AXIS Capital Holdings News

AXIS Capital Names Becker as Chair-Elect of Board of Directors, Succeeding Smith

AXIS Capital Holdings Ltd., the Bermuda-based specialty re/insurer, announced that W. Marston (Marty) Becker will succeed Henry B. Smith as non-executive chair of its Board of Directors. Smith, who has served as chair since May of 2020, has decided to …

People Moves: AXIS Names Lord as Global CIO, Barriero as Head of Strategic Sourcing, Corporate Real Estate; Xenia Taps Stennett From Allianz Trade as CEO

This edition of International People Moves details appointments at AXIS Capital Holdings and Xenia Broking Group. A summary of these new hires follows here. AXIS Names Lord as Global CIO, Barriero as Head of Strategic Sourcing, Corporate Real Estate AXIS …

AXIS Gets In-Principle Approval to Launch Energy Resilience Syndicate at Lloyd’s

AXIS Capital Holdings Ltd. announced it has received in-principle approval from Lloyd’s to launch a syndicate that will focus on providing capacity for new energy projects with a critical role in supporting the transition to net zero. Through Energy Resilience …

AXIS Capital Sponsors First Cyber-Catastrophe Bond Issued in Public Debt Markets

For the first time, a cyber-catastrophe bond has made its way into public debt markets. Long Walk Reinsurance Ltd. issued a $75 million so-called cat bond, sponsored by AXIS Capital, to insure against “a cyber-catastrophe event” across its main underwriting …

AXIS and Stone Point Credit Launch Monarch Point Re, Raising Over $400M of Capital

AXIS Capital Holdings Ltd., together with its direct and indirect subsidiaries and branches, announced that it has partnered with Stone Point Credit Adviser LLC to launch Monarch Point Re, a newly created collateralized reinsurer. The launch was accompanied by a …

Reinsurers Hope Profitability Party Will Last – But All Good Things Must End

Executive summary: Fitch Ratings is projecting reinsurer returns on equity of 14% in 2023 and 2024, results that reflect a reinsurance environment that has effectively returned to the pre-soft market state of providing capital protection rather than earnings protection for …

People Moves: RenRe Promotes Lang to Group Chief Risk Officer, Succeeding Branagan; AXIS Taps Former Corvus Exec as Head of Global Cyber & Technology

This edition of International People Moves details appointments at RenaissanceRe and AXIS Capital Holdings. A summary of these new hires follows here. RenaissanceRe Promotes Lang to Group Chief Risk Officer, Succeeding Branagan RenaissanceRe Holdings Ltd. announced that Robin Lang will …

People Moves: Canopius Taps Former AXA XL Exec Cooper as Head of Reinsurance & Bermuda CEO; AXIS Re International Appoints Chubb’s Kent as President

This edition of International People Moves details appointments at Canopius and AXIS Capital Holdings. A summary of these new hires follows here. Canopius Taps Former AXA XL Exec Cooper as Head of Reinsurance & Bermuda CEO Canopius Group, a leading …

Tizzio Becomes President and CEO of AXIS Capital, Succeeding Benchimol

AXIS Capital Holdings Ltd. announced that Vincent C. Tizzio assumed the role of president and CEO of AXIS as part of a planned leadership transition, first announced in December 2022, and timed to the company’s annual general meeting held at …

People Moves: AXIS Appoints Galanski Head of N.A. P/C Programs; Ningen Named Swiss Re CEO of U.S. P/C

AXIS Appoints Galanski as Head of North America Property & Casualty Programs Gabriel Galanski has joined AXIS Capital Holdings Limited as head of North American property and casualty programs. Galanski will manage, develop and administer programs and will work in …