Hashtag: #AXISCapital
AXIS Dividends On Common, Preferred Shares
Bermuda-based AXIS Capital Holdings Limited has declared a quarterly dividend of $0.27 per common share. The common dividend will be payable on July 15, 2014 to the shareholders of record at the close of business on June 30, 2014. In addition, the Board declared a dividend of $1.875 per Series B 7.50% Preferred Share, a dividend of $0.429688 per Series... Read more of this article
AXIS Reports First Quarter Income Of $137M
Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the three months ended March 31, 2014, of $137 million, compared with $303 million for the corresponding period of 2013. Operating income1 for the first quarter of 2014 was $137 million, or $1.24 per diluted common share, compared with $227 million,... Read more of this article
New AXIS Chief Investment Officer David Phillips
Bermuda-based AXIS Capital Holdings Limited announced the appointment of David Phillips as Executive Vice President and Chief Investment Officer, effective April 17, 2014. Mr. Phillips will report to Albert Benchimol, President & CEO. Mr. Phillips has more than 18 years experience in investments. Most recently, he was the Head of Investments for... Read more of this article
AXIS Capital Holdings Management Transitions
Bermuda-based AXIS Capital Holdings Limited said today [Mar 25] that John “Jack” Gressier [pictured], currently the Chief Executive Officer of AXIS Insurance, will become AXIS Capital’s new Chief Operating Officer effective April 1, 2014. Mr. Gressier will assume the responsibilities of retiring Chief Operating Officer Dennis Reding. In... Read more of this article
AXIS Capital Holdings Releases Senior Notes
Bermuda-based AXIS Capital Holdings Limited announced that its indirect, wholly-owned subsidiary, AXIS Specialty Finance PLC, has priced an offering of $250.0 million aggregate principal amount of its 2.650% Senior Notes due 2019 and $250.0 million aggregate principal amount of its 5.150% Senior Notes due 2045, fully and unconditionally guaranteed by... Read more of this article
AXIS Capital Declares $0.27 Quarterly Dividend
Bermuda-based AXIS Capital Holdings Limited has declared a quarterly dividend of $0.27 per common share. The common dividend will be payable on April 15, 2014 to the shareholders of record at the close of business on March 31, 2014. In addition, the Board declared a dividend of $1.875 per Series B 7.50% Preferred Share, a dividend of $0.429688 per Series... Read more of this article
Video: Axis Capital CEO On Market Opportunities
Albert Benchimol, CEO of Bermuda-based Axis Capital Holdings Ltd., appeared in a recent episode of A.M. BestTV, to discuss market opportunities he sees for his company and the industry as a whole, such as using excess capital to take on new risks, or the potential to privatize government functions. A.M. Best said, “Mr Benchimol believes it’s... Read more of this article
Photos: Mad Hair Day For AXIS Specialty Staff
Axis Specialty Limited staff showed up for work today [Sept 27] not quite looking like traditional professionals, however it was all for a good cause, with with their wild hairstyles, wigs, hats and other accessories, all serving to help raise money for improved cancer treatment on the island by taking part in the second annual PALS Mad Hair Day event. Staff... Read more of this article
AXIS Expands Its Global Underwriting Platform
Bermuda-based AXIS Capital Holdings Limited announced the expansion of the Company’s global underwriting platform, facilitated through the establishment of a new syndicate that will provide access to Lloyd’s worldwide licenses and an extensive distribution network. The new syndicate, “AXIS Syndicate 1686,” which has been approved... Read more of this article
A.M. Best Upgrades AXIS Specialty Ltd’s Ratings
Rating agency A.M. Best Co. has upgraded the financial strength rating [FSR] to A+ [Superior] from A [Excellent] and issuer credit ratings [ICR] to “aa-” from “a+” of Bermuda-based AXIS Specialty Limited [AXIS] and its operating affiliates. Concurrently, A.M. Best has upgraded the ICR to “a-” from “bbb+”... Read more of this article
AXIS Capital Declares $0.25 Quarterly Dividend
Bermuda-based AXIS Capital Holdings Limited has declared a quarterly dividend of $0.25 per common share. The common dividend will be payable on October 15, 2013 to the shareholders of record at the close of business on October 1, 2013. In addition, the Board declared a dividend of $1.875 per Series B 7.50% Preferred Share, a dividend of $0.429688 per... Read more of this article
AXIS Capital Holdings Declare $0.39 Dividend
Bermuda-based AXIS Capital Holdings Limited announced that the Company’s Board of Directors has declared a dividend of $0.3858 per Series D 5.50% Preferred Share. The dividend will be payable on September 3, 2013 to the shareholders of record at the close of business on August 20, 2013. Related Stories AXIS Dividends & Share Repurchase... Read more of this article
AXIS Capital Holdings Reports 2013 Q2 Income
Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the second quarter of 2013 of $72 million, or $0.62 per diluted common share, compared with $168 million, or $1.35 per diluted common share, for the second quarter of 2012. For the six months ended June 30, 2013, AXIS Capital reported net income available... Read more of this article
Robert Peretti To Join AXIS Capital Holdings
Bermuda-based AXIS Capital Holdings Limited announced that Mr. Robert E. Peretti will join AXIS Capital as Head of Broker Relations and Distribution effective August 5, 2013. In this newly created position, Mr. Peretti will work closely with our senior executive team to strengthen and expand our strategic relationships with key distribution partners... Read more of this article
AXIS Estimates Q2 Catastrophe Loss At $140M
Bermuda-based AXIS Capital Holdings Limited announced that its preliminary estimate of second quarter 2013 natural catastrophe and weather-related pre-tax losses is $140 million, net of estimated recoveries from reinsurance and including estimated reinstatement premiums. Both the insurance and reinsurance segments of the Company contribute to these... Read more of this article
Axis Capital Appoints David Pesce As Director
Bermuda-based AXIS Capital Holdings Limited announced on Monday [July 1], the appointment of David Pesce as Director of Surety for AXIS Insurance. Mr. Pesce will be responsible for building and managing AXIS Insurance’s surety bond business in the U.S. Mr. Pesce reports to Richard Zarandona, head of AXIS Insurance’s Design/Contractors Professional,... Read more of this article
