Axis cuts cat share of January portfolio below 20%

James Thaler

27 January 2022

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Axis Capital cut the property catastrophe share of its 1 January renewal premiums from 27% to 17% year-on-year.

In an earnings call, CEO Albert Benchimol said that he expected lower volatility and an improvement in overall technical ratios as a result of the continued cuts to catastrophe exposure.

“Our

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Axis cuts cat share of January portfolio below 20%

Axis Capital cut the property catastrophe share of its 1 January renewal premiums from 27% to 17% year-on-year.

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Axis cuts cat share of January portfolio below 20%

Axis Capital cut the property catastrophe share of its 1 January renewal premiums from 27% to 17% year-on-year.

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Uncover exclusive insights tailored for insurance leaders

Topics

Universal ‘seeing more entrants coming into the market’: CEO Donaghy

ILS managers can differentiate on ESG factors: panel

Cyber ILS market 'yet to be tested’: panel

Sponsors routinely weigh cat bonds as part of their risk transfer strategy: panel

Jamaica’s $150mn cat bond prices at upper reach of guidance