Hashtag: #AXISCapital
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 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 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
Greetham & Zeller Retire From AXIS Board
AXIS Capital Holdings Limited, announced the retirement of Christopher V. Greetham and Wilhelm Zeller, two longtime members of the Company’s Board of Directors, effective December 31, 2020. “We are grateful for the tremendous leadership and invaluable counsel that Chris and Willie provided to AXIS, particularly in helping the Company navigate through... 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, which represents an increase of 2.4%. The common dividend will be payable on January 15, 2021, to shareholders of record at the close of business on December 31, 2020. 2020 is the 17th consecutive year the Company... Read more of this article
Axis Capital Reports 2020 Third Quarter Results
AXIS Capital Holdings Limited announced financial results for the third quarter ended September 30, 2020. Commenting on the third quarter 2020 financial results, Albert Benchimol, President and CEO of AXIS Capital, said: “This was a quarter in which the world and our industry were impacted by exceptional levels of cat loss activity. First and... Read more of this article
AXIS & Kennedys Launch New Insurance Product
AXIS Insurance and Kennedys Law announced a collaboration for services in connection with the AXIS Marine Cyber Insurance product. This new product will provide insurance cover for the marine shipping market to protect against cyber exposures on board vessels and onshore in shipping company offices. “The marine shipping insurance market dates back... Read more of this article
AXIS Estimate Q3 Losses Of $225 – $255M
Bermuda-based AXIS Capital Holdings announced a preliminary pre-tax catastrophe loss estimate for the third quarter of 2020 in the range of $225 million to $255 million. A spokesperson said, “AXIS Capital Holdings Limited [AXIS Capital] today announced a preliminary net loss estimate in the range of $225 million to $255 million, pre-tax [$190... Read more of this article
Axis Capital Declares $0.41 Quarterly Dividend
AXIS Capital Holdings Limited announced that its Board of Directors has declared a quarterly dividend of $0.41 per common share payable on October 15, 2020, to shareholders of record at the close of business on October 2, 2020. 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, Simply Business Launch New Offering
AXIS Insurance and Simply Business, Inc. announced the launch of “AXIS Home Based Business Insurance”, an insurance policy that provides coverage to small business owners who conduct business from home. A spokesperson said, “Simply Business, Inc., a digital insurance agency offering small business insurance policies on behalf of a... Read more of this article
AXIS Capital Reports Second Quarter Results
AXIS Capital Holdings Limited announced financial results for the second quarter ended June 30, 2020. Commenting on the second quarter 2020 financial results, Albert Benchimol, President and CEO of AXIS Capital, said: “This was a solid quarter highlighted by continued positive momentum in the underlying performance of our Company. “We’re... Read more of this article
AXIS Capital Appoint W. Marston Becker To Board
AXIS Capital Holdings Limited announced that W. Marston [Marty] Becker has been appointed to the Company’s Board of Directors. Mr. Becker will serve as a member of the Board’s Executive, Finance and Risk Committees. During his 35-year career in the [re]insurance industry, Mr. Becker has held numerous senior leadership roles for publicly traded and... Read more of this article
