30 April 2014Insurance

AXIS Q1 profits fall; warns on weaker conditions

AXIS Capital enjoyed some growth in its first quarter results, especially in its reinsurance book. But a mixture of lower investment income and property losses hit its profitability as its CEO warned on weaker market conditions.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Australia insurers face $3.4bn weather loss, up 727% YoY

21 April 2026 Queensland events dominate as claims volumes jump sixfold in 2025.

Florida local carriers take 14% premium growth in ‘25; profits abound

21 April 2026 State Farm posts only growth among national names; Allstate & Travelers down double-digit.

Gallagher agrees: nat cat insured losses drop to $20bn in first quarter

21 April 2026 But skyrocketing other factors, not just weather damage, drive replacement costs.

More articles

Australia insurers face $3.4bn weather loss, up 727% YoY

Ariel Re, Liberty and QBE take podium as three biggest Lloyd's reinsurance syndicates

Florida local carriers take 14% premium growth in ‘25; profits abound

Gallagher agrees: nat cat insured losses drop to $20bn in first quarter

Data centre investment could hit $10tr by 2030, says Aon

CFC pilots agentic underwriting with AI-driven quoting tool

AM Specialty adds former AM Best CEO to board

Gallagher launches carbon removal risk intelligence service with Kita

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze