Hashtag: #AXISCapital
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
AXIS Introduces Supplier Diversity Policy
AXIS Capital Holdings Limited launched a “Supplier Diversity Policy designed to ensure a diverse supplier base by engaging certified Diverse Business Enterprises [DBEs] in its procurement process. “Our commitment to advancing diversity, equity and inclusion extends beyond our practices within AXIS and also applies to how we manage our supplier... Read more of this article
AXIS Capital Holdings 2021 Third Quarter Results
AXIS Capital Holdings Limited announced financial results for the third quarter ended September 30, 2021. Commenting on the third quarter 2021 financial results, Albert Benchimol, President and CEO of AXIS Capital, said: “Once again our industry was challenged by severe weather events and our focus continues to be on supporting our clients and the... Read more of this article
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 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
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 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 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 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 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 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
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
