Welcome to our dedicated page for Axis Cap Hldgs news (Ticker: AXS), a resource for investors and traders seeking the latest updates and insights on Axis Cap Hldgs stock.
AXIS Capital Holdings Limited (NYSE: AXS) is a Bermuda-incorporated global specialty underwriter and provider of insurance and reinsurance solutions. The AXS news page on Stock Titan aggregates company announcements, earnings releases, and other disclosures so readers can follow developments affecting this specialty insurance and reinsurance group.
Recent AXIS Capital news includes quarterly financial results detailing net income, operating income, combined ratios, underwriting income, and book value per diluted common share for both its AXIS Insurance and AXIS Reinsurance segments. The company also issues releases on the timing of its quarterly earnings calls, where management discusses performance, portfolio composition, catastrophe and weather-related losses, reserve development, and investment income.
Investors and analysts can use this news feed to track AXIS Capital’s capital management actions, such as share repurchase programs, stock repurchase agreements with institutional investors, and dividend declarations on common and preferred shares. The company additionally reports on strategic initiatives, including the launch of AXIS Capacity Solutions, a business unit focused on structured and multi-line portfolio capacity deals, and collaborations with partners in the specialty (re)insurance market.
Governance and leadership updates also feature in AXIS Capital’s news, including announcements about executive appointments and planned transitions in senior finance roles. Conference participation and investor presentation notices provide further insight into how AXIS communicates its specialty underwriting strategy, operational programs such as "How We Work," and its use of data, technology and AI. For readers following AXS, this page offers a centralized view of the company’s official communications and market-facing updates.
AXIS Re has appointed Matt LoPiccolo as Strategic Account Executive, Global Brokers, effective July 6. He will enhance relationships with AXIS Re’s Global Brokers and develop new business opportunities. LoPiccolo has over 24 years of experience in broking and insurance, joining AXIS in 2016 from AIG. His role aligns with AXIS Capital's One AXIS philosophy, emphasizing career growth and mobility.
The AXIS Re Strategic Partners initiative, created in 2018, focuses on serving selected clients and brokers, underlining the company’s commitment to client engagement.
AXIS Re, part of AXIS Capital (NYSE: AXS), has appointed Nicole Hanhart as Property Underwriter for EMEA & Latin America, effective July 1. With over 20 years of experience, Hanhart will manage a Property treaty portfolio in Latin America, collaborating closely with the regional underwriting team. Gino Smith, Head of Property for EMEA & Latin America, expressed confidence that her extensive client and broker network and technical skills will enhance AXIS Re's underwriting strategy. AXIS Capital, boasting $5.2 billion in shareholder equity, is well-rated for its specialty lines insurance and treaty reinsurance services.
AXIS Insurance, the specialty insurance segment of AXIS Capital (NYSE: AXS), has announced a year-long sponsorship of The Cyber Helpline, aimed at supporting victims of cyber crimes. This initiative is in response to a 362% rise in cases over the past year. The partnership will leverage AXIS's expertise in cyber risk management to provide resources and funding for victims. The Cyber Helpline offers anonymous 24/7 advice through a chatbot and connects users to expert volunteers to help them recover from cyber attacks.
AXIS Capital Holdings Limited (NYSE: AXS) is set to release its financial results for Q2 2021 on July 27, 2021, following the market close. The company will hold an investor teleconference on July 28, 2021, at 9:30 a.m. EDT to discuss the results, led by CEO Albert Benchimol and CFO Peter Vogt. Shareholders can access the call via phone or through a live webcast on the AXIS Capital website. As of March 31, 2021, AXIS Capital reported shareholders' equity of $5.2 billion and holds strong ratings from Standard & Poor's and A.M. Best.
AXIS Insurance has appointed Keith Trivitt as the Head of Commercial & Strategic Partnerships in its International Division. Trivitt, based in London, will focus on enhancing commercial initiatives and developing profitable growth opportunities for AXIS and its brokers. With 15 years of experience and a strong track record in marketing and communications, he aims to strengthen relationships with key customers. The firm has a solid financial foundation, with shareholders' equity of $5.2 billion as of March 2021, and holds high ratings from Standard & Poor's and A.M. Best.
AXIS Re, the reinsurance segment of AXIS Capital (NYSE:AXS), has announced leadership changes aimed at enhancing its Property Reinsurance division and simplifying structure. Ann Haugh has been appointed President of the Global Property Division; Andy Hottinger will lead the newly formed International Division; Jonathan Gray is now President of the Specialties Division; and Jason Busti will continue to lead the North America Division. The changes take effect July 1, reflecting AXIS Re's commitment to strong client engagement and market adaptability.
AXIS Capital has declared a quarterly dividend of $0.42 per common share, payable on July 15, 2021, to shareholders of record by June 29, 2021. Additionally, a dividend of $34.375 per Series E 5.50% Preferred Share will also be paid on the same date, equivalent to $0.34375 per depositary share. As of March 31, 2021, AXIS Capital reported shareholders' equity of $5.2 billion and maintains strong ratings of 'A+' from Standard & Poor's and 'A' from A.M. Best.
AXIS Insurance has appointed Thomas Uribe as Assistant Vice President for its U.S. Excess Casualty business. Based in Alpharetta, Georgia, he will enhance relationships with distribution partners and support new business initiatives. Uribe brings extensive experience from AXA XL, Berkshire Hathaway, and Swiss Re, which positions him as a valuable asset for meeting complex client needs. This strategic hiring aims to strengthen AXIS's underwriting strategy and response to the evolving Excess Casualty marketplace.
AXIS Capital Holdings Limited (AXS) reported its first-quarter 2021 results, showing a net income of $116 million, or $1.36 per diluted share, following a net loss of $(185) million in Q1 2020. The combined ratio improved to 98.9%, down from 119.8% year-over-year. Gross premiums written increased by 4% to $2.5 billion, with insurance segment premiums up 17%. Catastrophe-related losses significantly decreased from 2020, totaling $110 million compared to $300 million. The company highlighted progress in re-underwriting efforts and strong market conditions, positioning AXIS for continued improvement.
AXIS Re, a segment of AXIS Capital (NYSE: AXS), has appointed Lisa Hiscock as Senior Underwriter for Lloyd’s Casualty, effective immediately. She brings over 10 years of industry experience, having worked at Hiscox and AXA XL. In her role, Ms. Hiscock will underwrite Lloyd’s Casualty treaty business, enhance existing partnerships, and identify growth opportunities. Her experience across various classes and regions is expected to aid AXIS Re in achieving its business objectives. She will initially be based in Australia before relocating to the UK later in 2021.