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Axis Capital Holdings Limited (symbol: AXS) is a global leader in the insurance and reinsurance industry. The company offers a wide array of specialized risk transfer products and services, providing financial security and innovative solutions to clients and distribution partners worldwide. With a robust financial backbone, Axis Capital is rated “A+” (Strong) by Standard & Poor’s and “A+” (Superior) by A.M. Best, both with a stable outlook.
Headquartered in Bermuda, Axis Capital operates through a network of subsidiaries and branches spread across the United States, Canada, Europe, Australia, Latin America, and Singapore. The company's operations are divided into two main segments: AXIS Insurance and AXIS Reinsurance. AXIS Insurance delivers customized property, casualty, professional lines, and other specialty coverage through wholesale and retail brokers and managing general underwriters. Concurrently, AXIS Reinsurance provides capacity and expertise across treaty and facultative reinsurance on a global scale.
The company's dedicated teams in underwriting, claims, modeling, and actuarial functions are noted for their depth of knowledge and industry experience, positioning Axis Capital as a preferred partner. Axis's ethical, entrepreneurial, and disciplined culture promotes outstanding customer service and intelligent risk management, fostering long-lasting relationships and trust with their clients.
Axis Capital is committed to continuous improvement and adaptability, which is evident through its recent accomplishments and ongoing projects. The company consistently explores new avenues to enhance its product offerings and expand its market reach. This dedication to excellence and innovation ensures that Axis Capital remains at the forefront of the insurance and reinsurance sectors.
- Recent achievements include strategic partnerships that have fortified the company’s market position and broadened its service capabilities.
- Current projects focus on leveraging advanced technologies and data analytics to optimize risk assessment and underwriting processes.
- The company's strong financial condition is reflected in its stable outlook ratings, underscoring its reliability and claims-paying ability.
For more detailed information about their services and latest developments, visit their official website at Axis Capital.
AXIS Capital Holdings Limited (NYSE: AXS) will announce its third-quarter financial results for the period ending September 30, 2021, on October 27, 2021, after market close. The management team, including CEO Albert Benchimol and CFO Peter Vogt, will discuss the results during a teleconference on October 28, 2021, at 9:30 a.m. EDT. Shareholders can access the call via phone or through a live webcast on AXIS Capital's website. The company, a global provider of specialty lines insurance and treaty reinsurance, reported shareholders' equity of $5.4 billion as of June 30, 2021.
AXIS Capital Holdings Limited (NYSE:AXS) announced a quarterly dividend of $0.42 per common share, payable on October 15, 2021 to shareholders of record on October 4, 2021. Additionally, a dividend of $34.375 per Series E 5.50% Preferred Share (equivalent to $0.34375 per depositary share) has also been declared, with the same payment date and record date. The company reported shareholders' equity of $5.4 billion as of June 30, 2021.
AXIS Insurance, part of AXIS Capital Holdings Limited (NYSE:AXS), announced three key appointments within its US Renewables team to enhance relationships with brokers and develop new business opportunities. Becky Nace-Grover was appointed as Senior Underwriter, Kamran Hameed as Cross-Class Underwriter, and German Torres as Underwriter. These roles are critical due to the growing demand in the renewable energy sector, particularly wind, solar, and battery storage projects in the US. These strategic hires aim to strengthen the company’s service delivery in this expanding market.
AXIS Capital has appointed Abiy Dadi as Vice President of the U.S. Excess Casualty team, effective immediately. Dadi will focus on enhancing relationships with wholesale distribution partners and executing underwriting strategy. He brings extensive experience from CRC Group, where he was an Associate Broker, managing casualty production and training operations since 2012. This leadership change aims to bolster business opportunities and strengthen AXIS's market position.
AXIS Insurance, the specialty insurance segment of AXIS Capital Holdings, has announced the promotion of Usman Malik to Chief Pricing Actuary. In his new role, Malik will lead pricing strategy globally, focusing on consistent portfolio construction and underwriting alignment. He succeeds Brian Kemp, who has moved to a new role as global Chief Data Officer. Malik has over nine years of experience at AXIS, previously serving as Deputy Chief Pricing Actuary and Head of Property Pricing. This promotion underscores the company's commitment to talent development.
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.
AXIS Insurance has appointed three new leaders within its U.S. Excess and Surplus Property team, effective immediately. Michael Worman and David Malcom join as Senior Vice Presidents, while Lisa Finch comes in as Vice President. Their roles will focus on developing new business opportunities and enhancing relationships with distribution partners. Each has substantial experience, with Worman bringing 12 years, Malcom 18 years, and Finch over 40 years in the industry. AXIS Capital, parent company of AXIS Insurance, has a strong financial standing with $5.4 billion in shareholders' equity.
AXIS Capital Holdings Limited (NYSE: AXS) reported strong second-quarter results for 2021, with net income of $228 million ($2.67 per diluted share), significantly up from $112 million ($1.33 per diluted share) in Q2 2020. The company saw a 22% growth in gross premiums written, totaling $1.9 billion, driven by robust underwriting and investment performance. The current year ex-cat combined ratio improved to 88.7%. Management anticipates continued favorable pricing dynamics through 2022, providing a potential boost to underwriting profitability.
AXIS Re, part of AXIS Capital (NYSE:AXS), announced three internal promotions to bolster its reinsurance capabilities. Simon Stirnemann has been elevated to Head of EMEA LatAm Casualty, bringing over 15 years of experience. In addition, Allison Janisch is now Global Head of Casualty, while Rich Phillips is appointed Global A&H Product Lead. These roles aim to enhance coordination and leadership in the reinsurance segment, with appointments effective July 1. AXIS Capital maintains a strong financial foundation, evidenced by a $5.2 billion shareholder equity as of March 31, 2021.
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