Axis slashes primary cyber and finpro lines in ‘moderating environment’
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Axis slashes primary cyber and finpro lines in ‘moderating environment’

Rachel Dalton
November 02, 2023
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Axis Capital cut professional lines insurance premiums by 10% and cyber insurance by 19% during Q3 as pricing continues to soften in these areas.

On a conference call to discuss the carrier’s third-quarter results, CEO Vince Tizzio said Axis grew premium by double-digit percentages, except in these two lines.

In

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