AXIS Initial Comments On Third Quarter Results

AXIS Capital Holdings Limited announced a third quarter net loss estimate for catastrophes and other weather-related events of approximately $250 million, pre-tax, [$219 million, after-tax]. A spokesperson said, “The pre-tax net loss estimate includes $175 million for Hurricane Ida, consistent with industry insured losses of approximately $35 billion and $55 million for July European floods, consistent […]

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