Reinsurance News
16th January 2019
Bermudian re/insurance group AXIS Capital Holdings has announced the appointment of Keith Schlosser as Chief Information Officer. Schlosser joins AXIS from Chubb, where he spent the previous seven years as Chief Information Officer for the company’s Overseas General Insurance division, leading a number of growth and digital initiatives. He has 30 years ... Read the full article
9th January 2019
Bermudian re/insurance group AXIS Capital Holdings has announced the appointment of Govind Balu as Chief Analytics Officer. Balu will be tasked with leading AXIS’ data and analytics initiatives globally, as well as the company’s Analytics Center of Excellence, which partners with teams across the organisation to apply digital solutions to AXIS’ ... Read the full article
20th December 2018
Bermudian re/insurance group AXIS Capital has announced a preliminary, pre-tax loss estimate for the California wildfires of between $125 million and $150 million, net of estimated recoveries from reinsurance and retrocessional covers and including the approximate impact of reinstatement premiums. AXIS states that this figure is derived from the $20 billion estimated ... Read the full article
12th December 2018
AXIS Capital Holdings has revealed that it has extended the employment term of its President and Chief Executive Officer (CEO), Albert Benchimol, for an additional five years. Benchimol was appointed as President and CEO of AXIS in May 2012 and has served as a director since January 2012. He joined the company ... Read the full article
30th October 2018
The specialist Lloyd's of London insurance and reinsurance marketplace has no choice but to reduce its costs, and the market is taking steps in the right direction to address current challenges, according to the President and Chief Executive Officer (CEO) of AXIS Capital Holdings, Albert Benchimol. "Let's be honest, I don't ... Read the full article
25th October 2018
AXIS Capital Holdings has announced its results for the third-quarter of 2018, posting net income of $43 million compared with a net loss of $468 million a year earlier. According to analysts, the firm's performance in the third-quarter benefited from lower-than-expected catastrophe losses. The Bermuda-based re/insurer's financial results for the third-quarter ... Read the full article
21st September 2018
AXIS Reinsurance, the reinsurance focused unit of Bermuda-headquartered global re/insurer AXIS Capital Holdings Limited has hired William Bennett from MS Amlin to become its Senior Underwriter for Property Reinsurance business at Lloyd’s. Bennett will join AXIS Re in March 2019 and be based in London, reporting to Jonathan Gray, Head of ... Read the full article
18th September 2018
Bermudian re/insurance group AXIS Capital Holdings has announced the appointment of Helen O’Sullivan as Chief Executive Officer of AXIS Specialty Europe SE and AXIS Re SE. O’Sullivan, who steps into the role having most recently served as Deputy Global Tax Director at AXIS, will oversee the company’s subsidiaries and its branches ... Read the full article
10th September 2018
The reinsurance arm of AXIS Capital Holdings Limited, AXIS Re, has announced the formal launch of AXIS Re Strategic Partners, alongside the appointment of the Strategic Account Executives for EMEA. The re/insurer announced AXIS Re Strategic Partners earlier this year, alongside a broader expansion of product and market capabilities. Now, the company ... Read the full article
13th August 2018
AXIS Capital Holdings Limited has announced the appointment of Anne Kelly as Global Head of Ceded Reinsurance, effective September 4th, 2018. In her new role, Kelly will be responsible for leading AXIS' Ceded Re functions across its entire range of insurance product lines. Based in New York, she will report to ... Read the full article
31st July 2018
Bermudian re/insurance group AXIS Capital has announced the launch of AXIS Digital Ventures, a new data and analytics-focused unit aimed at sourcing Insurtech partnerships in hopes of accessing new technologies with re/insurance applications. Zach Powell, who previously served as Director of Corporate Development at AXIS, has been appointed as the Head ... Read the full article
19th July 2018
AXIS Insurance, a division of Bermuda domiciled insurer and reinsurer AXIS Capital Holdings Limited, has named Brad Randell to Head of Canada Insurance, and Chief Agent, Canada, reporting directly to John Van Decker, President, North American Professional Lines, AXIS Insurance. Randell's promotion sees him take responsibility for the oversight of AXIS' insurance operations ... Read the full article
28th June 2018
AXIS Capital Holdings has announced the addition of Barbara A. Yastine to its Board of Directors, effective July 1. She is also set to join the Board’s Audit Committee, effective September 1. Yastine brings over 30 years’ experience to the Board and was previously the Chief Executive Officer (CEO) at Ally ... Read the full article
22nd May 2018
Bermuda-based, global provider of specialty insurance and treaty reinsurance AXIS Capital has today announced the appointment of Matthew Rohrmann as Head of Investor Relations, replacing Linda Ventresca, who will now focus on her role as Chief Transformation Officer, overseeing the Company’s enterprise-wide transformation program. A Chartered Alternative Investment Analyst, Rohrmann joins ... Read the full article
2nd May 2018
Albert Benchimol, the President and Chief Executive Officer (CEO) of Bermuda domiciled insurer and reinsurer, AXIS Capital Holdings Limited, remains cautiously positive on the outlook for the sector and believes the market is "simply too stressed to give up any more pricing." Commenting on both insurance and reinsurance rate movements during ... Read the full article
