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AM Best Affirms Axis Capital’s A Financial Strength Rating

AXIS Capital logoAXIS Capital
Sig2.35Sen+3.85Env0.00Soc+0.25Gov+2.15

AM Best said Axis Capital’s specialty-focused business is stable, affirming the company’s A financial strength rating and related long-term issuer credit ratings with a stable outlook. The agency pointed to improved underwriting and profitability, strongest balance-sheet assessment, favourable reserve development, and effective enterprise risk management, while noting casualty reserve strengthening in 2023 tied to inflation.

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