AXIS to Stop Insuring Energy, Mining Without Backing of Indigenous Communities October 17, 2022 By Noor Zainab Hussain and Simon Jessop Reinsurer AXIS Capital said it would refuse to underwrite energy, mining and other projects that did not have the backing...
AXIS Capital Launches Wholesale Division September 8, 2022 AXIS Capital Holdings Ltd. announced that it has launched AXIS Wholesale, a new division dedicated specifically to servicing the wholesale...
Rising Premiums, Low Catastrophe Losses Boost U.S., Bermuda Reinsurers’ H1 Profits August 24, 2022 U.S. and Bermuda reinsurers reported strong operating performance for the first six months of 2022, supported by continued pricing increases...
AXIS Exits Property Reinsurance to Focus on Specialty; Leadership Team Restructured June 8, 2022 By L.S. Howard AXIS Capital Holdings Ltd. announced it has completed the shift of AXIS Re from property reinsurance to focus instead on...
AXIS Insurance International Launches Portfolio Underwriting Unit in London May 4, 2022 AXIS Capital Holdings Ltd. has launched a portfolio underwriting unit, which targets multi-class portfolio business that is placed in the...
Is AXIS Selling Its Reinsurance Business? Some Say: Where There’s Smoke, There’s Fire April 29, 2022 By L.S. Howard AXIS Capital Holding’s chief executive officer would not comment on reports that the company is looking to sell its reinsurance...
Reinsurers Show Strong Profits During 2nd Half, Rebounding from 2020’s Challenges July 30, 2021 By L.S. Howard The first half financial results, reported by a group of six reinsurers over the past week, generally show a strong...
Insurers Report Estimated Q1 Catastrophe Losses April 20, 2021 Carriers are starting to report their pretax catastrophe loss estimates for the 2021 first quarter, and the numbers are significant....
AXIS Capital Decides to Stop Insuring Arctic Oil and Gas Projects January 15, 2021 By Jennifer A. Dlouhy AXIS Capital Holdings Ltd. said it won’t insure oil and gas projects in the Arctic National Wildlife Refuge, becoming the...
AXIS Capital Estimates Q3 Pre-Tax Catastrophe Losses of $225M-$255M October 14, 2020 AXIS Capital Holdings Ltd. announced a preliminary pre-tax net loss estimate in the range of $225 million to $255 million...