Axis cut cyber exposure by 40%, averaged 50% cyber rate increases in 2021
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Axis cut cyber exposure by 40%, averaged 50% cyber rate increases in 2021

James Thaler
28 January 2022
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Axis Capital cut its gross cyber exposure by 40% since June and achieved an average 50% rate increase in the line in 2021, CEO Albert Benchimol said on Thursday. He also said the company increased the retention on its cyber quota reinsurance treaty at renewal.

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