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Earnings Scheduled For April 28, 2021
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Axis Capital: Q1 Earnings Snapshot
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Romania Cyber Insurance Market Size Estimated to Reach $584.1 Million by 2026 Cyber Insurance in Healthcare Sector Is Growing Significantly Owing to Rapid Increase in Cyber-attacks, With the Digitization of Health Records and Increasing Penetration of the Internet.
BriefingWire.com, 4/20/2021 - The Romania Cyber Insurance Market size is estimated to surpass $584.1 million mark by 2026, growing at an estimated CAGR of more than 32.6% during the forecast period 2021 to 2026. Rising need for high security in case of online transactions, social media, and applications are increasing the security needs of the companies at a rapid rate. Cyber-attacks can cause severe financial and other losses to an organization or an individual. Cyber insurance policy/cyber liability insurance policies/cyber risk insurance allows an organizationâs liability for any kind of sensitive data breach, cyber extortion, and network interruption. The ma
14-10-2020
AXIS Capital Holdings has announced a preliminary first quarter net loss estimate for catastrophes and other weather-related events in the range of $105 million to $115 million, pre-tax ($95 million to $105 million, after-tax).
The pre-tax net loss estimate includes an amount of $80 million to $90 million for winter storms Uri and Viola, principally related to the state of Texas, and is consistent with industry insured losses of approximately $13 billion to $14 billion. The company also reaffirmed no change to its net loss estimate established for the COVID-19 pandemic in 2020.
Separately, AXIS Capital noted continuing improvements in its current accident year loss ratios excluding catastrophe and weather-related losses for its insurance and reinsurance segments consistent with the progress observed in 2020.
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