AXIS Capital is going where fewer and fewer insurance companies dare to go. Comprised of Axis Insurance and Axis Re, the company offers specialty insurance and treaty reinsurance. Its specialty coverage includes terrorism, aviation and marine war, and political risk; commercial property; professional liability; and onshore and offshore energy. AXIS Capital's reinsurance products, which allow for risk-sharing among insurance companies, include catastrophe, property, liability, credit, auto, and engineering lines. The company has has operations in Australia, Bermuda, Canada, Ireland, Singapore, Switzerland, the UK, and the US. AXIS Capital is merging with PartnerRe in an $11 billion merger of equals.