AXIS Capital reports Third Quarter 2020 Results

Authored by AXIS Captial
For the third quarter of 2020, the Company reports:
- Improvement of 5.2 points in current accident year combined ratio, excluding catastrophe and weather-related losses, compared to the same period in the prior year
- Estimated pre-tax catastrophe and weather-related losses, net of reinsurance and reinstatement premiums, of $240 million, or 22.2 points
- No change to net loss estimate associated with first party coverages established for the COVID-19 pandemic in first quarter of 2020
- Book value per diluted common share of $54.75, a decrease of ($0.34), or (0.6%), compared to June 30, 2020
To view the full results from AXIS Capital CLICK HERE

At AXIS, specialty insurance and global reinsurance solutions are delivered with determination, passion and strength.
We're inspired by the opportunity to give people and organizations the confidence to take necessary risks in the pursuit of their goals and ambitions.
By virtue of being a specialty insurer and global reinsurer with deep expertise and a commitment to service, we have the capability to provide a broad range of solutions. We're not afraid to take on complex and volatile risks.
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