AXIS Re Welcomes Kavan Tucker as Sr. Underwriter, Mortgage

Rhea-AI Summary

AXIS Re, a segment of AXIS Capital Holdings, has appointed Kavan Tucker as a Senior Mortgage Underwriter, effective March 1, 2021. With nearly 20 years in the industry, Tucker's expertise spans mortgage, specialty, property, and ILS sectors. He aims to develop a profitable Mortgage book focusing on U.S. GSEs and Mortgage Insurer transactions, enhancing key client relationships. AXIS Capital has a shareholder equity of $5.3 billion and holds strong ratings from Standard & Poor's and A.M. Best.

Positive

• Kavan Tucker appointed as Senior Mortgage Underwriter, bringing 20 years of expertise.
• Focus on developing a profitable Mortgage book targeting U.S. GSEs and Mortgage Insurer transactions.
• Strong company ratings: 'A+' from Standard & Poor's; 'A' from A.M. Best.

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• None.

AXIS Re, the reinsurance business segment of AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS), today announced the hiring of Kavan Tucker to the AXIS Re Global Markets team as a Senior Mortgage Underwriter, effective March 1, 2021.

“We’re delighted to welcome Kavan Tucker to AXIS Re, Global Markets,” said Ann Haugh, Global Markets President for AXIS Re. “Kavan brings nearly 20 years of industry experience to AXIS Re with a background in mortgage as well as specialty, property, and ILS. His track record in specialty underwriting and experience in mortgage reinsurance will be a valuable asset to our team as we continue to drive our strategy forward and further grow and build on this portfolio.”

In his new role, Mr. Tucker will be responsible for developing and maintaining a profitable Mortgage book of business, with a focus on U.S. Government-Sponsored Enterprises (GSE) and Mortgage Insurer transactions, while also fostering key client and broker relationships. Mr. Tucker joins AXIS Re most recently from an ILS (re)insurance platform start-up and brings experience from companies such as AXA XL, AmTrust Financial and Flagstone Re. He will work from AXIS Re’s Bermuda office.

About AXIS Capital

AXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders' equity at December 31, 2020, of $5.3 billion 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/20210223005689/en/

FAQ

Who is Kavan Tucker and what is his role at AXIS Capital?

Kavan Tucker is the newly appointed Senior Mortgage Underwriter at AXIS Re, effective March 1, 2021.

What experience does Kavan Tucker bring to AXIS Re?

Kavan Tucker brings nearly 20 years of industry experience in mortgage, specialty, property, and ILS.

What is the focus of Kavan Tucker's work at AXIS Re?

He will focus on developing a profitable Mortgage book of business, targeting U.S. GSEs and Mortgage Insurer transactions.

What is AXIS Capital's shareholder equity?

AXIS Capital has a shareholders' equity of $5.3 billion as of December 31, 2020.

What ratings does AXIS Capital hold from rating agencies?

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