Hashtag: #AXISCapital

AXIS Supports Low-Carbon Economy Transition

AXIS Supports Low-Carbon Economy Transition

As part of its commitment to support the transition to a low-carbon economy, AXIS Capital Holdings Limited announced several updates to its fossil fuel underwriting and investment policy related to thermal coal, oil sands and the Arctic National Wildlife Refuge. A spokesperson said, “In particular, the Company has bolstered its existing policy by... Read more of this article

AXIS Initial Comments On Third Quarter Results

AXIS Initial Comments On Third Quarter Results

AXIS Capital Holdings Limited announced a third quarter net loss estimate for catastrophes and other weather-related events of approximately $250 million, pre-tax, [$219 million, after-tax]. A spokesperson said, “The pre-tax net loss estimate includes $175 million for Hurricane Ida, consistent with industry insured losses of approximately $35... Read more of this article

AXIS Capital Declares $0.42 Quarterly Dividend

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 payable on October 15, 2021 to shareholders of record at the close of business on October 4, 2021. In addition, the Board declared a dividend of $34.375 per Series E 5.50% Preferred Share [equivalent to $0.34375... Read more of this article

AXIS Capital $0.42 Declares Quarterly Dividends

AXIS Capital $0.42 Declares Quarterly Dividends

AXIS Capital Holdings Limited has declared a quarterly dividend of $0.42 per common share payable on July 15, 2021, to shareholders of record at the close of business on June 29, 2021. In addition, the Board declared a dividend of $34.375 per Series E 5.50% Preferred Share [equivalent to $0.34375 per depositary share] payable on July 15, 2021, to shareholders... Read more of this article

AXIS Initial Comments On First Quarter Results

AXIS Initial Comments On First Quarter Results

AXIS Capital Holdings announced a preliminary first quarter net loss estimate for catastrophes and other weather-related events in the range of $105 million to $115 million, pre-tax [$95 million to $105 million, after-tax]. A spokesperson said, “The pre-tax net loss estimate includes an amount of $80 million to $90 million for Winter Storms Uri... Read more of this article

AXIS Welcomes Cyber Senior Underwriters

AXIS Welcomes Cyber Senior Underwriters

AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Limited [AXIS Capital], today announced the hiring of two underwriters to its Global Cyber and Technology team. Alex White has joined AXIS as a Senior Underwriter, Global Cyber and Technology, and will focus on Cyber and Technology Errors and Omissions [E&O] risks... Read more of this article

AXIS & Elpha To Provide Cyber Security Software

AXIS & Elpha To Provide Cyber Security Software

AXIS Insurance has partnered with Elpha Secure to provide cyber insurance and software protection to small businesses to help improve their cybersecurity. A spokesperson said, “AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Limited [AXIS Capital], and Elpha Secure, a cyber security company built for the insurance... Read more of this article

AXIS Re Announces Hiring Of Kavan Tucker

AXIS Re Announces Hiring Of Kavan Tucker

AXIS Re announced the hiring of Kavan Tucker to the AXIS Re Global Markets team as a Senior Mortgage Underwriter, effective March 1, 2021. “We’re delighted to welcome Kavan Tucker to AXIS Re, Global Markets,” said Ann Haugh, Global Markets President for AXIS Re. “Kavan brings nearly 20 years of industry experience to AXIS Re with a background... Read more of this article

Axis Capital Declares $0.42 Quarterly Dividend

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 payable on April 15, 2021, to shareholders of record at the close of business on March 31, 2021. In addition, the Board declared a dividend of $34.375 per Series E 5.50% Preferred Share [equivalent to $0.34375... Read more of this article

AXIS Re Appoints Katie Partington Howarth

AXIS Re Appoints Katie Partington Howarth

AXIS Re announced that Katie Partington Howarth has been named Chief Underwriting Officer and Head of the Reinsurance Products Division. A spokesperson said, “AXIS Re, the reinsurance business segment of AXIS Capital Holdings Limited [AXIS Capital] announced that Katie Partington Howarth has been named Chief Underwriting Officer and Head of the... Read more of this article

AXIS Capital’s Fourth Quarter 2020 Results

AXIS Capital’s Fourth Quarter 2020 Results

AXIS Capital Holdings Limited announced financial results for the fourth quarter ended December 31, 2020. Commenting on the fourth quarter 2020 financial results, Albert Benchimol, President and CEO of AXIS Capital, said: “This was a year of tremendous challenge. First and foremost, our thoughts are with the people and families afflicted by COVID-19... Read more of this article

AXIS Initial Comments On Fourth Quarter Results

AXIS Initial Comments On Fourth Quarter Results

AXIS Capital Holdings announced a preliminary fourth quarter net claims estimate in the range of $195 million to $205 million, pre-tax, for catastrophes and weather-related events. The company said, “The net claims estimate includes $125 million, pre-tax, for the COVID-19 pandemic. This amount was determined following an extensive review of potential... Read more of this article

AXIS Insurance Hires Angus Lynn As VP

AXIS Insurance Hires Angus Lynn As VP

AXIS Insurance announced the appointment of Angus Lynn as Vice President, Professional Lines Underwriter in its Bermuda office. The company said, “AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Limited [AXIS Capital], today announced the hiring of Angus Lynn as Vice President, Professional Lines Underwriter in... Read more of this article