Alexander Riveros Joins AXIS Re as Senior Underwriter for Credit & Surety to Focus on Latin American Market

Rhea-AI Summary

AXIS Re, a segment of AXIS Capital (NYSE: AXS), has appointed Alexander Riveros as Senior Underwriter for Credit & Surety, starting August 23. Riveros will focus on the Latin American market, aiming to enhance the business’ portfolio goals in credit and surety while building strong client relationships. He brings over 25 years of industry experience, previously serving as a Senior Surety Underwriter at Markel International. AXIS Capital reported shareholders' equity of $5.4 billion as of June 30, 2021, with strong ratings from Standard & Poor's and A.M. Best.

Positive

• Appointment of Alexander Riveros as Senior Underwriter, expected to enhance market presence in Latin America.
• Riveros' extensive experience (25+ years) in the Latin American (re)insurance industry.
• Strong focus on fostering relationships with clients and brokers.

Negative

• None.

AXIS Re, the reinsurance business segment of AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS), today announced that Alexander Riveros has joined AXIS Re as Senior Underwriter, Credit & Surety, effective August 23. Mr. Riveros will report directly to Camilo Rodriguez, Head of International Credit & Surety.

In this role, Mr. Riveros will be responsible for covering the Latin American market and will contribute to driving the business’ portfolio goals for credit & surety as well as fostering strong partnerships with clients and brokers.

“We’re delighted to welcome Alexander to AXIS Re,” said Mr. Rodriguez. “He brings strong expertise in this space and a track record of success in the Latin American market making him a great addition to the Credit & Surety team.”

Mr. Riveros joins AXIS Re following over 25 years in the Latin American (re)insurance industry, most recently as a Senior Surety Underwriter at Markel International. He will be based in Zurich.

About AXIS Capital

AXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders' equity of $5.4 billion at June 30, 2021, and locations in Bermuda, the United States, Europe, Singapore and Canada. Its operating subsidiaries have been assigned a rating of "A+" ("Strong") by Standard & Poor's and "A" ("Excellent") by A.M. Best. For more information about AXIS Capital, visit our website at www.axiscapital.com.

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FAQ

Who is Alexander Riveros at AXIS Re?

Alexander Riveros has joined AXIS Re as Senior Underwriter for Credit & Surety, effective August 23.

What is Riveros's professional background?

He has over 25 years of experience in the Latin American (re)insurance industry, previously working at Markel International.

What are Riveros's responsibilities at AXIS Re?

He will cover the Latin American market and drive portfolio goals in credit and surety.

What is AXIS Capital's shareholders' equity?

AXIS Capital reported shareholders' equity of $5.4 billion as of June 30, 2021.

How is AXIS Capital rated?

AXIS Capital has an 'A+' rating from Standard & Poor's and an 'A' rating from A.M. Best.