Reinsurance News
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
26th April 2018
In announcing its first-quarter 2018 results yesterday, Bermudian insurance and reinsurance group AXIS Capital Holdings Limited discussed its new enterprise-wide transformation initiative that began earlier this year, with the goal of making the company "future ready". AXIS' results show a much improved income position compared to the prior year, while ... Read the full article
18th April 2018
AXIS Re, a division of Bermuda-based AXIS Capital Holdings Limited, has named Megan Thomas as its Chief Underwriting Officer (CUO), based in New York and reporting directly to Steve Arora, AXIS Re's Chief Executive Officer (CEO). In her new role, Thomas will join the reinsurance leadership team, and will assume responsibility for product ... Read the full article
16th April 2018
AXIS Capital Holdings Limited has announced the launch of the AXIS Cyber Center of Excellence, a project which aims to develop products and solutions for mitigating cyber threats associated with companies’ tangible and intangible assets. Led by Dan Trueman, Global Head of Cyber at AXIS, the new center will address the ... Read the full article
19th February 2018
Rating agency A.M. Best has turned negative on the ratings of Bermudian insurance and reinsurance firm AXIS Capital Holdings Limited, citing "unfavorable trends in the group’s operating performance." Specifically, A.M. Best said that AXIS' insurance segment is the main source of its concern, saying that, "Historically AXIS’ operating performance ranks among ... Read the full article
13th February 2018
Albert Benchimol, the President and Chief Executive Officer (CEO) of insurer and reinsurer AXIS Capital Holdings Limited, isn't anticipating hard markets of the past but does expect rates in the reinsurance sector to improve throughout 2018. Global insurers and reinsurers are now reporting their fourth-quarter and full-year 2017 results, and during ... Read the full article
29th January 2018
Enstar Group Limited's Lloyd's managing agency, StarStone Underwriting Limited, has completed a reinsurance-to-close deal with AXIS Managing Agency Limited, which sees Enstar's Syndicate 2008 reinsure to close the 2015 and prior underwriting years of account of Novae Syndicate 2007. Under the terms of the reinsurance-to-close transaction, Enstar will assume net reinsurance reserves of roughly £600 million ... Read the full article
