New Ventures Seize Opportunities as Insurers Cope with Coronavirus Losses July 8, 2020 By Carolyn Cohn Commercial insurers are facing hefty claims from the coronavirus crisis but are also seeing a steep rise in premiums –...
AXIS Capital Chairman Butt Inducted into Insurance Hall of Fame January 4, 2019 AXIS Capital Holdings Ltd. announced that the International Insurance Society (IIS) has inducted Michael Butt, chairman of AXIS Capital, into...
AXIS Names Ventresca to New Position of Chief Strategy Officer August 30, 2018 AXIS Capital Holdings Ltd. announced that Linda Ventresca has been appointed to the newly created position of chief strategy officer....
AXIS Launches Cyber Center of Excellence to Help Mitigate Cyber Risks April 16, 2018 AXIS Capital Holdings Ltd. has launched the AXIS Cyber Center of Excellence, which aims to provide commercial insurance products and...
AXIS’ A.M. Best Ratings Revised to Negative; Insurance Arm Blamed February 20, 2018 AXIS Capital Holdings’ money-losing insurance segment has drawn the attention of A.M. Best, which revised its outlooks for the Bermuda-based...
AXIS Capital Aligns Lloyd’s Agency Platforms After Its Acquisition of Novae January 9, 2018 AXIS Capital Holdings Ltd. announced it has received authorization from Lloyd’s for AXIS Managing Agency Ltd. to commence the management...
AXIS Capital Completes Purchase of Novae; Executive Team Announced October 18, 2017 AXIS Capital Holdings Ltd. it has finalized its acquisition of Novae Group plc, which creates a $2 billion insurer in...
More Re/Insurers Issue Their Q3 Natural Catastrophe Loss Estimates October 13, 2017 The third quarter natural catastrophe loss estimates continue to rise, as more insurers and reinsurers weigh in with their loss...
AXIS Capital to Complete Acquisition of Novae Group in October September 26, 2017 AXIS Capital Holdings Ltd. said it will complete its acquisition of London-based Novae Group plc in two phases, beginning with...
AXIS Capital’s $611.5M Acquisition of Novae Approved in Shareholder Vote August 29, 2017 AXIS Capital Holdings Ltd. announced that shareholders of Novae Group have approved the company’s acquisition by AXIS. Approximately 99.97 percent...