AXIS Re Expands LatAm Treaty Operations With the Hire of Nicole Hanhart

Rhea-AI Summary

AXIS Re, part of AXIS Capital (NYSE: AXS), has appointed Nicole Hanhart as Property Underwriter for EMEA & Latin America, effective July 1. With over 20 years of experience, Hanhart will manage a Property treaty portfolio in Latin America, collaborating closely with the regional underwriting team. Gino Smith, Head of Property for EMEA & Latin America, expressed confidence that her extensive client and broker network and technical skills will enhance AXIS Re's underwriting strategy. AXIS Capital, boasting $5.2 billion in shareholder equity, is well-rated for its specialty lines insurance and treaty reinsurance services.

Positive

• Appointment of Nicole Hanhart as Property Underwriter strengthens regional expertise.
• Hanhart brings over 20 years of relevant experience, enhancing underwriting capabilities.

Negative

• None.

AXIS Re, the reinsurance business segment of AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS), today announced that Nicole Hanhart has joined AXIS Re as Property Underwriter, EMEA & Latin America effective July 1.

In this role, Ms. Hanhart will be responsible for underwriting a Property treaty portfolio for Latin America. She will work in partnership with the underwriting team responsible for this region.

“We are delighted to welcome Nicole to AXIS Re,” said Gino Smith, Head of Property, EMEA & Latin America at AXIS Re. “She brings strong technical underwriting acumen as well as an extensive client and broker network to the AXIS Re team. Nicole’s experience and expertise will enable us to continue to develop and execute our underwriting strategy for this region which forms an integral part of our overall global Property strategy.”

Ms. Hanhart joins AXIS Re following over 20 years with Partner Re, where she was most recently a Senior Underwriter with the Global Catastrophe team. Nicole’s underwriting experience includes assignments in Chile, Miami and Zurich and stretches across Latin America, the Caribbean and Europe.

Ms. Hanhart will be based in Zurich and report directly to Mr. Smith.

About AXIS Capital

AXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders' equity of $5.2 billion at March 31, 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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View source version on businesswire.com: https://www.businesswire.com/news/home/20210701005208/en/

FAQ

Who is the new Property Underwriter at AXIS Capital?

Nicole Hanhart has been appointed as the Property Underwriter for EMEA & Latin America effective July 1.

What is Nicole Hanhart's experience before joining AXIS Capital?

Nicole Hanhart has over 20 years of experience, most recently as a Senior Underwriter at Partner Re.

What is the role of Nicole Hanhart at AXIS Re?

She will manage a Property treaty portfolio for Latin America and work with the local underwriting team.

When did Nicole Hanhart join AXIS Re?

She joined AXIS Re effective July 1.

What is AXIS Capital's shareholder equity as of March 31, 2021?

AXIS Capital reported shareholders' equity of $5.2 billion as of March 31, 2021.