Axis to post $136mn derivative hit in Q3
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Axis to post $136mn derivative hit in Q3

19 October 2009
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Bermudian domiciled (re)insurer Axis Capital says it expects its third-quarter operating income to be impacted by an increase of approximately $136mn in the fair value liability of an indemnity derivative contract that is exposed to longevity risk.

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News October 2009/3
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