AXIS CEO calls 23% stock price drop 'greatest disappointment of the year'


Bermuda-based AXIS was hit hard by natural catastrophes 2017 but CEO Albert Benchimol believes that the financial impact of the year’s challenges on the company do not explain the 23 percent drop in the firm’s share price and suggested that it was further exacerbated by questions relating to the Novae acquisition.

AXIS Capital Holdings, Albert Benchimol, Novae Group, Acquisition, Merger, Insurance, Shares, Price, Decline, Losses, Bermuda, North America, Global

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