AXIS Capital News
The Bottom Line: Earnings Reports for RLI, RenRe and AXIS Capital
For publicly traded commercial insurers and reinsurers that reported 2021 earnings in January 2022, net income soared nearly 40 percent, with double-digit premium growth and higher levels of ...
How Reinsurers’ Results Rebounded in First Half 2021 from 2020
The first half financial results reported by a group of six reinsurers over the past week generally show a strong return to profits after last year's challenging market conditions. A wrap-up of these ...
Dozens of Businesses Urge U.S. Carriers to Stop Covering Fossil Fuel Producers
A group of about 60 American businesses on Thursday urged their insurers to stop providing coverage to and investing in fossil fuel producers. In a letter, companies including outdoor-gear producer ...
Executives On The Move at Liberty Mutual, BHSI and AXIS Capital Holdings
A former executive with The Hartford is joining Liberty Mutual in a leadership role. Berkshire Hathaway Specialty Insurance appointed a new executive to lead its Medical Stop Loss business. AXIS ...
Insurance Hall of Fame Inducts AXIS Capital’s Chairman
AXIS Capital Holdings Ltd. said its chairman has been inducted into the International Insurance Society Insurance Hall of Fame. Michael Butt has also been named the 2019 Insurance Hall of Fame ...
AXIS Estimates Pre-Tax California Wildfire Losses Could Hit $150M
AXIS Capital Holdings Ltd. predicts between $125 million and $150 million in pre-tax losses for the 2018 fourth quarter stemming primarily from California wildfires. AXIS said that the preliminary ...
Taming the Data Storm: Business Strategy for Specialty Insurers
Harnessing data effectively is the specialty insurance sector's next great evolutionary step. Success in underwriting will soon demand that carriers strategically tap into the enormous pools of data ...
S&P Changes Lloyd’s Outlook to Negative; Cat Loss Tallies Continue
While affirming the A+ financial strength rating of the Society of Lloyd's, S&P Global Ratings announced said Thursday that it revised the rating outlook to negative from stable in the wake of ...