Axis Q4 CoR rises 31 points to 125%, driven by adverse development
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Axis Q4 CoR rises 31 points to 125%, driven by adverse development

Its PPD ratio for the quarter jumped 34.2 points YoY to 33.6%.

By Kyoung-son Song
January 31, 2024
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Axis bermuda logo 2021.jpg

Axis Capital reported a Q4 2023 combined ratio of 124.6%, up 30.5 points year on year, due to its quarterly reserve charge pre-announced last week.

Its

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