AXIS expects up to $120m loss from hurricane Michael

12-11-2018

AXIS expects up to $120m loss from hurricane Michael

iStock/ Petesphotography

Bermuda-based specialty lines insurance and treaty reinsurance provider AXIS Capital Holdings estimated its pre-tax loss from hurricane Michael in the range of $100 million to $120 million, net of estimated recoveries from reinsurance and retrocessional covers and including the impact of estimated reinstatement premiums.


AXIS Capital, Catastrophe, Insurance, Reinsurance, Losses, Bermuda, North America

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