S&P's capital model review: this could hurt

The rating agency's review of its capital methodology could leave insurers facing the prospect of rating changes and possible capital raising pressure, as Sarfraz Thind reports


People moves: Allianz and Axis Capital

InsuranceERM rounds up the latest risk-related people moves in the insurance industry


Axis takes $240m cat losses hit in Q3

"Exceptional levels" of cat losses this quarter as market is roiled by climate events


Bermudian insurers forecast heavy Q3 natcat hits

RenaissanceRe, Axis Capital and Arch Capital estimate large Q3 losses including from fires and hurricanes


UK's BI judgement could be favourable for Axis, says CEO

FCA test case keenly watched by US insurers, outcome expected in September


Re/insurers face wider scrutiny from climate activists

Unfriend Coal becomes Insure Our Future to cover all fossil fuels


Axis Capital hit by $235m Covid-19 losses in Q1

The Bermudian-insurer posted total catastrophe losses of $300m


Axis makes $235m provision for Q1 coronavirus losses

Warns of additional $65m cat provision and steep falls in investments


Axis Capital hit by $140m Q4 cat losses

Insurer has remote exposure to coronavirus - including a $10m pandemic bond


Axis expects nat cat losses of $140m in Q4 2019

Typhoon Hagibis the main contributor to losses