Axis Carr: Rising Nat Cats Spur Market Dislocation

Published: Nov. 28, 2023, 7 a.m.

Michael Carr, head of U.S. excess and surplus property, Axis Wholesale, said dislocation in the marketplace is driven by increased frequency and severity of cat events, and a continued influx of submission activity. Carr spoke with AM Best TV at the 2023 WSIA Annual Marketplace in San Diego.