Hashtag: #Axis
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 Creates Global Cyber & Technology Unit
AXIS Insurance, the insurance business segment of AXIS Capital Holdings, announced the launch of a consolidated Global Cyber and Technology unit. Led by Dan Trueman, Global Head of Cyber & Technology, the unified global team will enable AXIS to more effectively deliver the full range of its cyber and technology insurance capabilities, underwriting... Read more of this article
AXIS Report Third Quarter Net Income: $43M
Bermuda-based AXIS Capital Holdings reported net income available to common shareholders for the third quarter of 2018 of $43 million, or $0.52 per diluted common share, compared to net loss of $468 million, or $[5.61] per diluted common share, for the third quarter of 2017. Net income available to common shareholders for the nine months ended September... Read more of this article
Fitch Affirms AXIS, Maintains Negative Outlook
Fitch Ratings has affirmed the ‘A+’ [Strong] Insurer Financial Strength [IFS] ratings of the operating subsidiaries of AXIS Capital Holdings. In addition, Fitch has affirmed AXIS Capital’s ‘A-’ Issuer Default Rating [IDR]. The Rating Outlook is Negative. The ratings agency said, “AXIS Capital’s ratings continue... Read more of this article
AXIS Capital Declares $0.39 Quarterly Dividend
Bermuda-based AXIS Capital Holdings Limited announced that the Company’s Board of Directors has declared a quarterly dividend of $0.39 per common share. The common dividend will be payable on October 15, 2018 to shareholders of record at the close of business on October 9, 2018. In addition, the Board declared a dividend of $0.34375 per Series D 5.50%... Read more of this article
AXIS & DUAL On Environmental Risk Program
AXIS Insurance, the insurance business segment of AXIS Capital Holdings Limited, announced that it has partnered with DUAL North America, the underwriting arm of the Hyperion Insurance Group, to provide a broad environmental risk product offering for contractors, consultants and engineers in the United States. DUAL North America will operate as a managing... Read more of this article
AXIS Appoints Bennett As Senior Underwriter
AXIS Reinsurance, the reinsurance business segment of AXIS Capital Holdings Limited, announced that it has appointed William Bennett as Senior Underwriter, Property Reinsurance at Lloyd’s. Mr. Bennett will join AXIS Re in March 2019 and will be responsible for underwriting all Property Reinsurance lines at Lloyd’s for AXIS Re, with a particular... Read more of this article
AXIS Appoints James Hamilton As Global Head
AXIS Insurance, the insurance business segment of AXIS Capital Holdings Limited, announced that James “Jay” Hamilton has been appointed to the newly created role of Global Head of Accident & Health Insurance, effective immediately. In this role, Mr. Hamilton will be responsible for leading AXIS Insurance’s Accident & Health business in... Read more of this article
Ventresca Appointed Axis Chief Strategy Officer
AXIS Capital Holdings Limited announced that Linda Ventresca has been appointed to the newly created position of Chief Strategy Officer. Reporting directly to President and CEO Albert Benchimol, Ms. Ventresca will be responsible for guiding the development of the Company’s strategic priorities and for driving the delivery of those priorities across... Read more of this article
AXIS Accelerating Digital Technologies Efforts
AXIS Capital Holdings announced the launch of AXIS Digital Ventures, a new unit they said “will lead enterprise-wide efforts to partner with entrepreneurial companies focused on data and analytics with high value [re]insurance applications, new product opportunities including emerging risks, and new distribution and [re]insurance business models.” “AXIS... Read more of this article
AXIS Report Second Quarter Net Income: $93M
Bermuda-based AXIS Capital Holdings reported net income available to common shareholders for the second quarter of 2018 of $93 million, or $1.11 per diluted common share, compared to net income of $85 million, or $1.01 per diluted common share, for the second quarter of 2017. Net income available to common shareholders for the six months ended June... Read more of this article
AXIS Reports First Quarter Income Of $63M
Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the first quarter of 2018 of $63 million, or $0.75 per diluted common share, compared to net income of $5 million, or $0.06 per diluted common share, for the first quarter of 2017. Operating income1 for the first quarter of 2018 was $123 million, or... Read more of this article
