Printed from BusinessInsurance.com

Paris Re launches IPO

Posted On: Jun. 28, 2007 12:00 AM CST

PARIS—Paris Re Holdings Ltd. has launched an initial public offering on Euronext's Eurolist exchange.

Paris Re, which is based in Zug, Switzerland, will raise up to €311.9 million.

Trading of the shares is expected to begin on July 13. Paris Re was formerly the AXA Re unit of AXA S.A.