Axis reports improved profit in Q4
09 February 2010
Bermudian insurer and reinsurer Axis Capital Holdings has reported net income for the fourth quarter of 2009 of $282m, compared with net income of $131m for the corresponding period in 2008.
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Bermudian insurer and reinsurer Axis Capital Holdings has reported net income for the fourth quarter of 2009 of $282m, compared with net income of $131m for the corresponding period in 2008. Net income for the full year of 2009 was $461m, compared with $351m the year before.
Gross premiums written increased 9% in the quarter to $574m and increased 6% to $3.6bn for the year. The combined ratio of...
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