Hashtag: #AXISCapital

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

AXIS Appoints Bennett As Senior Underwriter

AXIS Appoints Bennett As Senior Underwriter

AXIS Reinsurance, the reinsurance business segment of AXIS Capital Holdings Limited, announced that it has appointed William Bennett as Senior Underwriter, Property Reinsurance at Lloyd’s. Mr. Bennett will join AXIS Re in March 2019 and will be responsible for underwriting all Property Reinsurance lines at Lloyd’s for AXIS Re, with a particular... Read more of this article

AXIS Appoints James Hamilton As Global Head

AXIS Appoints James Hamilton As Global Head

AXIS Insurance, the insurance business segment of AXIS Capital Holdings Limited, announced that James “Jay” Hamilton has been appointed to the newly created role of Global Head of Accident & Health Insurance, effective immediately. In this role, Mr. Hamilton will be responsible for leading AXIS Insurance’s Accident & Health business in... Read more of this article

Ventresca Appointed Axis Chief Strategy Officer

Ventresca Appointed Axis Chief Strategy Officer

AXIS Capital Holdings Limited announced that Linda Ventresca has been appointed to the newly created position of Chief Strategy Officer. Reporting directly to President and CEO Albert Benchimol, Ms. Ventresca will be responsible for guiding the development of the Company’s strategic priorities and for driving the delivery of those priorities across... Read more of this article

AXIS Accelerating Digital Technologies Efforts

AXIS Accelerating Digital Technologies Efforts

AXIS Capital Holdings announced the launch of AXIS Digital Ventures, a new unit they said “will lead enterprise-wide efforts to partner with entrepreneurial companies focused on data and analytics with high value [re]insurance applications, new product opportunities including emerging risks, and new distribution and [re]insurance business models.” “AXIS... Read more of this article

AXIS Report Second Quarter Net Income: $93M

AXIS Report Second Quarter Net Income: $93M

Bermuda-based AXIS Capital Holdings reported net income available to common shareholders for the second quarter of 2018 of $93 million, or $1.11 per diluted common share, compared to net income of $85 million, or $1.01 per diluted common share, for the second quarter of 2017. Net income available to common shareholders for the six months ended June... Read more of this article

AXIS Appoints Barbara Yastine To Board

AXIS Appoints Barbara Yastine To Board

AXIS Capital Holdings announced that Barbara A. Yastine has been appointed to the Company’s Board of Directors, effective July 1, 2018. A respected leader in the financial services and risk management sectors, Ms. Yastine was previously the CEO at Ally Bank and also served in the CFO role at Credit Suisse First Boston and in Citigroup’s Global... Read more of this article