Axis Insurance News

AXIS Insurance International Names Cullum to New Role, Head of Business Development

AXIS Insurance, the insurance business segment of AXIS Capital Holdings Ltd., announced that Paul Cullum has been appointed to the newly created role of head of Business Development for AXIS Insurance International Division. Cullum will be responsible for helping to …

AXIS Capital Names O’Sullivan as CEO of AXIS Specialty Europe and AXIS Re

AXIS Capital Holdings Ltd. announced the appointment of Helen O’Sullivan as CEO of AXIS Specialty Europe SE and AXIS Re SE. In this role, she will oversee the company’s Irish subsidiaries and their branches. O’Sullivan also will join the board …

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 …