Axis fee income defies fall in ceded premium in Q4
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Axis fee income defies fall in ceded premium in Q4

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Axis said that it ceded $31.1mn of premiums to its strategic capital partners in Q4, which continued to fall sharply year-on-year as it stopped sharing primary business with these partners in the period.

The company recorded improvements to its combined ratio as catastrophe losses fell, making an underwriting profit that equated to a 93.1%

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