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RESULTS: Axis Capital’s consolidated second quarter underwriting gain grew by 9 percent to $161mn, driven by a 35 percent increase in reinsurance underwriting profits to $46mn, while the insurance unit’s gain ticked up about 1 percent to $116mn... https://lnkd.in/ejTbaCZu AXIS (AXIS Capital) #Insurance #Reinsurance #Bermuda #Property #Casualty #insurancenews #reinsurancenews

This is a great post from Augment Risk! Their dedication to crafting customized strategies for each client is reshaping industry expectations. By focusing on specific business needs, they enable clients to achieve consistent, sustainable growth. Take a closer look at how they are driving success. #AugmentRisk #ClientFocused #RiskManagement #InnovativeSolutions

Preferable Investments of Reinsurance Companies Reinsurance companies are organizations that provide financial protection to insurance companies by assuming a portion of the risk they underwrite. Reinsurers enable insurance companies to manage their risk portfolio better, stabilize their underwriting results, and increase their capacity to write new business. To Continue reading: https://lnkd.in/d6NgVYJy #insurance #finance #risk #underwriting #investment

The Insurer reports: "AXIS UW gain grows to $161mn in Q2 after reinsurance underwriting profits surge" https://lnkd.in/eS7iBtEn AXIS (AXIS Capital) #insurance #reinsurance

I am excited to announce that I have successfully completed the ARe 321 - Exploring Reinsurance Products and Transactions course, further deepening my understanding of the reinsurance industry. This course has provided me with valuable insights into reinsurance products, key market transactions, and the critical role they play in managing complex risks. I look forward to applying this knowledge to drive more value and strategic initiatives in the reinsurance space. Thank you to everyone who has supported me along this journey! #Reinsurance #Insurance #RiskManagement #RiskTransfer #ReinsuranceSolutions #RiskMitigation #Underwriting #InsuranceIndustry #InsuranceProfessionals #ReinsuranceProducts #ReinsuranceTransactions #AlternativeRisk #AReCertification #GlobalInsurance #RiskAnalysis #ReinsuranceMarket #TheInstitutes

Localizing Reinsurance and Its Effect This process not only stabilises the financial performance of insurers but also enhances their capacity to underwrite new business. To Continue reading: https://lnkd.in/etzUwPQF #insurance #finance #business #underwriting #risk

AM Best downgrades A-CAP Group's long-term issuer credit rating amid concerns over reinsurance risks. Find out why the rating was revised downward and what it means for the group's future performance. https://hubs.la/Q02mjt_Y0 #AMBest #CreditRating #ReinsuranceRisks #FinancialStability #RiskManagement

Why struggle with complex compliance when you can automate it? Our reinsurance broking software keeps you on top of regulations, reduces manual tasks, and ensures you meet every deadline. Effortless compliance is just a click away! Book a demo now. #AutomateCompliance #ReinsuranceBrokers #RegulatoryAutomation #ComplianceSolutions #EffortlessReporting #StayAheadWithAgiliux #AgiliuxInnovation #AgiliuxCloudInsurance #CloudinsuranceSoftware #agiliuxreinsurancesoftware #reinsurancerokingmanagementsystem #reinsurancebrokingsoftware #reinsurancesoftware

“AM Best notes that the underwriting portfolios of Validus Reinsurance, Ltd. VRS are in the process of being de-risked significantly, as their business is being renewed with separate RenRe Holdings affiliates,” the agency said. Read the article for more: https://ow.ly/x3Wk50QKIN9 #Bermuda #Insurance #Reinsurance

The cost of reinsurance coverage is consistently rising globally, as indicated by the 2024 Moody Rating Agency survey. However, an insurance company can utilize these eight key strategies I have identified in this video to secure competitive pricing for its reinsurance program. #insurance #reinsurance #pricing #business