Axis abandons January launch for start-up

The launch of the joint venture reinsurer planned by Axis and
Blackstone has been delayed into 2016, sister title
Trading Risk reported at the end of last
week.
The two parties revived work on the project around September,
after it was temporarily shelved while Axis management concentrated
on its ultimately unconsummated deal with PartnerRe.
At the time, Axis let it be quietly known within the industry
that it was going to fast-track its fundraising efforts to ensure
that the joint...