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Insurance industry veteran Michael Butt is to retire from his role as chairman of Axis Capital Holdings Ltd later this year. A co-founder of Axis and member of the Insurance Hall of Fame, Mr Butt has played a leading role in Bermuda’s development as ...

Axis Capital Holdings booked full-year net income of $282 million in 2019, having ended the year with a fourth-quarter loss of $10 million. The Bermudian-based insurer and reinsurer was hit with estimated pretax catastrophe losses of $140 million in ...

Ahead of its fourth-quarter earnings report, Axis Capital Holdings Ltd has said its results will be impacted by a pre-tax loss of $140 million for catastrophes and other weather-related events. The Bermudian-based insurer and reinsurer said those los...

The insurance business of Bermudian-based Axis Capital Holdings has bolstered its renewable energy team with the appointment of two underwriters. Axis Insurance has named Sam Walsh as a senior underwriter and Mat Pifer as an underwriter in its renewa...

An insurance conference in New York will feature a keynote speech by Albert Benchimol, president and chief executive officer of Bermudian-based Axis Capital Holdings Ltd. The Insurer’s New York Insurance Forum will be held in the Union League Club on...

A total of $225 million of preferred shares are being redeemed by Bermudian-based Axis Capital Holdings Ltd next month. The company will redeem and liquidate all nine million of its 5.5 per cent Series D preferred shares. The redemption price is $25 ...

Bermudian re/insurer Axis Capital Holdings Ltd has estimated a loss of up to $110 million related to Typhoon Hagibis. Hagibis hit Japan last month and was the most devastating typhoon to hit the country’s Kanto region since 1958. Axis said today that...

Axis Capital Holdings Limited suffered a “disappointing quarter” as its income was impacted by typhoons in Japan, Hurricane Dorian and some losses in its credit and aviation lines of business. The Bermudian-based insurer and reinsurer made a profit o...

A shift away from underwriting and investing involving dirty energy has been announced by Axis Capital Holdings Limited. It follows a report that the company had dropped out of bidding to provide insurance coverage for the Carmichael coalmine, a majo...

Axis Capital has dropped out of bidding to provide insurance coverage connected to a major coalmine project in Australia, according to a source. The Bermudian-based company is said to have withdrawn its quote for insurance of a railway at the Carmich...

Axis Capital Holdings Ltd is expecting third-quarter losses related to weather events of up to $175 million. The Bermudian re/insurer said the estimate for events including Hurricane Dorian and Japanese typhoons was in the range of $150 million to $...

Axis Insurance, a division of Bermudian-based Axis Capital Holdings Ltd, announced that chief claims officer David Hayward will retire in March 2020 and will be succeeded by Michael Baumel, current head of North American claims. After a six-month tr...