Axis swings to $130mn Q4 U/W profit despite higher cat activity
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Axis swings to $130mn Q4 U/W profit despite higher cat activity

The carrier’s Q4 CoR decreased 34.8 pts YoY to 94.2% as it reported favorable prior-year reserve development.

By Jairo Ibarra
January 29, 2025
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Axis Capital Q4 combined ratio (CoR) improved 34.8 points to 94.2% despite higher cat activity as the carrier reported favorable prior-year reserve development of $16mn.

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News Bermuda Results Axis Capital
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