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 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
AXIS sees Q2 net income hit $204m as GWP swell 7% to $2.4bn
31st July 2024
AXIS Capital has revealed that net income available to common shareholders in Q2 of 2024 was $204 million, up from $143 million in Q2 of 2023, while gross written premiums (GWP) increased by $156 million, or 7%, to $2.4 billion. Within this GWP growth, there was an increase of $130 million, ... Read the full article
AXIS expands partnership with Elpha Secure to enhance cyber portfolio
28th June 2024
AXIS Capital Holdings Limited has expanded its partnership with Elpha Secure, which initially commenced in 2021, when AXIS became both an investor in and a capacity provider for the company. Lori Bailey, Head of Global Cyber & Technology at AXIS, commented, “In extending our partnership with Elpha Secure, we are ... Read the full article
AXIS launches Cyber Incident Commander for rapid response support
21st June 2024
AXIS Capital Holdings Limited (AXIS) has recently launched AXIS Cyber Incident Commander, a new service designed to assist policyholders facing cyber incidents by providing them with a single point of contact for immediate guidance from experienced cyber experts. Nicholas P.R. Steinmann will lead Incident Commander, which specifically serves US-based direct primary ... Read the full article
IUA launches London forum for mergers and acquisitions insurance focus
21st June 2024
A new London company market forum, operated by the International Underwriting Association (IUA), which represents London-based international and wholesale insurance and reinsurance companies, is centring its efforts on warranty and indemnity insurance. This type of insurance is crucial in mergers and acquisitions, helping to mitigate losses stemming from contractual warranties. Recently formed, ... Read the full article
AXIS names Paul Boulos and Rob Ryan as Heads of Ocean Marine
11th June 2024
Global specialty underwriter and provider of re/insurance, AXIS Capital Holdings Limited, has made senior leadership appointments with the addition of Paul Boulos and Rob Ryan as Heads of Ocean Marine, effective immediately. The duo will report to Michael McKenna, Head of North America. McKenna, commented on the appointments, "Paul and Rob join ... Read the full article
AXIS sees sharp rise in net income in Q1, CR sits at 91.1%
2nd May 2024
AXIS Capital Holdings Limited has reported a substantial rise in net income for the first quarter of 2024, as it climbed to $388 million from the $173 million figure that the company posted in the first quarter of 2023. Operating income for Q124 sat at $220 million, compared to operating income ... Read the full article
Ludwig Nagata to lead AXIS’ expansion into Environmental Impairment Liability
12th April 2024
AXIS Capital, a global specialty underwriter and provider of insurance and reinsurance solutions, is expanding its suite of specialty insurance solutions in North America by launching a Canadian Environmental Impairment Liability (EIL) insurance unit, set to be led by Ludwig Nagata. Nagata, has joined AXIS as Assistant Vice President, Environmental, Canada. In ... Read the full article
Robson to retire as AXIS Global Markets Head of Underwriting
10th April 2024
AXIS Capital has announced that Alistair Robson, Head of Underwriting for AXIS Global Markets, and Chief Underwriting Officer (CUO) of AXIS Managing Agency, has decided to retire. The company has confirmed that he will leave AXIS at the end of June 2024 after 13 years of service with the firm, ... Read the full article
AXIS names Kyle Freeman Head of ILS
21st March 2024
Global specialty underwriter and provider of re/insurance, AXIS Capital Holdings Limited, has announced the appointment of Kyle Freeman as Head of AXIS ILS, effective immediately. In his new role, Freeman will be responsible for overseeing AXIS Capital’s activities related to third party assets under management in support of its ambition to ... Read the full article
AXIS hires SCOR’s Simon Dejung as CUO, Global Cyber & Technology
5th March 2024
AXIS Capital Holdings Limited, the global specialty underwriter and provider of re/insurance solutions, has hired Simon Dejung as Chief Underwriting Officer, Global Cyber & Technology (GCT), effective immediately. In the role, he will be based in Zurich, Switzerland, reporting to Lori Bailey, Head of Global Cyber & Technology As CUO, GCT, Dejung ... Read the full article
W. Marston Becker to succeed Henry Smith as AXIS non-exec Chair
29th February 2024
Global specialty underwriter and provider of re/insurance solutions, AXIS Capital has announced the appointment of W. Marston (Marty) Becker as non-executive Chair of its Board of Directors. Becker will take over the position in May 2024, timed to the company’s Annual General Meeting, succeeding Henry B. Smith, who has served as ... Read the full article
AXIS promotes Edward Ashby to Chief Commercial Officer
29th February 2024
Bermuda-based insurer and reinsurer, AXIS Capital Holdings Limited, has promoted Edward Ashby to the newly created position of Chief Commercial Officer, in addition to his current role as the Global Head of Distribution for insurance. With his new role, Ashby takes on responsibility for elevating AXIS’ business development strategies, enhancing its ... Read the full article
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