Axis Q2 CoR drops to 88.9% on favourable reserve development
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Axis Q2 CoR drops to 88.9% on favourable reserve development

The carrier had $20mn in reserve releases in the quarter, compared to nil in Q2 2024.

By Kyoung-son Song
July 29, 2025
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Axis Capital’s Q2 combined ratio (CoR) improved 1.5 points year on year to 88.9%, thanks to a combination of smaller cat losses and favorable reserve development in the quarter.

Pre-tax

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Topics

News Results Re/insurers Specialty lines Bermuda Axis Capital
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