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.
Hail responsible for 55% of solar PV weather claims in North America: AXIS Capital
11th July 2025
A new report from AXIS Capital Holdings Limited reveals that hail accounts for 55% of the total gross claims related to natural catastrophes and extreme weather for solar photovoltaics (PV) in the US and Canada. AXIS's Global Energy team has published a report, "Solar vs. Hail Pivoting Away From Danger", to ... Read the full article
AXIS promotes Peter Smith and Tara Sapru to leaders in Global Cyber & Technology
4th June 2025
Bermuda-domiciled insurer and reinsurer AXIS Capital Holdings has appointed Peter Smith as the Head of Cyber North America and Tara Sapru as the Head of Technical Underwriting in its Global Cyber & Technology (GCT) team, effective immediately. As the Head of Cyber North America, Smith will lead underwriting strategy and efforts ... Read the full article
AXIS enhances Global Markets team structure with several organisational changes
28th May 2025
AXIS, a provider of specialty insurance and reinsurance solutions, has announced a number of organisational changes to further enhance underwriting and operational performance within AXIS Global Markets. Sara Farrup, Head of Global Markets, commented: “As part of AXIS’s commitment to continual progress and leadership in specialty, we are aligning several of ... Read the full article
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
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
