Welcome to our dedicated page for Axis Capital Holders news (Ticker: AXS), a resource for investors and traders seeking the latest updates and insights on Axis Capital Holders stock.
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 Insurance, a part of AXIS Capital (NYSE:AXS), has announced the hiring of two seasoned underwriters for its Global Cyber and Technology team. Alex White joins as Senior Underwriter focusing on Cyber and Technology Errors and Omissions in Bermuda, while Jeff Bayer will focus on similar risks for small and medium-sized enterprises in the U.S. Both individuals bring years of relevant experience, enhancing AXIS's capabilities to address complex risks in the evolving cyber threat landscape.
AXIS Insurance has partnered with Elpha Secure to enhance cyber insurance solutions for small businesses. This collaboration aims to provide comprehensive cyber security tools through Elphaware, a SaaS application designed to mitigate cyber threats. Key features of Elphaware include secure backups, multi-factor authentication, rapid system restoration, VPN creation, and anomaly detection. Dan Trueman, Global Head of Cyber and Technology at AXIS, emphasized the need for effective cyber risk management. The partnership is expected to improve resilience and stability for small enterprises facing increasing cyber risks.
AXIS Insurance, a segment of AXIS Capital Holdings Limited (NYSE: AXS), has appointed Paul Fillbrook as Senior Underwriter for International Accident & Health. Mr. Fillbrook will focus on Personal Accident, Illness, and Travel markets, specifically in Aviation and Marine industries, while based in London. His extensive 30-year experience includes roles at Brit Insurance Group and AEGIS. This strategic hiring aims to enhance AXIS's international business growth and improve solutions for complex client risks.
AXIS Capital announced the appointment of Michael Millegan and Axel Theis to its Board of Directors, effective April 1. Millegan will serve on the Audit and Compensation Committees, while Theis will be part of the Audit and Risk Committees. Chairman Henry Smith praised their leadership experience, highlighting Millegan’s background in digital technology and Theis’s extensive knowledge in the insurance sector. This move is part of a succession planning strategy intended to balance experienced and new perspectives within the Board. The Board will now consist of 11 members, 10 of whom are independent.
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.
AXIS Insurance, part of AXIS Capital Holdings Limited (NYSE:AXS), has appointed Jennifer Miller as a Senior Underwriter in its Environmental Liability team. Effective immediately, she will target new business opportunities and enhance relationships with distribution partners in the U.S. South and Central regions. With over 30 years of experience, Miller has held key underwriting roles at various companies and holds a Master of Science in Water Resources & Environmental Engineering from Villanova University.
AXIS Capital Holdings Limited (NYSE:AXS) has declared a quarterly dividend of $0.42 per common share, payable on April 15, 2021, to shareholders of record by March 31, 2021. Additionally, a dividend of $34.375 per Series E 5.50% Preferred Share (or $0.34375 per depositary share) will also be distributed on the same date to eligible shareholders. With shareholders' equity at $5.3 billion as of December 31, 2020, AXIS Capital maintains strong ratings of A+ from Standard & Poor's and A from A.M. Best.
AXIS Insurance has appointed Carol Chavers as the new Underwriting Innovation Lead for Small Specialty Commercial. This strategic move aims to enhance underwriting processes and digital capabilities within the unit. Ms. Chavers will focus on boosting growth for the AXIS Home Based Business product, tailored for home businesses. With nearly 30 years of underwriting experience, she previously held senior roles at The Cincinnati Insurance Company and CNA Financial. She will report to Jill Bryant, Head of Small Specialty Commercial.
AXIS Re, a segment of AXIS Capital (NYSE: AXS), appointed Michelle Glass as a Senior Underwriter for the North America Casualty team, effective February 1, 2021. Glass brings over 20 years of experience from Munich Re, enhancing AXIS Re's underwriting capabilities. Additionally, Halina Herc is transferred to the same team from the AXIS Re Regional & Multi-line team, effective February 1, 2021. AXIS Capital reports shareholders' equity of $5.3 billion as of December 31, 2020, and maintains strong ratings of "A+" from S&P and "A" from A.M. Best.
AXIS Re has appointed Katie Partington Howarth as Chief Underwriting Officer and Head of the Reinsurance Products Division. Reporting to CEO Steve Arora, she will oversee global underwriting and portfolio management. With over 20 years in the reinsurance sector, her previous expertise includes senior roles at Argo and Ariel Re. This leadership change aims to strengthen AXIS Re's profitability in the reinsurance market, supported by Ms. Partington Howarth's extensive experience and analytical skills.
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