06-07-2017 05:28 via insuranceinsider.com

Axis to rebrand Novae and merge Lloyd's syndicates

The Novae name is set to become the latest Lloyd's brand to
be retired as Axis plans to bring the carrier under its own
corporate banner and merge the two syndicates, The
Insurance Insider can reveal.In an exclusive interview on the day Axis announced its deal to
buy Novae for $604mn, the CEOs of both firms told this publication
that the London-based (re)insurer would take the Axis name once the
deal closes, expected in the fourth quarter.
Axis boss...
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