Axis Q1 CoR slims to 91.4% as firm shrinks in reinsurance
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Axis Q1 CoR slims to 91.4% as firm shrinks in reinsurance

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Axis Capital reported a 7.5-point improvement in its Q1 combined ratio to 91.4% and a decline in both its reinsurance gross and net written premiums.

The reduction in the top line of the company’s business presages a move to divest the unit, as reported by this publication.

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