Axis grows reinsurance top line by 21% on QS and multi-year deals

Gross written premiums (GWP) in the reinsurance segment of Axis
climbed by more than 20 percent in Q1 driven by an increase in
proportional business in marine, liability and motor lines, as well
as a higher number of multi-year policies.
Reinsurance premium increased by $230mn to $1.3bn compared to
the first three months of 2015.
Axis said the top line growth was affected by an increase in the
number of policies that had been written on a multi-year basis in...