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Gino Smith Appointed To AXIS Re In Zurich

Gino Smith Appointed To AXIS Re In Zurich

AXIS Re, the reinsurance business segment of AXIS Capital Holdings Limited, announced that Gino Smith has been named Head of Property for EMEA LatAm, effective November 2019. In this role, Mr. Smith will oversee AXIS Re’s Property Treaty reinsurance business in Europe, Middle East and Africa, as well as Latin America. Mr. Smith will be based in Zurich... Read more of this article

Busti Joins AXIS Re: President Of North America

Busti Joins AXIS Re: President Of North America

Jason Busti has joined AXIS Capital Holdings Limited reinsurance arm, AXIS Re as President of North America, based in New York. A spokesperson said, “Bermudian global re/insurer AXIS Capital Holdings Limited has announced that Jason Busti has joined its reinsurance arm, AXIS Re as President of North America, based in New York. “Jason Busti... Read more of this article

AXIS Reports Second Quarter Income Of $166M

AXIS Reports Second Quarter Income Of $166M

Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the second quarter of 2019 of $166 million, or $1.97 per diluted common share, compared to net income of $93 million, or $1.11 per diluted common share, for the second quarter of 2018. Net income available to common shareholders for the six months ended... Read more of this article

AXIS Prices Offering Of $300 Million Notes

AXIS Prices Offering Of $300 Million Notes

Bermuda-based AXIS Capital Holdings Limited announced that its subsidiary, AXIS Specialty Finance LLC, has priced an offering of $300 million aggregate principal amount of 3.900% Senior Notes due 2029, fully and unconditionally guaranteed by AXIS Capital, pursuant to an effective shelf registration statement. The Issuer intends to use the proceeds from... Read more of this article

AXIS Launches Refreshed Brand & Logo

AXIS Launches Refreshed Brand & Logo

AXIS Capital Holdings has launched a refreshed brand, logo and website. “The new visual identity is dynamic and forward-looking, and reflects the steps AXIS is taking to be a future-ready company,” the company said. “AXIS announced the refreshed brand, logo and website in conjunction with the launch of a new brand awareness advertising... 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. The common dividend will be payable on July 15, 2019, to shareholders of record at the close of business on June 28, 2019. In addition, the Board declared a dividend of $0.34375 per Series D 5.50%... Read more of this article

AXIS Report First Quarter Net Income: $98M

AXIS Report First Quarter Net Income: $98M

Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the first quarter of 2019 of $98 million, or $1.16 per diluted common share, compared to net income of $63 million, or $0.75 per diluted common share, for the first quarter of 2018. Operating income for the first quarter of 2019 was $105 million, or... Read more of this article

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