Reinsurance News
AXIS Capital Holdings
AXIS expects $50m Ogden rate hit to UK motor reinsurance business
6th March 2017
Insurer and reinsurer AXIS Capital Holdings Limited has revealed an expectation of a $50 million hit under its UK motor reinsurance book due to the recent Ogden Rate change. AXIS Capital said that the impact of the UK Ministry of Justice’s recent reduction in the discount rate used to calculate lump ... Read the full article
AXIS names Brown to lead growth at London professional lines MGA
21st February 2017
Insurer and reinsurer AXIS Capital Holdings Limited has announced the appointment of Julian Brown Vice President and Underwriter in its insurance unit, tasked with driving growth and product development at the firm’s London market Managing General Agency (MGA) unit. Brown has over 20 years’ experience in the re/insurance industry joins AXIS ... Read the full article
AXIS Re CEO Nichols resigns, Ekberg named interim reinsurance head
14th February 2017
John 'Jay' Nichols, the Chief Executive Officer (CEO) of AXIS Capital Holdings Limited's reinsurance division, AXIS Re, has stepped down from his position, and Jan Ekberg has been named as interim Head of Reinsurance. Nichols will remain with the company in a transitional role until the end of March, 2017. "On behalf ... Read the full article
AXIS opens Miami office for LatAm & Caribbean reinsurance push
26th January 2017
Insurer and reinsurer AXIS Capital Holdings Limited has announced the formation of AXIS Specialty Underwriters Inc. in Miami (AXIS Miami), which will operate within the firm's international insurance division and provide the Latin America and Caribbean (LAC) markets with direct and facultative reinsurance cover. AXIS Miami will operate as the re/insurer's ... Read the full article
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