Albert Benchimol, CEO of AXIS Capital
Losses from the COVID-19 pandemic overshadowed what otherwise would have been "an excellent quarter" for AXIS Capital Holdings, according to chief executive Albert Benchimol. The re/insurer's outlook is revised to 'negative' by Fitch Ratings due to its deteriorating combined ratio and foreseeable results.
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AXIS Capital, Albert Benchimol, First quarter 2020, Results, COVID-19, Losses, Insurance, Reinsurance, Bermuda, Global