AXIS Capital Holdings News
For AXIS, Trend Continues of Post-Acquisition Positive Financial Results
AXIS Capital Holdings saw its 2018 second quarter behave very much like the first: healthy gains in net income and premiums written. These gains stem mostly from the Bermuda-based insurer and ...
AXIS Sees Early Benefits From 2017 Novae Acquisition
AXIS Capital Holdings saw its first-quarter net income and premium volume jump considerably, year-over-year, gains driven largely from its $611.5 million acquisition of Novae Group plc in late 2017. ...
AXIS’ A.M. Best Outlooks Revised to Negative; Struggling Insurance Arm Blamed
AXIS Capital Holdings' money-losing insurance segment has drawn the attention of A.M. Best, which revised its outlooks for the Bermuda-based carrier to negative from stable, based largely on its ...
AXIS Capital’s Q4 Is a Money-Loser; CEO Benchimol Blames Catastrophes, Ogden Rate Change
AXIS Capital Holdings rounded out 2017 with a money-losing quarter, but the Bermuda-based insurer and reinsurer blamed more than just "significant" catastrophe losses. AXIS reported a 2017 fourth ...
AXIS Capital Weaves Greater Tech Use Into New Reorg Plan
AXIS Capital Holdings is reorganizing its operations in a bid to focus more on technology and innovation, with an eye on long-term profitable growth. Executives hope to put the new changes in place ...
AXIS Capital Closes Novae Acquisition, Discloses Revamped Executive Team
AXIS Capital Holdings Ltd. it has finalized its acquisition of Novae Group plc, which creates a $2 billion insurer in London and a top ten re/insurer at Lloyd's, with 2016 global gross written ...
Executives On The Move at AXIS Insurance, Starr Companies, Everest Re and JLT Re
AXIS Insurance tapped an Aspen Insurance veteran to be its new renewable energy underwriter. Starr Companies has a new global chief claims officer. JLT Re named a new executive in a key role.
AXIS to Launch Lloyd’s Managing Agency
Bermuda-based AXIS Capital Holdings Ltd. announced it will launch a Lloyd's managing agent after receiving authorization from Lloyd's, the UK Prudential Regulation Authority (PRA) and the Financial ...
AXIS Will Grab Lloyd’s Specialty Insurer/Reinsurer Novae for $604M
AXIS Capital Holdings Ltd. announced it is acquiring Novae Group plc, a specialty insurer and reinsurer that operates through Lloyd's of London. "The US$604 million transaction adds scale and breadth ...