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Axis Capital estimates Q3 catastrophe losses of $150M-$175M

Oct. 10, 2019 4:34 PM ETAXIS Capital Holdings Limited (AXS) StockBy: Liz Kiesche, SA News Editor
  • Axis Capital Holdings (NYSE:AXS) estimates Q3 preliminary pretax loss for Hurricane Dorian, Japanese typhoons, and other weather-related events at $150M-$175M.
  • The figure is net of estimated recoveries from reinsurance and retrocessional covers, and includes the impact of estimated reinstatement premiums.

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