Archive

  • S&P's capital model review: this could hurt

    23 February 2022

    The rating agency's review of its capital methodology could leave insurers facing the prospect of rating changes and possible capital raising pressure, as Sarfraz Thind reports

  • Axis takes $240m cat losses hit in Q3

    29 October 2020

    "Exceptional levels" of cat losses this quarter as market is roiled by climate events

  • UK's BI judgement could be favourable for Axis, says CEO

    30 July 2020

    FCA test case keenly watched by US insurers, outcome expected in September

  • Axis makes $235m provision for Q1 coronavirus losses

    28 April 2020

    Warns of additional $65m cat provision and steep falls in investments

  • Bermuda taken off EU tax blacklist for now

    17 May 2019

    Moved to grey list, given until end of year to comply with tax rules

  • Axis hit by $30m typhoon loss creep

    25 April 2019

    The Bermudan insurer’s Q1 results were impacted by losses from 2018’s Japanese typhoons

  • Abir appoints chair for 2019-20

    09 January 2019

    Axis Capital president and CEO replaces RenRe's Kevin O'Donnell

  • Axis Capital and Insurlab Germany seek brightest student minds

    25 April 2018

    Axis launches risk management academy at University of Illinois

  • Axis to acquire Novae for $604m

    06 July 2017

    Deal creates London specialty insurer with $2bn of annual premiums

  • The 'winners' and losers from the Ogden rate change

    20 June 2017

    Insurers with lower retention rates increased their motor market share in Q1 as others were forced to raise prices faster. They are, however, likely to be hit harder during their reinsurance renewals, and the profits lost across the entire sector could reach £3.5bn. Callum Tanner reports