Axis pulls out of property reinsurance, Arora exits in reshuffle
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Axis pulls out of property reinsurance, Arora exits in reshuffle

Rachel Dalton
07 June 2022
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
Axis logo bermuda boats harbor.jpg

Axis Capital is to discontinue its $700mn property reinsurance book as it looks to complete work to refocus on specialty coverage and eliminate cat exposure.

The company did not provide details in its announcement on how the closing of the property reinsurance segment would impact staff, but sources told this publication around 60 roles will be eliminated.

Axis

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Reinsurers Axis Capital Talent
rachel dalton/rachel dalton ii red.png
Rachel Dalton
Lead Reporter
Contact
Gift this article