Axis utilised both ILS and traditional reinsurance to bring down PML (probable maximum loss) levels to those existing before the Novae acquisition, Axis chief financial officer Peter Vogt said in an earnings call yesterday.
Axis utilised both ILS and traditional reinsurance to bring down PML (probable maximum loss) levels to those existing before the Novae acquisition, Axis chief financial officer Peter Vogt said in an earnings call yesterday.