Hashtag: #AXISCapital
AXIS To Continue Sponsoring Girls Cricket
The Bermuda Cricket Board announced that Axis Capital has confirmed its support of girl’s cricket in Bermuda. Axis’s assistance will include: An all-girls U11 team, Axis Angels competing in the HIscox U11 League An all-girls U8 team, Little Angels, competing in the Tokio MR U8 league Support and promotion of the BSSF Primary Girls and Middle... Read more of this article
Axis Donates $10,000 To BSMART Programme
Axis Specialty Limited recently donated $10,000 to BSMART Foundation’s After-School S.M.A.R.T. [Stimulating Maturity through Accelerated Readiness Training] Program, which enables BSMART to provide the program to families in need on a full or partial scholarship. “We are thankful that Axis can provide funding to families in need. We have a waiting... Read more of this article
AXIS Capital: Henry To Retire, Vogt Appointed
Bermuda-based AXIS Capital Holdings Limited announced that Chief Financial Officer Joseph Henry will retire at the conclusion of 2017, and current AXIS Insurance Chief Operating Officer Peter Vogt will become CFO, effective January 1, 2018. Mr. Vogt will be appointed Deputy CFO in July with the transition process to occur through the end of the year. Mr.... Read more of this article
AXIS Capital Declares $0.38 Quarterly Dividend
Bermuda-based AXIS Capital Holdings Limited announced that the Company’s Board of Directors has declared a quarterly dividend of $0.38 per common share. The common dividend will be payable on July 17, 2017 to the shareholders of record at the close of business on June 30, 2017. In addition, the Board declared a dividend of $0.34375 per Series D... Read more of this article
AXIS Reports First Quarter Income Of $5M
Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the first quarter of 2017 of $5 million, or $0.06 per diluted common share, compared to $38 million, or $0.41 per diluted common share, for the first quarter of 2016. Albert Benchimol, President and CEO of AXIS Capital, said: “Notwithstanding the pressure... Read more of this article
Photo Set #5: Ag Show At Botanical Gardens
The 2017 Bermuda Agricultural Show wrapped up over the weekend, with lead sponsor AXIS saying they are “proud to continue to serve as the lead sponsor of the Bermuda Ag Show.” A spokesperson said, “AXIS Capital is proud to continue to serve as the lead sponsor of the Bermuda Ag Show, part of our Company’s commitment to giving back in the... Read more of this article
Ag Show: AXIS Sponsor “Kids Free On Friday”
Ag Show Ltd and AXIS Capital today [March 24] announced a three-year partnership whereby AXIS will continue as lead sponsor of the annual Bermuda Agricultural Show, with the sponsorship to include the introduction of the ‘AXIS Kids Free on Friday’ initiative. “As part of the partnership, and consistent with its desire to support youth and... Read more of this article
AXIS Estimate Impact Of Ogden Rate Change
Bermuda-based AXIS Capital Holdings Limited announced the estimated impact of the recent UK Ministry of Justice’s reduction of the discount rate used to calculate lump sum awards in UK bodily injury cases, known as the Ogden Rate. “AXIS Capital estimates that the pre-tax impact of the Ogden rate change on the Company’s carried reserves for... Read more of this article
AXIS Capital Redeems 6.875% Series C Shares
Bermuda-based AXIS Capital Holdings Limited announced that it will redeem 14,042,955 of its 6.875% Series C Preferred Shares, par value $0.0125 per share and liquidation preference $25.00 per share, constituting all of its outstanding Preferred Shares, representing $351,073,875 in aggregate liquidation preference of Preferred Shares, on April 17, 2017... Read more of this article
AXIS Capital Declares $0.38 Quarterly Dividend
Bermuda-based AXIS Capital Holdings Limited declared a quarterly dividend of $0.38 per common share. The common dividend will be payable on April 17, 2017 to the shareholders of record at the close of business on March 31, 2017. In addition, the Board declared a dividend of $0.429688 per Series C 6.875% Preferred Share, a dividend of $0.34375 per Series... Read more of this article
John “Jay” Nichols Resigns As CEO Of AXIS Re
AXIS Capital Holdings announced that John “Jay” Nichols has resigned his position as Chief Executive Officer of AXIS Re. Mr Nichols has agreed to remain with the Company in a transitional role until March 31, and the Company has named Jan Ekberg to succeed him as Interim CEO of AXIS Re. Mr. Ekberg, who has been with the Company since 2004, currently... Read more of this article
AXIS Capital 2016 Q4 Net Income: $131 Million
Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the fourth quarter of 2016 of $131 million, or $1.48 per diluted common share, compared with net income of $135 million, or $1.39 per diluted common share, for the fourth quarter of 2015. Net income available to common shareholders for the full year... Read more of this article
