Hashtag: #AXISCapital

AXIS Capital Appoints Miranda Hunter

AXIS Capital Appoints Miranda Hunter

AXIS Capital Holdings Limited announced the appointment of Miranda Hunter as Head of Investor Relations. A spokesperson said, “AXIS Capital Holdings Limited [AXIS Capital] announced the appointment of Miranda Hunter as Head of Investor Relations. In this role, Ms. Hunter will be responsible for leading AXIS Capital’s engagement with the investment... Read more of this article

AXIS Capital Launches Wholesale Division

AXIS Capital Launches Wholesale Division

AXIS Capital Holdings Limited announced that it has launched AXIS Wholesale, a new division dedicated specifically to servicing the wholesale market. A spokesperson said, “AXIS Capital Holdings Limited announced that it has launched AXIS Wholesale, a new division dedicated specifically to servicing the wholesale market. The division is being led... Read more of this article

AXIS Announce Actions To ‘Advance Leadership’

AXIS Announce Actions To ‘Advance Leadership’

AXIS Capital Holdings announced a “series of actions designed to advance leadership in specialty underwriting – and the latest in a multi-year effort that has seen the Company increase profitability, lower volatility, and strengthen the portfolio, all with an eye toward delivering greater value to existing and new customers. The company said,... Read more of this article

AXIS Capital Announces INSEAD Endowment

AXIS Capital Announces INSEAD Endowment

AXIS has endowed $250,000 to INSEAD in order to create the Michael A. Butt Fund for Business & Society. A spokesperson said, “AXIS Capital Holdings Limited announced today a $250,000 endowment to INSEAD, the business school for the world, to create a research fund on behalf of former AXIS Chair of the Board Michael Butt, OBE. The Michael A.... Read more of this article

AXIS Launches Portfolio Underwriting Unit

AXIS Launches Portfolio Underwriting Unit

AXIS Capital Holdings Limited has launched a Portfolio underwriting unit, which targets multi-class portfolio business that is placed in the London specialty insurance market. A spokesperson said, “The Portfolio team is now actively underwriting portfolios of multi-class risks on a follow-line basis, in conjunction with trusted and proven lead carriers. “The... Read more of this article

AXIS Capital Declares Quarterly Dividends

AXIS Capital Declares Quarterly Dividends

AXIS Capital Holdings Limited announced that its Board of Directors has declared a quarterly dividend of $0.43 per common share payable on April 18, 2022 to shareholders of record at the close of business on March 31, 2022. In addition, the Board declared a dividend of $34.375 per Series E 5.50% Preferred Share [equivalent to $0.34375 per depositary... Read more of this article

AXIS Capital Reports Fourth Quarter Net Income

AXIS Capital Reports Fourth Quarter Net Income

AXIS Capital Holdings Limited announced financial results for the fourth quarter ended December 31, 2021. Commenting on the fourth quarter 2021 financial results, Albert Benchimol, President and CEO of AXIS Capital, said: “This was a strong fourth quarter highlighted by an annualized operating ROE of 15%, a good finish to a year of meaningful... Read more of this article

AXIS Capital: Wilson To Depart, Tizzio Has Joined

AXIS Capital: Wilson To Depart, Tizzio Has Joined

AXIS Capital Holdings Limited announced a “planned executive transition within the Insurance segment.” The company said that Peter Wilson, currently CEO of the Insurance Segment, will depart AXIS at the end of the year, timed to the completion of his contract, and Vincent C. Tizzio has joined the Company as Senior Advisor – Insurance... Read more of this article

AXIS Appoints Kenneth Hosp As Vice President

AXIS Appoints Kenneth Hosp As Vice President

AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Limited [AXIS Capital], has appointed Kenneth [Kenny] Hosp as Vice President of the U.S. Excess Casualty team, effective immediately. “Mr. Hosp will be responsible for cultivating and strengthening relationships with wholesale distribution partners, enhancing new... Read more of this article

AXIS $100M Share Repurchase Authorization

AXIS $100M Share Repurchase Authorization

AXIS Capital announced the Company’s Board of Directors has “authorized the repurchase of up to $100 million of the Company’s common shares, which may be effected from time to time in open market or privately negotiated transactions through December 31, 2022.” The company said it “intends to repurchase common shares opportunistically,... Read more of this article

AXIS Insurance Enters Pet Insurance Market

AXIS Insurance Enters Pet Insurance Market

AXIS Insurance has entered the pet insurance market via its Accident and Health unit through a strategic relationship with Managing General Underwriter Petplan. AXIS Insurance will provide underwriting capacity for comprehensive pet insurance policies for dogs and cats in the U.S. and Canada. “Our relationship with Petplan is an exciting way for... Read more of this article

AXIS Introduces Supplier Diversity Policy

AXIS Introduces Supplier Diversity Policy

AXIS Capital Holdings Limited launched a “Supplier Diversity Policy designed to ensure a diverse supplier base by engaging certified Diverse Business Enterprises [DBEs] in its procurement process. “Our commitment to advancing diversity, equity and inclusion extends beyond our practices within AXIS and also applies to how we manage our supplier... Read more of this article

AXIS Capital Holdings 2021 Third Quarter Results

AXIS Capital Holdings 2021 Third Quarter Results

AXIS Capital Holdings Limited announced financial results for the third quarter ended September 30, 2021. Commenting on the third quarter 2021 financial results, Albert Benchimol, President and CEO of AXIS Capital, said: “Once again our industry was challenged by severe weather events and our focus continues to be on supporting our clients and the... Read more of this article