BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Axis Capital expects $104 million in second quarter cat losses


Bermuda-based insurer and reinsurer Axis Capital Holdings Ltd. is expecting $104 million in catastrophe and weather-related losses in the second quarter of 2016, The Royal Gazette reports.

Axis expects pre-tax net losses of $41 million and about $63 million within its insurance and reinsurance segments, respectively. The Fort McMurray wildfires in Canada, floods in Europe as well as the Japanese and Ecuadorean earthquakes cost Axis $71 million. Several weather events in the United States cost Axis $33 million.

Read more