AXIS to further boost savings while Q1 profits rise

AXIS CEO Albert Benchimol

As part of AXIS Capital’s transformation initiative to strengthen its operating model, the firm expects to deliver an additional run-rate cost savings of $40 million over the previously announced $60 million related to the integration of Novae, the company said while presenting the first quarter 2018 results.

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, Albert Benchimol, Insurance, Reinsurance, Results, First quarter 2018, Novae, Profit, Net income, Bermuda, Global

More on this story

AXIS Q2 results boosted by Novae acquisition and reserves
26-07-2018

AXIS bolsters board to drive growth
28-06-2018

AXIS Re unveils strategic overhaul, market expansion plans
01-06-2018

AXIS CEO calls 23% stock price drop 'greatest disappointment of the year'
27-03-2018

AXIS A&H CEO leaves amid reorganisation
24-01-2018

AXIS to further boost savings while Q1 profits rise

More on this story

Other related

More on this story

Sign up for the newsletter