24 January 2024Insurance

AXIS ups prior year reserves by $425 million

Claims increases in liability and professional lines have prompted AXIS Capital Holdings to increase its prior year reserves by $425 million. 

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More on this story

Insurance
2 August 2019   AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings has appointed Jason Busti as president of North America.
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.