Profits dip at AXIS despite 'solid quarter' with positive momentum
29-07-2020
AXIS CEO Benchimol says COVID-19 losses overshadowed 'an excellent quarter'
05-05-2020
AXIS Capital outlook downgraded to negative due to COVID-19 impact
04-05-2020
Re/insurer AXIS Capital Holdings is facing more downgrades from international ratings agencies after it reported a first quarter net loss of $185 million, $235 million of COVID-19 related losses and a deteriorating combined ratio. The company, however, is "confident" that the actions it has taken to improve its book of business will help earn back the "superior rating".
The rest of this article is locked. Please login to continue reading.
If you don't have a login, you will need to purchase a subscription to gain access to this article, and all the other content. Please use this link and follow the steps.
To take out a free two week trial, use the same link but select the 'trial' option in the dropdown box.
For multi-user price options, or to check if your company has an existing subscription we can add you into, please email Elliot at efield@newtonmedia.co.uk
AXIS Capital Holdings, Ratings, AM Best, S&P, Fitch Ratings, Net loss, Q1, Combined ratio, Coronavirus, Insurance, Reinsurance, Bermuda
