AXIS Capital News
AXIS Estimates Pre-Tax California Wildfire Losses Could Hit $150M
AXIS Capital Holdings Ltd. predicts between $125 million and $150 million in pre-tax losses for the 2018 fourth quarter stemming primarily from California wildfires. AXIS said that the preliminary ...
Taming the Data Storm: Business Strategy for Specialty Insurers
Harnessing data effectively is the specialty insurance sector's next great evolutionary step. Success in underwriting will soon demand that carriers strategically tap into the enormous pools of data ...
S&P Changes Lloyd’s Outlook to Negative; Cat Loss Tallies Continue
While affirming the A+ financial strength rating of the Society of Lloyd's, S&P Global Ratings announced said Thursday that it revised the rating outlook to negative from stable in the wake of ...
RMS Releases Cyber Modeling System Created With Industry Support
RMS is debuting its new cyber modeling system, entering a market that CEO Hemant Shah has said is a "pretty significant opportunity for the industry." What's more, the firm collaborated with a number ...
Ahead of Merger Vote, PartnerRe & AXIS Release Preliminary Q2 Numbers
PartnerRe and AXIS Capital Holdings Ltd. won't be holding their merger shareholder vote until August 7. In the meanwhile, they've released preliminary 2015 second-quarter results, underscoring the ...
SNL’s Top 15 Reinsurers: M&A Fails to Push Europeans Out of Leader Spots
SNL Financial published a list of the top 15 global reinsurers last week, showing the major European reinsurers in the top four spots. The ranking is based on 2014 assumed reinsurance premiums for ...
A.M. Best Clarifies Stance on AXIS-PartnerRe Deal
While characterizing their opinion as neither an endorsement nor a recommendation of the proposed merger of AXIS Capital and PartnerRe, rating analysts from A.M. Best clarified that their stance on ...
Sizing Up the P/C M&A Landscape; Analyst Wary of ‘Industrial’ Buyers
A fixed income analyst specializing in the property/casualty insurance sector is growing uncomfortable with a potential trend he sees developing in the M&A landscape—interest in insurance ...