Latest AXIS Capital Headlines
All the headlines from our AXIS Capital Topic Page, ordered by recency.
Steel Named AXIS Capital Executive VP, Chief Risk Officer
Jun 30 2008 // Bermuda-based AXIS Capital Holdings Limited has appointed Michael Steel as Executive Vice President and Chief Risk Officer, a newly created position, effective July 1, 2008. He will be based AXIS’ London office and...
Australia Approves AXIS Branch
May 23 2008 // Bermuda-based AXIS Capital Holdings Limited announced that AXIS Specialty Europe Limited, one of its European operating subsidiaries, has been authorized by the Australian Prudential Regulation Authority (APRA) to operate...
Ratings: Hannover Re, AXIS Capital
Mar 14 2008 // A.M. Best Co. has revised the outlook to positive from stable for the issuer credit rating (ICR) and debt ratings of Germany’s Hannover Rueckversicherung (Hannover Re) and its rated subsidiaries. Best also affirmed...
AXIS Capital Earnings Announcement Today; Conference Call Details
Feb 4 2008 // Bermuda’s AXIS Capital Holdings Limited will announce its fourth quarter 2007 and full year results after the market close today, February 4, 2008. John Charman, CEO and President, and David Greenfield, CFO, will...
AXIS Capital Extends CEO Employment Agreement
Oct 24 2007 // Bermuda-based AXIS Capital Holdings Limited has extended the employment agreement of John Charman, CEO and president, to Dec. 31, 2009. AXIS Capital is a Bermuda-based global provider of specialty lines insurance and...
Business Moves
Apr 9 2007 // AXIS Capital, Aon Media/Pro AXIS Capital, a global specialty commercial property/casualty insurer and reinsurer, agreed to acquire the assets and operations of Media/Professional Insurance (Media/Pro), a managing general...
AXIS Capital to Acquire Aon’s Media/Professional Insurance
Mar 29 2007 // AXIS Capital, a global specialty commercial property and casualty insurer and reinsurer, has agreed to acquire the assets and operations of Media/Professional Insurance (Media/Pro), a managing general underwriter...
AXIS Reorganizes; Reding Named COO
Jan 18 2007 // Bermuda’s AXIS Capital has announced a strategic reorganization “to further strengthen the global operations of AXIS Insurance,” starting with the appointment of Dennis Reding, currently that...
AXIS Names Gieryn General Counsel
Apr 19 2006 // Bermuda-based AXIS Capital Holdings Limited announced that Richard T. Gieryn, Jr., currently General Counsel of AXIS U.S. Holdings, Inc., has been promoted to General Counsel. In his current position he serves as chief...
Trident II to Sell 3,150,000 AXIS Capital Shares in Block Trade
Feb 16 2006 // Bermuda-based AXIS Capital Holdings Limited announced that Trident II, L.P. and related entities have agreed to sell 3,150,000 of AXIS Capital’s common shares in a block trade, plus any additional shares that may be...
AXIS Capital Notes Profitable Year; Reports Net Income of $90.1M
Feb 7 2006 // Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders of $90.1 million for the year ended Dec. 31, 2005, or $0.57 per diluted common share, compared with net income of $495.0...
AXIS to Raise $400 Million from Common and Preferred Share Sales
Nov 16 2005 // Bermuda’s AXIS Capital Holdings Limited announced that it has agreed to sell 6.8 million common shares in a block trade. It also intends to offer, subject to market conditions, a certain amount of preferred...
AXIS Capital Provides Estimates of Katrina Losses
Sep 21 2005 // Bermuda-based AXIS Capital Holdings Ltd. announced its initial estimates of net losses related to Hurricane Katrina to be between $500 million and $650 million. The company also reiterated its earlier guidance that these...
T.H. Lee Partners to Sell 11.6 Million Shares of AXIS Capital
May 12 2005 // Bermuda-based AXIS Capital Holdings Limited announced that Thomas H. Lee Partners and related entities (T.H. Lee) have agreed to sell approximately 11.6 million of AXIS Capital’s common shares in a block trade. The...
Axis Confirms Marsh to Sell 3.7 Million Shares
Mar 11 2005 // Bermuda-based AXIS Capital Holdings Limited announced that Marsh & McLennan Risk Capital Holdings, Ltd., a subsidiary of Marsh & McLennan Companies, Inc., has agreed to sell 3.7 million of AXIS Capital’s...
AXIS Capital Sees Net Income of $495M for Year Ended
Feb 8 2005 // Bermuda-based AXIS Capital Holdings Ltd. has reported net income for the year ended Dec. 31, 2004 of $495.0 million, or $2.98 per diluted share, compared to $532.3 million, or $3.42 per diluted share, for the year ended...
Best Assigns AXIS Capital Debt Ratings
Nov 17 2004 // A.M. Best Co. announced that it has assigned a debt rating of “bbb” to AXIS Capital Holdings Limited’s recently issued $500 million 5.75 percent senior unsecured notes, due 2014. It also assigned an...
AXIS Announces Organizational Strategic Realignment; Opening of Singapore Branch
Nov 9 2004 // Bermuda-based AXIS Capital Holdings Limited announced that it will realign its organizational structure to enhance the brand and operations of its insurance businesses and its reinsurance businesses globally. In a separate...
AXIS Capital Notes Q3 Hurricane Impact
Oct 12 2004 // AXIS Capital Holdings Ltd. reported that the total estimated net after-tax impact relating to its exposure to Hurricanes Charley, Frances, Ivan and Jeanne during the third quarter is expected to be between $190 –...
S&P Affirms AXIS ‘A’, ‘BBB’ Ratings
Sep 7 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB+” counterparty credit rating to Bermuda-based AXIS Capital Holdings Ltd. It also affirmed its “A” ratings on...
