Profits dip at AXIS despite 'solid quarter' with positive momentum

AXIS CEO Albert Benchimol; Source: AXIS Capital

Bermuda-based re/insurer AXIS Capital Holdings saw a drop in net profit in the second quarter 2020, but highlighted a "positive momentum" in the underlying performance, as well as opportunities to capitalise on firming market conditions.

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AXIS Capital holdings, 2020 results, Insurance, Reinsurance, Albert Benchimol, Bermuda

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