Latest AXIS Capital Headlines
All the headlines from our AXIS Capital Topic Page, ordered by recency.
AXIS Reports Q2 Net Income of $63M, Compared to $191M in Q2 2014
Jul 29 2015 // AXIS Capital Holdings Limited reported net income available to common shareholders for the second quarter of 2015 of $63 million, or $0.63 per diluted common share, compared with $191 million, or $1.79 per diluted common...
Update: AXIS Capital, PartnerRe Sweeten Deal with Higher Special Dividend
Jul 16 2015 // Specialty insurer and reinsurer AXIS Capital Holdings Ltd and PartnerRe Ltd agreed to sweeten the terms of their merger agreement to fend off a rival bid from Italy’s EXOR SpA. The companies agreed on Thursday to...
PartnerRe Weighs New Deal Terms with AXIS to Fend Off EXOR’s Rival Offer
Jul 13 2015 // PartnerRe Ltd., seeking to fend off a hostile $6.8 billion cash bid from EXOR SpA, is weighing whether it can arrange new terms with rival reinsurer AXIS Capital Holdings Ltd. to preserve their planned merger. The two...
AXIS Capital Not Engaged in Buyout Talks with Arch – Sources
Jun 19 2015 // AXIS Capital Holdings Ltd. has not communicated with any potential acquirer, including Arch Capital Ltd., since it engaged in merger talks with competitor PartnerRe Ltd last fall, people familiar with the matter said on...
Shareholders to Vote on Proposed Merger of AXIS Capital, PartnerRe on July 24
Jun 2 2015 // AXIS Capital Holdings Ltd. and PartnerRe Ltd. have scheduled special shareholder meetings to vote on the proposed merger of AXIS Capital and PartnerRe. AXIS Capital’s special meeting of shareholders in connection...
AXIS Capital Could Attract Offer From Arch Capital: Report
May 7 2015 // AXIS Capital Holdings Ltd. climbed in New York trading on Wednesday after “Insurance Insider” reported that the company, which has agreed to merge with PartnerRe Ltd., could draw a bid from Arch Capital Group...
PartnerRe Rejects EXOR Offer; Confirms AXIS Deal w/ Enhanced Terms
May 4 2015 // Bermuda-based PartnerRe Ltd. announced that its Board of Directors has rejected the unsolicited proposal by EXOR S.p.A. to acquire PartnerRe at a price of $130 per share, and reconfirmed its commitment to the planned...
AXIS Reports Q1 Operating Income of $136M on Low Catastrophe Losses
Apr 30 2015 // Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the first quarter of 2015 of $156 million, or $1.54 per diluted common share, compared with $137 million, or $1.24 per...
AXIS Capital Reports Q4 Operating Income of $120 Million, $563 Million for 2014
Feb 4 2015 // AXIS Capital Holdings Limited reported a net income available to common shareholders for the fourth quarter of 2014 of $164 million, or $1.60 per diluted common share, compared with net income of $172 million, or $1.52 per...
Best Places AXIS and Subs Ratings under Review w/ Negative Implications
Jan 27 2015 // A.M. Best has placed under review with negative implications the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit ratings (ICR) of “aa-” of AXIS Specialty Limited and its...
AXIS to Merge with PartnerRe to Create $11 Billion Reinsurer
Jan 26 2015 // AXIS Capital Holdings Ltd. agreed to merge with PartnerRe Ltd., combining two Bermuda-based reinsurers with a total market value of almost $11 billion amid accelerating consolidation in the industry. PartnerRe shareholders...
AXIS Capital Reports $191 Million Q2 Net Income; $173 Million Operating
Jul 30 2014 // Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the second quarter of 2014 of $191 million, or $1.79 per diluted common share, compared with $72 million, or $0.62 per...
AXIS Capital Reports $137 Million Q3 Net Income; $512 Million 1st 9 Months
Nov 1 2013 // Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the third quarter of 2013 of $137 million, or $1.21 per diluted common share, compared with $223 million, or $1.82 per...
AXIS Capital Posts $72 Million Q2 Net Income; $50 Million Operating
Jul 31 2013 // Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the second quarter of 2013 of $72 million, or $0.62 per diluted common share, compared with $168 million, or $1.35 per...
S&P Affirms AXIS Capital and Subs Ratings; Outlook Stable
May 22 2013 // Standard & Poor’s Ratings Services has affirmed its ‘A-‘ counterparty credit and senior debt ratings on AXIS Capital Holdings Ltd., as well as the ‘A+’ counterparty credit and financial...
AXIS Capital Posts $303 Million Q1 Net Income; $227 Million Operating
Apr 29 2013 // Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders for the first quarter of 2013 of $303 million, or $2.55 per diluted common share, compared with $122 million, or $0.96 per...
Earnings Report: AXIS Capital Holdings
Feb 6 2013 // Selected earnings highlights* from Bermuda-based AXIS Capital Holdings for the fourth quarter and the full year 2012 are as follows: ———————————— 4th...
AXIS Capital Announces New $750 Million Share Repurchase
Dec 19 2012 // Bermuda-based AXIS Capital Holdings Limited announced that the Company’s Board of Directors has authorized the repurchase of $750 million of the Company’s common shares from “time to time in open market...
Gesick Joins AXIS Capital as Group Chief Actuary
Oct 3 2012 // Bermuda-based AXIS Capital Holdings Limited announced that Eric Gesick has joined the Company in the new position of Group Chief Actuary. He also joins the Executive Committee of AXIS Capital, and will lead the...
