AXIS Capital, the Bermuda headquartered specialty insurance and reinsurance company, has revealed an expectation that the Covid-19 pandemic will drive some $235 million of losses, the majority of which will be in its property book. AXIS Capital gave a preview of the expected first-quarter hit to earnings from catastrophe events and severe weather losses, revealing… Continue reading AXIS Sets $235M Loss Reserve for Covid-19, Largely from Property Lines
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