S&P goes negative on Axis ratings as Covid-19 delays turnaround
Axis Capital has seen its ratings outlook revised from stable to negative by S&P Global Ratings after the (re)insurer posted a net loss of $185mn for 2020’s first quarter.
Axis Capital has seen its ratings outlook revised from stable to negative by S&P Global Ratings after the (re)insurer posted a net loss of $185mn for 2020’s first quarter.