Axis fee income drops in Q1
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Axis fee income drops in Q1

axis_bermuda_logo_2021.png

Axis said lower fee income earned from strategic capital partners was the primary driver of a drop-off in other insurance income for Q1.

The other income fell by $6mn to $1mn for the quarter.

Ceded premium: The carrier has changed its detailed reporting on premium cessions to strategic partners, after last year exiting the catastrophe reinsurance space.

But

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article