AXIS reports 124.6% CR on previously announced Q4’23 reserve strengthening
Reinsurance News - Feb 01, 2024
Bermuda-based AXIS Capital Holdings Limited has reported a net loss of $150 million for the fourth quarter of 2023 on the back of previously announced net adverse prior year reserve development of $425 million, as the firm’s combined ratio deteriorated by 30.5 percentage points to 124.6%. The...
Recommended Articles
Posted: Apr 08, 2026
Aon, a global provider of risk, retirement and health solutions, reports that facultative reinsuranc...
Posted: Apr 08, 2026
Global reinsurer Swiss Re has announced the appointment of Suzanne Revell as Head of Marine & En...
Posted: Apr 08, 2026
The Baldwin Group, an insurance distribution firm, has launched Azimuth Re, Ltd., a new member-owned...