Axis Insurance News

AXIS Insurance Promotes Randell to Head of Canada Insurance & Chief Agent, Canada

AXIS Insurance, a business segment of AXIS Capital Holdings Ltd., announced the promotion of Brad Randell to head of Canada Insurance, and chief agent, Canada, subject to review and/or approval of various Canadian regulatory entities. Randell will oversee AXIS’ insurance …

AXIS’ A.M. Best Ratings Revised to Negative; Insurance Arm Blamed

AXIS Capital Holdings’ money-losing insurance segment has drawn the attention of A.M. Best, which revised its outlooks for the Bermuda-based carrier to negative from stable, based largely on its performance. “The revised outlooks are based on unfavorable trends in the …

AXIS Capital Completes Purchase of Novae; Executive Team Announced

AXIS Capital Holdings Ltd. it has finalized its acquisition of Novae Group plc, which creates a $2 billion insurer in London and a top ten re/insurer at Lloyd’s, with 2016 global gross written premiums of $6 billion. The $611.5 million …

AXIS Adds Tom to Help Grow U.S. West Coast Renewable Energy

AXIS Insurance has named Christina Tom as vice president and renewable energy underwriter. She will be based out of AXIS’ San Francisco office Tom joins AXIS Insurance’s global renewable energy team, where she will be responsible for leading its U.S. …

AXIS Capital to Acquire Lloyd’s Specialty Re/Insurer Novae for $604 Million

AXIS Capital Holdings Ltd. announced it is acquiring Novae Group plc, a specialty re/insurer that operates through Lloyd’s of London. “The US$604 million transaction adds scale and breadth to the international specialty insurance business of AXIS, creating a $2 billion …

DeSimone Joins AXIS to Lead Primary Casualty in Northeast, Midwest Regions

Specialty insurer AXIS Insurance has named James DeSimone to a new role as senior vice president, Primary Casualty. In this new role, DeSimone manages the underwriting team responsible for Primary Casualty in the Northeast and Midwest regions. DeSimone has 30 …

Nance Named EVP, E&S Property Business, at AXIS Insurance

AXIS Insurance, a business segment of AXIS Capital Holdings Limited, has appointed Marc Nance executive vice president, Excess & Surplus Property. He is based in Chicago. Nance is responsible for growing and managing AXIS Insurance’s E&S property business in the …

AXIS Insurance Taps Zurich’s Anzelc to Lead New Data and Analytics Unit

AXIS Insurance, a business segment of AXIS Capital Holdings Ltd., announced the appointment of Meghan Anzelc, Ph.D., as vice president, Data and Analytics. In this new role, Anzelc, a trained physicist and data scientist, is responsible for implementing a strategy …

AXIS Adds Martin, Ross to Georgia-Based P&C Team

AXIS Capital Holdings Limited has announced the appointments of James Martin and Russ Madore, each as vice president, U.S. Programs, within AXIS Insurance’s Property and Casualty team. Martin and Madore will each be responsible for oversight of select AXIS Insurance …

New AXIS Insurance Management Liability Policy Targets Private Companies

AXIS Capital Holdings Limited’s AXIS Insurance has launched AXIS Privatus Platinum, a new modular management liability policy designed to offer flexible insurance options for managing the changing needs and risks that privately held companies face in today’s complex legal and …