Hashtag: #AXISCapital
AXIS Capital Launch New Environmental Offering
AXIS Capital Holdings Limited announced its Environmental business unit has launched a Specialty Package Policy for manufacturers [SPPm]. A spokesperson said, “The SPPm policy covers a range of general and environmental liability exposures facing manufacturers, all in one integrated insurance package. “Exposures covered by SPPm include those... Read more of this article
AXIS Capital Appoints Miranda Hunter
AXIS Capital Holdings Limited announced the appointment of Miranda Hunter as Head of Investor Relations. A spokesperson said, “AXIS Capital Holdings Limited [AXIS Capital] announced the appointment of Miranda Hunter as Head of Investor Relations. In this role, Ms. Hunter will be responsible for leading AXIS Capital’s engagement with the investment... Read more of this article
AXIS Capital Launches Wholesale Division
AXIS Capital Holdings Limited announced that it has launched AXIS Wholesale, a new division dedicated specifically to servicing the wholesale market. A spokesperson said, “AXIS Capital Holdings Limited announced that it has launched AXIS Wholesale, a new division dedicated specifically to servicing the wholesale market. The division is being led... Read more of this article
AXIS Announce Actions To ‘Advance Leadership’
AXIS Capital Holdings announced a “series of actions designed to advance leadership in specialty underwriting – and the latest in a multi-year effort that has seen the Company increase profitability, lower volatility, and strengthen the portfolio, all with an eye toward delivering greater value to existing and new customers. The company said,... Read more of this article
AXIS Capital Announces INSEAD Endowment
AXIS has endowed $250,000 to INSEAD in order to create the Michael A. Butt Fund for Business & Society. A spokesperson said, “AXIS Capital Holdings Limited announced today a $250,000 endowment to INSEAD, the business school for the world, to create a research fund on behalf of former AXIS Chair of the Board Michael Butt, OBE. The Michael A.... Read more of this article
AXIS Launches Portfolio Underwriting Unit
AXIS Capital Holdings Limited has launched a Portfolio underwriting unit, which targets multi-class portfolio business that is placed in the London specialty insurance market. A spokesperson said, “The Portfolio team is now actively underwriting portfolios of multi-class risks on a follow-line basis, in conjunction with trusted and proven lead carriers. “The... Read more of this article
AXIS Capital Declares Quarterly Dividends
AXIS Capital Holdings Limited announced that its Board of Directors has declared a quarterly dividend of $0.43 per common share payable on April 18, 2022 to shareholders of record at the close of business on March 31, 2022. 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 Fourth Quarter Net Income
AXIS Capital Holdings Limited announced financial results for the fourth quarter ended December 31, 2021. Commenting on the fourth quarter 2021 financial results, Albert Benchimol, President and CEO of AXIS Capital, said: “This was a strong fourth quarter highlighted by an annualized operating ROE of 15%, a good finish to a year of meaningful... Read more of this article
AXIS Capital: Wilson To Depart, Tizzio Has Joined
AXIS Capital Holdings Limited announced a “planned executive transition within the Insurance segment.” The company said that Peter Wilson, currently CEO of the Insurance Segment, will depart AXIS at the end of the year, timed to the completion of his contract, and Vincent C. Tizzio has joined the Company as Senior Advisor – Insurance... Read more of this article
AXIS Appoints Kenneth Hosp As Vice President
AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Limited [AXIS Capital], has appointed Kenneth [Kenny] Hosp as Vice President of the U.S. Excess Casualty team, effective immediately. “Mr. Hosp will be responsible for cultivating and strengthening relationships with wholesale distribution partners, enhancing new... Read more of this article
AXIS $100M Share Repurchase Authorization
AXIS Capital announced the Company’s Board of Directors has “authorized the repurchase of up to $100 million of the Company’s common shares, which may be effected from time to time in open market or privately negotiated transactions through December 31, 2022.” The company said it “intends to repurchase common shares opportunistically,... Read more of this article
AXIS Insurance Enters Pet Insurance Market
AXIS Insurance has entered the pet insurance market via its Accident and Health unit through a strategic relationship with Managing General Underwriter Petplan. AXIS Insurance will provide underwriting capacity for comprehensive pet insurance policies for dogs and cats in the U.S. and Canada. “Our relationship with Petplan is an exciting way for... Read more of this article
