Hashtag: #AXISCapital
AXIS Reports Second Quarter Income Of $166M
Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the second quarter of 2019 of $166 million, or $1.97 per diluted common share, compared to net income of $93 million, or $1.11 per diluted common share, for the second quarter of 2018. Net income available to common shareholders for the six months ended... Read more of this article
AXIS Prices Offering Of $300 Million Notes
Bermuda-based AXIS Capital Holdings Limited announced that its subsidiary, AXIS Specialty Finance LLC, has priced an offering of $300 million aggregate principal amount of 3.900% Senior Notes due 2029, fully and unconditionally guaranteed by AXIS Capital, pursuant to an effective shelf registration statement. The Issuer intends to use the proceeds from... Read more of this article
AXIS Launches Refreshed Brand & Logo
AXIS Capital Holdings has launched a refreshed brand, logo and website. “The new visual identity is dynamic and forward-looking, and reflects the steps AXIS is taking to be a future-ready company,” the company said. “AXIS announced the refreshed brand, logo and website in conjunction with the launch of a new brand awareness advertising... Read more of this article
AXIS Capital Declares $0.40 Quarterly Dividends
Bermuda-based AXIS Capital Holdings Limited announced that the Company’s Board of Directors has declared a quarterly dividend of $0.40 per common share. The common dividend will be payable on July 15, 2019, to shareholders of record at the close of business on June 28, 2019. In addition, the Board declared a dividend of $0.34375 per Series D 5.50%... Read more of this article
AXIS Report First Quarter Net Income: $98M
Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the first quarter of 2019 of $98 million, or $1.16 per diluted common share, compared to net income of $63 million, or $0.75 per diluted common share, for the first quarter of 2018. Operating income for the first quarter of 2019 was $105 million, or... Read more of this article
Hottinger Appointed President Of EMEA LatAM
AXIS Re, the reinsurance business segment of AXIS Capital Holdings Limited, announced the appointment of Andy Hottinger as President of its EMEA LatAm division. Mr. Hottinger succeeds longtime AXIS Re colleague and EMEA LatAm President Jan Ekberg, who will retire in July following a 45-year career in the [re]insurance industry, which has included 15... Read more of this article
AXIS Capital Appoints Lizabeth Zlatkus To Board
AXIS Capital Holdings announced that Lizabeth Zlatkus has been appointed to the Company’s Board of Directors, effective March 15, 2019. “Liz is an exceptional leader who brings experience building and leading engaged and profitable insurance organizations, both in the U.S. and internationally,” said Michael A. Butt, AXIS Capital Board of Directors... Read more of this article
AXIS Capital Reports Fourth Quarter Results
Bermuda-based AXIS Capital Holdings Limited reported net loss attributable to common shareholders for the fourth quarter of 2018 of $198 million, or $[2.37] per diluted common share, compared to net loss of $38 million, or $[0.46] per diluted common share, for the fourth quarter of 2017. Net income available to common shareholders for the year ended... Read more of this article
AXIS Capital Names Keith Schlosser As CIO
AXIS Capital Holdings Limited announced the hiring of Keith Schlosser as Chief Information Officer. Mr. Schlosser will lead the Company’s global information technology strategy with responsibility for partnering with its Insurance and Reinsurance business segments and other departments to drive change throughout the organization by delivering high-quality,... Read more of this article
Butt Inducted Into Insurance Hall Of Fame
AXIS Capital Holdings Limited announced that the International Insurance Society [IIS] has inducted Michael Butt OBE, Chairman of AXIS Capital, into the Insurance Hall of Fame and named Mr. Butt the 2019 Insurance Hall of Fame Laureate. Mr. Butt will be honored at the IIS Global Insurance Forum’s Gala Awards taking place on June 20 in Singapore. “We... Read more of this article
AXIS Wildfire Loss Estimates: $125-$150 Million
AXIS Capital Holdings announced a preliminary pre-tax loss estimate for California wildfires in the range of $125 million to $150 million, net of estimated recoveries from reinsurance and retrocessional covers and including the impact of estimated reinstatement premiums. “The estimate includes losses from aggregate excess of loss reinsurance... Read more of this article
AXIS Capital Declares $0.40 Quarterly Dividends
Bermuda-based AXIS Capital Holdings Limited announced that the Company’s Board of Directors has declared a quarterly dividend of $0.40 per common share, which represents an increase of 2.6%. The common dividend will be payable on January 15, 2019 to shareholders of record at the close of business on December 31, 2018. In addition, the Board declared... Read more of this article
