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18 December 2023Insurance

Axis Capital wins spot in Sourcewell procurement pool with A&H offer

Bermuda-based specialist re/insurer Axis Capital was selected by US government and non-profit purchasing operator Sourcewell for a four-year offer of specialty accident and health (A&H) insurance for its buyer-members. 

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Insurance
26 April 2018   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.
Insurance
8 February 2018   Bermuda-based AXIS grew gross premiums written in its reinsurance segment by 62 percent year on year in the fourth quarter of 2017 excluding the Novae acquisition.
Insurance
29 October 2020   Chief executive Benchimol highlighted a 16% rate increase during Q3 in its insurance segment.