Hashtag: #AXISCapital

Hottinger Appointed President Of EMEA LatAM

Hottinger Appointed President Of EMEA LatAM

AXIS Re, the reinsurance business segment of AXIS Capital Holdings Limited, announced the appointment of Andy Hottinger as President of its EMEA LatAm division. Mr. Hottinger succeeds longtime AXIS Re colleague and EMEA LatAm President Jan Ekberg, who will retire in July following a 45-year career in the [re]insurance industry, which has included 15... Read more of this article

AXIS Capital Appoints Lizabeth Zlatkus To Board

AXIS Capital Appoints Lizabeth Zlatkus To Board

AXIS Capital Holdings announced that Lizabeth Zlatkus has been appointed to the Company’s Board of Directors, effective March 15, 2019. “Liz is an exceptional leader who brings experience building and leading engaged and profitable insurance organizations, both in the U.S. and internationally,” said Michael A. Butt, AXIS Capital Board of Directors... Read more of this article

AXIS Capital Reports Fourth Quarter Results

AXIS Capital Reports Fourth Quarter Results

Bermuda-based AXIS Capital Holdings Limited reported net loss attributable to common shareholders for the fourth quarter of 2018 of $198 million, or $[2.37] per diluted common share, compared to net loss of $38 million, or $[0.46] per diluted common share, for the fourth quarter of 2017. Net income available to common shareholders for the year ended... Read more of this article

AXIS Capital Names Keith Schlosser As CIO

AXIS Capital Names Keith Schlosser As CIO

AXIS Capital Holdings Limited announced the hiring of Keith Schlosser as Chief Information Officer. Mr. Schlosser will lead the Company’s global information technology strategy with responsibility for partnering with its Insurance and Reinsurance business segments and other departments to drive change throughout the organization by delivering high-quality,... Read more of this article

Butt Inducted Into Insurance Hall Of Fame

Butt Inducted Into Insurance Hall Of Fame

AXIS Capital Holdings Limited announced that the International Insurance Society [IIS] has inducted Michael Butt OBE, Chairman of AXIS Capital, into the Insurance Hall of Fame and named Mr. Butt the 2019 Insurance Hall of Fame Laureate. Mr. Butt will be honored at the IIS Global Insurance Forum’s Gala Awards taking place on June 20 in Singapore. “We... Read more of this article

AXIS Wildfire Loss Estimates: $125-$150 Million

AXIS Wildfire Loss Estimates: $125-$150 Million

AXIS Capital Holdings announced a preliminary pre-tax loss estimate for California wildfires in the range of $125 million to $150 million, net of estimated recoveries from reinsurance and retrocessional covers and including the impact of estimated reinstatement premiums. “The estimate includes losses from aggregate excess of loss reinsurance... Read more of this article

AXIS Capital Declares $0.40 Quarterly Dividends

AXIS Capital Declares $0.40 Quarterly Dividends

Bermuda-based AXIS Capital Holdings Limited announced that the Company’s Board of Directors has declared a quarterly dividend of $0.40 per common share, which represents an increase of 2.6%. The common dividend will be payable on January 15, 2019 to shareholders of record at the close of business on December 31, 2018. In addition, the Board declared... Read more of this article

AXIS Creates Global Cyber & Technology Unit

AXIS Creates Global Cyber & Technology Unit

AXIS Insurance, the insurance business segment of AXIS Capital Holdings, announced the launch of a consolidated Global Cyber and Technology unit. Led by Dan Trueman, Global Head of Cyber & Technology, the unified global team will enable AXIS to more effectively deliver the full range of its cyber and technology insurance capabilities, underwriting... Read more of this article

AXIS Report Third Quarter Net Income: $43M

AXIS Report Third Quarter Net Income: $43M

Bermuda-based AXIS Capital Holdings reported net income available to common shareholders for the third quarter of 2018 of $43 million, or $0.52 per diluted common share, compared to net loss of $468 million, or $[5.61] per diluted common share, for the third quarter of 2017. Net income available to common shareholders for the nine months ended September... Read more of this article

AXIS Appoints Hardwick To Board Of Directors

AXIS Appoints Hardwick To Board Of Directors

Bermuda-based AXIS Capital Holdings announced that Elly Hardwick has been appointed to the Company’s Board of Directors, effective November 1, 2018. “A leader in the FinTech industry, Ms. Hardwick has held senior leadership roles at Credit Benchmark Ltd., Thomson Reuters and, most recently, Deutsche Bank AG, where she was Head of Innovation,”... Read more of this article

Fitch Affirms AXIS, Maintains Negative Outlook

Fitch Affirms AXIS, Maintains Negative Outlook

Fitch Ratings has affirmed the ‘A+’ [Strong] Insurer Financial Strength [IFS] ratings of the operating subsidiaries of AXIS Capital Holdings. In addition, Fitch has affirmed AXIS Capital’s ‘A-’ Issuer Default Rating [IDR]. The Rating Outlook is Negative. The ratings agency said, “AXIS Capital’s ratings continue... Read more of this article

AXIS Capital Declares $0.39 Quarterly Dividend

AXIS Capital Declares $0.39 Quarterly Dividend

Bermuda-based AXIS Capital Holdings Limited announced that the Company’s Board of Directors has declared a quarterly dividend of $0.39 per common share. The common dividend will be payable on October 15, 2018 to shareholders of record at the close of business on October 9, 2018. In addition, the Board declared a dividend of $0.34375 per Series D 5.50%... Read more of this article

AXIS & DUAL On Environmental Risk Program

AXIS & DUAL On Environmental Risk Program

AXIS Insurance, the insurance business segment of AXIS Capital Holdings Limited, announced that it has partnered with DUAL North America, the underwriting arm of the Hyperion Insurance Group, to provide a broad environmental risk product offering for contractors, consultants and engineers in the United States. DUAL North America will operate as a managing... Read more of this article