Axis forecasts $212mn in Q3 cat losses including $160mn Ian hit
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Axis forecasts $212mn in Q3 cat losses including $160mn Ian hit

Axis logo hurricane damage flooding.jpg

Axis Capital has recorded $212mn in Q3 pre-tax catastrophe losses, of which $160mn is related to Hurricane Ian.

Axis said its insurance business is expected to book $100mn in Ian losses and $13mn in losses related to other weather events.

The

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