
Axis to buy Novae for £468m

The Bermuda-based specialty lines reinsurer said itself and Novae were “two complementary businesses”.
The board of Novae has recommended the deal to its shareholders, who will vote on the terms soon
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In memory
With great sadness we confirm that Sir David Rowland, our former Chairman from 1993 to 1997, has passed away. He played a critical role in safeguarding the future of the Lloyd’s market through perhaps its most difficult period.
— Lloyd's (@LloydsofLondon) February 18, 2019
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