UPDATE 1-Del Vecchio not steering for Generali, AXA merger - source <!-- no image --> <div>* Shares in Axa rise 9%, Generali, Zurich up 4% (Adds comments, background)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=PBeZd5wvhv8:qzkCt9qNdic:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=PBeZd5wvhv8:qzkCt9qNdic:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=PBeZd5wvhv8:qzkCt9qNdic:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=PBeZd5wvhv8:qzkCt9qNdic:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=PBeZd5wvhv8:qzkCt9qNdic:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/PBeZd5wvhv8" height="1" width="1" alt=""></div> Posted by Reuters