Bermuda was front and center for yet another major merger in the insurance sector. This time around, it’s French insurer AXA buying out Bermuda-based XL Group. Toni Waterman takes a look at the impetus behind deal. | Bermuda Broadcasting Company | Facebook

AXA XL is looking to sell its iconic building at #1 Bermudiana Road, known as O'Hara House, Bermuda Broadcasting can reveal. Axa XL is one of the largest Bermuda-based insurers and re-insurers, but is essentially looking to shed the real estate function associated with owning such a large building. Cooper Stevenson has the story. #Bermuda #insurance #offshore #internationalbusiness | Bermuda Broadcasting Company