27-04-2020
AXIS CEO Albert Benchimol; Source: AXIS Capital
Bermuda-based re/insurer AXIS Capital Holdings has revealed an estimated net claims provision of $235 million, pre-tax, for the COVID-19 pandemic. Chief executive Albert Benchimol highlighted that the company is "well-positioned" to manage through the pandemic, supported by a "strong capital adequacy" and a balanced book of business.
AXIS, Coronavirus, Insurance, Reinsurance, Claims, Albert Benchimol, Bermuda
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