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 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
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
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