Hashtag: #Axis
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
AXIS Launches Cyber Center Of Excellence
Addressing the more than $445 billion cost that companies incur each year due to the threat of cybercrime and cyberattacks, AXIS Capital Holdings Limited announced the launch of the AXIS Cyber Center of Excellence. It will provide a broad range of commercial insurance protection and mitigation solutions for tangible and intangible assets, relating... Read more of this article
AXIS Reports Fourth Quarter 2017 Results
Bermuda-based AXIS Capital Holdings Limited reported net loss attributable to common shareholders for the fourth quarter of 2017 of $38 million, or $[0.46] per diluted common share, compared with net income of $131 million, or $1.48 per diluted common share, for the fourth quarter of 2016. Net loss attributable to common shareholders for the year ended... Read more of this article
AXIS Reports Second Quarter Income Of $85M
Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the second quarter of 2017 of $85 million, or $1.01 per diluted common share, compared to $119 million, or $1.29 per diluted common share, for the second quarter of 2016. Net income available to common shareholders for the six months ended June 30, 2017... Read more of this article
