Axis pulls multi-billion legacy deal ahead of Q4 earnings
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Axis pulls multi-billion legacy deal ahead of Q4 earnings

Adam McNestrie
January 23, 2024
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Axis Capital tested the legacy market in Q4 on a reserve protection for multiple billions of dollars of subject casualty and professional lines reserves, but withdrew without consummating a transaction, this publication can reveal.

Sources had previously indicated that there was a massive legacy deal under consideration by the market, but the identity of the counterparty was closely guarded.

It

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Topics

NewsAonAxis CapitalResultsLegacyEarnings
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Adam McNestrie
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