Reinsurance News
AXIS Capital Holdings
AXIS Capital Holdings is a specialty insurer and reinsurer with a global reach. Headquartered in Bermuda, AXIS operates out of numerous offices around the world, underwriting specialty insurance and reinsurance business.
Read our AXIS Capital insurance or reinsurance news and analysis below.
AXIS launches cyber and liability coverage for Canadian companies with $2bn revenue
7th May 2025
Global specialty underwriter and re/insurance provider, AXIS Capital Holdings Limited (AXIS), has launched a customisable cyber and specialist liability coverage insurance policy to Canadian companies with up to $2 billion in revenue. The policy, AXIS Cyber Technology and Miscellaneous Professional Liability (ACTM), aims to protect businesses and avoid potential gaps in ... Read the full article
Tariffs expected to impact loss costs, particularly in property and cargo: AXIS CEO
2nd May 2025
AXIS Capital, a provider of specialty insurance and reinsurance solutions, outlined the potential impacts of tariffs on its operations during its Q1 2025 earnings call. CEO Vincent Tizzio emphasised that while the company anticipates various uncertainties due to the current geopolitical environment, the most immediate impact from tariffs is expected to ... Read the full article
AXIS reports dip in Q1’25 net income but underwriting result strengthens
1st May 2025
Bermuda-based insurer and reinsurer AXIS Capital Holdings has reported an improved combined ratio of 90.2% for the first quarter of 2025, up 0.9 points on the prior year, with stronger underwriting income in both its insurance and reinsurance segments. AXIS has reported a strong set of results for the opening quarter ... Read the full article
AXIS completes $2.3bn LPT reinsurance agreement with Enstar
25th April 2025
Global insurer and reinsurer, AXIS Capital Holdings Limited and global legacy re/insurance specialist, Enstar Group Limited have completed their previously announced 75% ground-up quota share loss portfolio transfer (LPT) reinsurance agreement. The transaction was completed following the receipt of regulatory approvals and satisfaction of various other closing conditions. The LPT agreement ... Read the full article
AXIS hires Swiss Re’s Siravo as Head of Ceded Re, NA
10th February 2025
Insurer and reinsurer AXIS Capital has announced the appointment of Emilia Siravo as Head of Ceded Re, North America. In her new role, Siravo will drive the firm’s North America Ceded Re strategy and execution, contributing to the development of the company’s gross and net portfolio. Siravo joined AXIS following more than ... Read the full article
AXIS promotes Steve Cucciniello to Head of Primary Casualty
6th February 2025
Bermuda-domiciled insurance and reinsurance company, AXIS Capital Holdings Limited, has promoted Steve Cucciniello to Head of Primary Casualty, effective immediately, reporting to Anna Tan, Head of Wholesale Casualty at AXIS. Cucciniello has over three decades of industry experience, he joined AXIS in 2014 and has most recently served as Senior Vice ... Read the full article
AXIS repurchases $200m of stock from Stone Point vehicle
3rd February 2025
Bermuda-based insurance and reinsurance company, AXIS Capital Holdings Limited, has repurchased 2,234,636 shares for approximately $200 million from an investment vehicle managed by alternative investment manager, Stone Point Capital LLC. In a recent 8-K filed with the U.S. Securities and Exchange Commission, AXIS announced that it has entered into a share ... Read the full article
Gabrielle Folliard joins AXIS as Head of Claims for Global Markets
28th January 2025
Bermuda-based insurer and reinsurer AXIS Capital has announced the appointment of Gabrielle Folliard from Canopius as Head of Claims, Global Markets. Folliard's new role includes leading the claims team for the company's Global Markets division, overseeing all related operations. She will also drive claims process improvements, ensuring they align with broader AXIS ... Read the full article
Chubb’s Sara Farrup joins AXIS as Head of Global Markets
6th January 2025
As part of a previously planned leadership transition, insurer and reinsurer AXIS Capital Holdings Limited has appointed Sara Farrup (nee Mitchell) as Head of Global Markets, reporting to Vince Tizzio, President and Chief Executive Officer, AXIS. She will be a part of the firm’s Executive Committee and succeeds Mark Gregory, who ... Read the full article
AXIS enters $2.3bn LPT reinsurance agreement with Enstar
17th December 2024
Global insurer and reinsurer AXIS Capital Holdings Limited and global legacy re/insurance specialist Enstar Group Limited have entered into a 75% ground-up quota share loss portfolio transfer (LPT) reinsurance agreement, designed to cover a portfolio of the former's reinsurance segment business. This agreement sees AXIS retrocede to Enstar $2.3 billion of ... Read the full article
AXIS reports Q3’24 net income of $173m, CoR hits 93%
31st October 2024
Insurer and reinsurer AXIS Capital has disclosed a Q3 2024 net income available to common shareholders of $173 million, down slightly from $181 million in the same period last year, with a combined ratio of 93.1%. In Q3 2024, pre-tax catastrophe and weather-related losses, net of reinsurance, were $78 million, or ... Read the full article
AXIS Capital introduces new leadership for its Irish legal entities
10th October 2024
AXIS Capital Holdings Limited, a provider of specialty insurance and reinsurance solutions, has announced new leadership appointments for its Irish legal entities, AXIS Re SE and AXIS Specialty Europe SE, both based in Ireland and regulated by the Central Bank of Ireland. Offering a wide range of products to help businesses ... Read the full article
AXIS appoints Sara Mitchell as Head of Global Markets, Mark Gregory to retire
17th September 2024
Global specialty underwriter and provider of re/insurance, AXIS Capital Holdings Limited, has announced the appointment of Sara Mitchell as its future Head of Global Markets, succeeding Mark Gregory who will retire from the company in March of 2025. Having previously served as Divisional President of Chubb’s Continental Europe and MENA business, ... Read the full article
AXIS appoints industry veteran Pranav Shroff as Head of Life Sciences, North America
11th September 2024
Global specialty underwriter and re/insurance provider AXIS Capital Holdings Limited (AXIS) has announced the appointment of Pranav Shroff as Head of Life Sciences in North America. Based in New York, Shroff will report to Michael McKenna, Head of AXIS North America. In his new role, he will oversee the development of specialty ... Read the full article
AXIS Capital names David White as new Head of Aviation
28th August 2024
Global specialty underwriter and re/insurance provider, AXIS Capital Holdings Limited (AXIS), has announced the appointment of David White as Head of Aviation, AXIS Global Markets, effective October 1, 2024. White will be taking over from Terry Wood, who is retiring after 22 years with the company. Mark Gregory, Head of Global Markets ... Read the full article
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