Hashtag: #AXISCapital
Greetham & Zeller Retire From AXIS Board
AXIS Capital Holdings Limited, announced the retirement of Christopher V. Greetham and Wilhelm Zeller, two longtime members of the Company’s Board of Directors, effective December 31, 2020. “We are grateful for the tremendous leadership and invaluable counsel that Chris and Willie provided to AXIS, particularly in helping the Company navigate through... Read more of this article
Axis Capital Declares $0.42 Quarterly Dividend
Bermuda-based AXIS Capital Holdings Limited announced that its Board of Directors has declared a quarterly dividend of $0.42 per common share, which represents an increase of 2.4%. The common dividend will be payable on January 15, 2021, to shareholders of record at the close of business on December 31, 2020. 2020 is the 17th consecutive year the Company... Read more of this article
Axis Capital Reports 2020 Third Quarter Results
AXIS Capital Holdings Limited announced financial results for the third quarter ended September 30, 2020. Commenting on the third quarter 2020 financial results, Albert Benchimol, President and CEO of AXIS Capital, said: “This was a quarter in which the world and our industry were impacted by exceptional levels of cat loss activity. First and... Read more of this article
AXIS & Kennedys Launch New Insurance Product
AXIS Insurance and Kennedys Law announced a collaboration for services in connection with the AXIS Marine Cyber Insurance product. This new product will provide insurance cover for the marine shipping market to protect against cyber exposures on board vessels and onshore in shipping company offices. “The marine shipping insurance market dates back... Read more of this article
AXIS Estimate Q3 Losses Of $225 – $255M
Bermuda-based AXIS Capital Holdings announced a preliminary pre-tax catastrophe loss estimate for the third quarter of 2020 in the range of $225 million to $255 million. A spokesperson said, “AXIS Capital Holdings Limited [AXIS Capital] today announced a preliminary net loss estimate in the range of $225 million to $255 million, pre-tax [$190... Read more of this article
Axis Capital Declares $0.41 Quarterly Dividend
AXIS Capital Holdings Limited announced that its Board of Directors has declared a quarterly dividend of $0.41 per common share payable on October 15, 2020, to shareholders of record at the close of business on October 2, 2020. 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, Simply Business Launch New Offering
AXIS Insurance and Simply Business, Inc. announced the launch of “AXIS Home Based Business Insurance”, an insurance policy that provides coverage to small business owners who conduct business from home. A spokesperson said, “Simply Business, Inc., a digital insurance agency offering small business insurance policies on behalf of a... Read more of this article
AXIS Capital Reports Second Quarter Results
AXIS Capital Holdings Limited announced financial results for the second quarter ended June 30, 2020. Commenting on the second quarter 2020 financial results, Albert Benchimol, President and CEO of AXIS Capital, said: “This was a solid quarter highlighted by continued positive momentum in the underlying performance of our Company. “We’re... Read more of this article
AXIS Capital Appoint W. Marston Becker To Board
AXIS Capital Holdings Limited announced that W. Marston [Marty] Becker has been appointed to the Company’s Board of Directors. Mr. Becker will serve as a member of the Board’s Executive, Finance and Risk Committees. During his 35-year career in the [re]insurance industry, Mr. Becker has held numerous senior leadership roles for publicly traded and... Read more of this article
AXIS Capital Declares $0.41 Quarterly Dividends
AXIS Capital Holdings Limited announced that its Board of Directors has declared a quarterly dividend of $0.41 per common share payable on July 15, 2020, to shareholders of record at the close of business on June 29, 2020. 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 First Quarter Results
AXIS Capital Holdings Limited announced financial results for the first quarter ended March 31, 2020. Commenting on the first quarter 2020 financial results, Albert Benchimol, President and CEO of AXIS Capital, said: “As our industry and society continue to navigate the challenges brought on by COVID-19, our primary thoughts are with the people,... Read more of this article
AXIS Donates $1M For Global Covid-19 Relief
AXIS Capital Holdings Limited has announced $1 million in targeted philanthropic donations to support Covid-19 relief and community support efforts. A spokesperson said, “AXIS Capital Holdings Limited today announced $1 million in targeted philanthropic donations to support COVID-19 relief and community support efforts. AXIS will partner with non-profit... Read more of this article
AXIS Announces Retirement Of Michael Butt
AXIS Capital Holdings Limited announced today that Michael Butt, Chairman of the Board of Directors, will retire from the Company, effective September 16, 2020. “A co-founder of AXIS and member of the Insurance Hall of Fame, Mr. Butt is a recognized industry leader who is credited for his instrumental role in establishing Bermuda as one of the... Read more of this article
AXIS Capital’s Fourth Quarter 2019 Results
AXIS Capital Holdings today announced financial results for the fourth quarter ended December 31, 2019. Commenting on the fourth quarter 2019 financial results, Albert Benchimol, President and CEO of AXIS Capital, said: “We did not deliver the financial results we expected in 2019, as our performance suffered from a record typhoon season in Japan,... Read more of this article
AXIS Comments On Q4 2019 Financial Results
AXIS Capital Holdings Limited said that it “anticipates reporting modest operating income for the fourth quarter of 2019.” The Bermuda based company said, “The Company’s results were impacted by a pre-tax loss for catastrophes and other weather-related events of $140 million, net of estimated reinsurance recoveries and reinstatement... Read more of this article
AXIS Expands Renewable Energy Expertise
AXIS Insurance, the insurance business segment of AXIS Capital Holdings Limited, announced the appointments of Sam Walsh as senior underwriter and Mat Pifer as an underwriter in its renewables division. Messrs. Walsh and Pifer will be jointly responsible for underwriting new and renewal, property and liability renewable energy business in North America,... Read more of this article
