Innovation and Renovation-SG Health Promotion Board 2015
 
Multi agency working in Leicestershire - Liz Clark, Leicestershire County Cou...
Multi agency working in Leicestershire - Liz Clark, Leicestershire County Cou...Multi agency working in Leicestershire - Liz Clark, Leicestershire County Cou...
Multi agency working in Leicestershire - Liz Clark, Leicestershire County Cou...
 
Italy vs Uk
Italy vs UkItaly vs Uk
Italy vs Uk
 
المحاضرة الثالثة / حق الحياة
المحاضرة الثالثة / حق الحياة المحاضرة الثالثة / حق الحياة
المحاضرة الثالثة / حق الحياة
 
Intro to Vertical Farming in China 2015
Intro to Vertical Farming in China 2015Intro to Vertical Farming in China 2015
Intro to Vertical Farming in China 2015
 
Vertical Farming Solutions
Vertical Farming SolutionsVertical Farming Solutions
Vertical Farming Solutions
 

More from handsomelykeepe65

Independents' Day - a time to celebrate local businesses
Independents' Day - a time to celebrate local businessesIndependents' Day - a time to celebrate local businesses
Independents' Day - a time to celebrate local businesseshandsomelykeepe65
 
Market cycle could become asymmetric: Sapnar
Market cycle could become asymmetric: SapnarMarket cycle could become asymmetric: Sapnar
Market cycle could become asymmetric: Sapnarhandsomelykeepe65
 
Nate Silver: Hillary Has A 50/50 Shot
Nate Silver: Hillary Has A 50/50 ShotNate Silver: Hillary Has A 50/50 Shot
Nate Silver: Hillary Has A 50/50 Shothandsomelykeepe65
 
What Net Neutrality Opponents Are Saying Now — And Why It’s A Lot Of Hot Air
What Net Neutrality Opponents Are Saying Now — And Why It’s A Lot Of Hot AirWhat Net Neutrality Opponents Are Saying Now — And Why It’s A Lot Of Hot Air
What Net Neutrality Opponents Are Saying Now — And Why It’s A Lot Of Hot Airhandsomelykeepe65
 
Uber partners with Starwood Hotels to offer reward points for rides
Uber partners with Starwood Hotels to offer reward points for ridesUber partners with Starwood Hotels to offer reward points for rides
Uber partners with Starwood Hotels to offer reward points for rideshandsomelykeepe65
 

More from handsomelykeepe65 (9)

Independents' Day - a time to celebrate local businesses
Independents' Day - a time to celebrate local businessesIndependents' Day - a time to celebrate local businesses
Independents' Day - a time to celebrate local businesses
 
Hardy loses specialty head
Hardy loses specialty headHardy loses specialty head
Hardy loses specialty head
 
Market cycle could become asymmetric: Sapnar
Market cycle could become asymmetric: SapnarMarket cycle could become asymmetric: Sapnar
Market cycle could become asymmetric: Sapnar
 
Nate Silver: Hillary Has A 50/50 Shot
Nate Silver: Hillary Has A 50/50 ShotNate Silver: Hillary Has A 50/50 Shot
Nate Silver: Hillary Has A 50/50 Shot
 
Test
TestTest
Test
 
Test
TestTest
Test
 
What Net Neutrality Opponents Are Saying Now — And Why It’s A Lot Of Hot Air
What Net Neutrality Opponents Are Saying Now — And Why It’s A Lot Of Hot AirWhat Net Neutrality Opponents Are Saying Now — And Why It’s A Lot Of Hot Air
What Net Neutrality Opponents Are Saying Now — And Why It’s A Lot Of Hot Air
 
Uber partners with Starwood Hotels to offer reward points for rides
Uber partners with Starwood Hotels to offer reward points for ridesUber partners with Starwood Hotels to offer reward points for rides
Uber partners with Starwood Hotels to offer reward points for rides
 
Test
TestTest
Test
 

Axis refuses to discuss second PartnerRe bid

  • 1. Axis refuses to discuss second PartnerRe bid Adam McNestrie 1 May 2015 More than a fortnight after the Agnelli family entered the fight to acquire PartnerRe, Axis Capital CEO Albert Benchimol declined to answer questions about the competing bid or to address the possibility that his company would increase its offer. "As has been reported, Exor made an unsolicited bid for PartnerRe on April 14. For legal reasons we will not be addressing this unsolicited offer during our prepared remarks or during the QA portion of this call," Benchimol told analysts after... Now that it is so easy to obtain online quotes for just about any type of insurance, there is absolutely no excuse for renewing a policy before doing an online check of the prices offered by other companies. Last year I purchased my house cover after getting a selection of quotes from a price comparison website. A few days ago I received a phone call from that insurer telling me that the renewal was imminent and that the price had only risen by a couple of pounds. When I answered that I was going to check prices from some other companies online before taking out a renewal, the insurer came up with a price about 20% cheaper than his original one. Nevertheless, I visited my favourite insurance price comparison site and proceeded to obtain precisely the same cover for another 20% less than his lowest quote. I've said it so many times and I'll say it again...Don't EVER renew any insurance before checking prices online. All of the insurers offer their lowest prices to first-time customers, so take advantage of this and switch to a new company whenever you can get a better price for equivalent or better cover. Unless there is a very good reason to stay with your current insurance company then don't fret over showing disloyalty to them, I bet that they won't show any loyalty to you if you're unfortunate to have to make a claim!. The following link has http://www.insurance-advisor.org.uk/uk-motor-insurance-in-th-event-of-an-accident/ If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership http://www.insuranceinsider.com/axis-refuses-to-discuss-second-partnerre-bid