AXIS Promotes Kyle Freeman to Head of ILS

Rhea-AI Summary

AXIS Capital Holdings (AXS) appoints Kyle Freeman as Head of AXIS ILS, aiming to enhance specialty leadership. Freeman brings extensive ILS and reinsurance experience, leading innovative initiatives like the Long Walk Re transaction.

PEMBROKE, Bermuda--(BUSINESS WIRE)-- AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) announced today that it has appointed Kyle Freeman as Head of AXIS ILS, effective immediately. Mr. Freeman’s responsibilities will include overseeing the Company’s activities related to third party assets under management in support of its ambition to achieve specialty leadership. He will report directly to AXIS Chief Financial Officer Peter Vogt.

“Kyle is a valued leader within the AXIS organization who has extensive knowledge and experience in ILS, working with the investor community, and creating alternative reinsurance structures. Further, he has a proven track record of innovation within our company, including most recently leading the Long Walk Re transaction, where AXIS closed the market’s first 144A cyber catastrophe bond,” said Mr. Vogt. “We look forward to the continued development of our ILS initiatives under Kyle’s leadership, programs that will be essential to AXIS advancing its leadership position in specialty.”

Mr. Freeman joined AXIS in 2021 as Head of ILS Structuring, Property, and was responsible for managing existing investor relationships as well as capital invested in property catastrophe sidecars, catastrophe bonds, joint ventures, and other ILS structures. Prior to AXIS, Mr. Freeman served as Head of North America Programs Pricing for AXA XL. He also held senior roles at companies such as JPMorgan, AIR Worldwide, and USAA. Before entering the corporate world, Mr. Freeman served for seven years in the U.S. Navy where he was a nuclear engineer and submarine officer.

About AXIS Capital 
AXIS Capital, through its operating subsidiaries, is a global specialty underwriter and provider of insurance and reinsurance solutions. The Company has shareholders’ equity of $5.3 billion at December 31, 2023, and locations in Bermuda, the United States, Europe, Singapore and Canada. Its operating subsidiaries have been assigned a financial strength 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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View source version on businesswire.com: https://www.businesswire.com/news/home/20240321196344/en/

Investor Contact

Cliff Gallant

+1 (415) 262-6843

investorrelations@axiscapital.com

Media Contact

Nichola Liboro

+1 (212) 940 3394

nichola.liboro@axiscapital.com

Source: AXIS Capital Holdings Limited

FAQ

Who has AXIS Capital appointed as Head of AXIS ILS?

AXIS Capital has appointed Kyle Freeman as Head of AXIS ILS.

What are Kyle Freeman's responsibilities in his new role?

Kyle Freeman will oversee the Company’s activities related to third party assets under management to achieve specialty leadership.

Who will Kyle Freeman report to in his new role?

Kyle Freeman will report directly to AXIS Chief Financial Officer Peter Vogt.

What is Kyle Freeman's background and experience?

Kyle Freeman has extensive knowledge and experience in ILS, working with the investor community, creating alternative reinsurance structures, and has a proven track record of innovation within AXIS.

What innovative initiative did Kyle Freeman lead recently?

Kyle Freeman led the Long Walk Re transaction, where AXIS closed the market’s first 144A cyber catastrophe bond.