Axis capital and stone point credit launch monarch point re

Pembroke, bermuda--(business wire)---- $axs #insurance--axis capital holdings limited (nyse: axs) (“axis capital” or “axis” or the “company”) together with its direct and indirect subsidiaries and branches announced today that it has partnered with stone point credit adviser llc (together with its credit-focused affiliates, “stone point credit") to launch monarch point re, a newly created collateralized reinsurer. the launch was accompanied by a capital raise of over $400 million of equity, including a $75 million.
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