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Axis Capital cedes nearly $600 million of premiums to ILS partners

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Bermuda-based insurer and reinsurer Axis Capital Holdings Ltd. doubled the volume of its premiums ceded through insurance-linked securities to third-party capital partners to nearly $600 million in 2018, Artemis.bm reports. Additionally, Axis Capital ceded $183 million to its special reinsurance joint venture, Harrington Re Ltd. 

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