Axis Re GWP falls by nearly 7% as cat property exit continues

01 August 2023

Axis Capital’s gross written premiums for Q2 2023 overall grew 8.1% to $2.3bn, as the insurance segment’s 14.6% top-line growth was offset by the GWP decline in reinsurance.

Axis Re’s GWP in Q2 2023 fell by 6.8% to $600mn, following the carrier’s exit from property cat in June 2022.

Reinsurance

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