Hashtag: #AXISCapital

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

AXIS Name Rohrmann Investor Relations Head

AXIS Name Rohrmann Investor Relations Head

AXIS Capital Holdings Limited has named Matthew Rohrmann as its Head of Investor Relations. In this role, Mr. Rohrmann will be responsible for leading AXIS Capital’s engagement with the investment community and proactively communicating the Company’s vision, strategy and financial story. Mr. Rohrmann will report directly to CFO Peter Vogt and will... Read more of this article

AXIS Reports First Quarter Income Of $63M

AXIS Reports First Quarter Income Of $63M

Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the first quarter of 2018 of $63 million, or $0.75 per diluted common share, compared to net income of $5 million, or $0.06 per diluted common share, for the first quarter of 2017. Operating income1 for the first quarter of 2018 was $123 million, or... Read more of this article

AXIS Launches Cyber Center Of Excellence

AXIS Launches Cyber Center Of Excellence

Addressing the more than $445 billion cost that companies incur each year due to the threat of cybercrime and cyberattacks, AXIS Capital Holdings Limited announced the launch of the AXIS Cyber Center of Excellence. It will provide a broad range of commercial insurance protection and mitigation solutions for tangible and intangible assets, relating... Read more of this article

A.M. Best Revises Outlooks For AXIS Capital

A.M. Best Revises Outlooks For AXIS Capital

A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A+ [Superior] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “aa-” of the operating subsidiaries of Bermuda-based AXIS Capital Holdings. Additionally, A.M. Best has revised the outlook to negative from stable and affirmed the Long-Term... Read more of this article