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 maintains XOL attachment point at mid-year, renews quota shares at consistent levels
3rd August 2023
When renewing its outwards reinsurance for its property portfolio at the mid-year renewals, Bermuda-based AXIS Capital avoided raising the attachment point on its excess of loss occurrence cover. For its insurance property book of business, AXIS renewed coverage at an attachment point in line with the previous year at $100 million, ... Read the full article
AXIS reports net income of $143m with improved combined ratio in Q2 2023
2nd August 2023
AXIS Capital Holdings Limited has announced its financial results for the second quarter of 2023, reporting an improved net income of $143 million, which compares to the $27 million seen in the same period last year. The firm's underwriting experience also improved in the period, with AXIS reporting a combined ratio ... Read the full article
AXIS Capital names Lori Bailey Head of Cyber and Technology
19th July 2023
AXIS Capital, a global specialty underwriter and provider of re/insurance solutions, has appointed Lori Bailey as Head of Cyber and Technology, a New York-based role. In her new role, Bailey will oversee the company’s Global Cyber and Technology team and will be responsible for shaping the division’s strategy, driving its profitability ... Read the full article
AXIS Capital appoints Timothy Braun as CUO of Global Financial Lines
18th July 2023
Timothy Braun has been appointed as the Chief Underwriting Officer (CUO) of Global Financial Lines at Bermuda-based re/insurer AXIS Capital. His appointment was effective June onwards and is based out of New York, U.S. Braun is a market veteran and has three decades of industry experience. He has now been with ... Read the full article
Frank Romeo to lead AXIS Capital’s marine cargo launch in the US
12th July 2023
AXIS Capital has appointed Frank Romeo to lead its entry into the US marine cargo insurance market. According to AXIS, the development of a marine cargo proposition tailored to the US market is part of the firm's broader strategy to maximise its global footprint while providing increased value to its customers ... Read the full article
AXIS Capital promotes Raj Brar to Head of International Casualty MGA
4th July 2023
AXIS Capital, a global specialty underwriter and provider of re/insurance solutions has promoted Raj Brar to Head of International Casualty MGA, where he will be based in London. His appointment is effective immediately. The company confirmed that in his new role Brar will be responsible for building and growing the Casualty MGA ... Read the full article
AXIS names Lori Bailey as Global Head of Growth within Global Cyber & Tech unit
12th June 2023
AXIS Capital Holdings Limited has announced the appointment of Lori Bailey as its Global Head of Growth within the Global Cyber & Technology division. She will be reporting to Dan Trueman, the Global Head of Cyber & Technology. In this newly created position, Bailey's remit includes shaping the team’s strategic direction. ... Read the full article
AXIS Capital hires its new Chief Data and Analytics Officer
18th May 2023
AXIS Capital Holdings Limited has announced the appointment of Rebecca O’Kill as Chief Data & Analytics Officer, effective immediately. O’Kill will report to AXIS Chief Underwriting Officer Dan Draper and will be based in London. In this role, O’Kill will be responsible for driving global data strategy and governance across AXIS. Her remit ... Read the full article
AXIS Capital makes two key leadership appointments
9th May 2023
AXIS Capital, a global specialty underwriter and provider of re/insurance solutions has appointed Mark Gregory as Head of Global Markets and Michael J. McKenna as Head of North America. Both appointees will report directly to Vince Tizzio, President and CEO of AXIS. In his new role as Head of Global Markets, Gregory, ... Read the full article
Tizzio named President and CEO of AXIS in planned leadership transition
4th May 2023
AXIS Capital, a global specialty underwriter and provider of re/insurance solutions, has announced a planned leadership transition, with Vincent C. Tizzio taking over as the company's new President and CEO. The move, which was first announced in December 2022, was timed to coincide with the company's Annual General Meeting held ... Read the full article
Megan Watt appointed AXIS Chief Claims Officer
30th March 2023
AXIS Capital Holdings Limited, a global specialty underwriter and provider of re/insurance solutions, has announced the appointment of Megan Watt as Chief Claims Officer. Based in New York, Watt will start her new role on April 17, 2023, and will report directly to Vince Tizzio, CEO Specialty Insurance and Reinsurance, ... Read the full article
Axis promotes Gonzales to Deputy Global Head of Ceded Reinsurance
17th March 2023
Axis Capital, a global specialty underwriter and provider of re/insurance solutions, has announced the promotion of Inmaculada Gonzales to Deputy Global Head of Ceded Reinsurance. In her new role, she will help advance ceded reinsurance strategic priorities and drive best practices in governance and compliance on outwards reinsurance and retrocessional placements. Gonzales ... Read the full article
AXIS Capital hires Christopher Gray as Global Head of Marine Reinsurance
7th March 2023
AXIS Capital, a global specialty underwriter and provider of re/insurance solutions, has appointed Christopher Gray as Global Head of Marine Reinsurance. Based in London, Gray is a very well respected leader within the marine protection and indemnity (P&I) market. He joins AXIS from Canopius Group, where he most recently served as the ... Read the full article
Gabriel Galanski joins AXIS Capital as Head of NA P&C programs
21st February 2023
Bermuda-based re/insurer AXIS Capital has appointed Gabriel Galanski as Head of North America property & casualty (P&C) programs. Galanski will report to John Van Decker, President of Global Financial Lines. Additionally, the role will also see him work in close partnership with the company’s Wholesale Division, led by Carlton Maner, AXIS ... Read the full article
AXIS Capital announces further commitments to reduce greenhouse gases
15th February 2023
Axis Capital, a global specialty underwriter and provider of re/insurance solutions, announced its latest steps to reduce greenhouse gases (GHG) in its ambition to transition to a low-carbon economy. The company stated it is committing to a 50% absolute reduction of Scope 1 and 2 greenhouse gas emissions by 2030 across ... Read the full article
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