Italian investment company Exor’s request for information from PartnerRe has been denied by the Supreme Court of Bermuda.
On June 3, 2015, Exor filed a lawsuit against PartnerRe seeking to obtain customary beneficial ownership information.
PartnerRe said: “Exor’s application has been denied and EXOR has been ordered to pay PartnerRe’s costs. We are pleased with this outcome.”
Previously, the reinsurer had said: “Exor’s claims are without merit. We have complied with our obligations regarding the disclosure of shareholder information under applicable Bermuda and US laws.”
Exor, PartnerRe, Mergers & Acquisitions, Axis, Bermuda, Europe