AXIS Capital
 | |
| Company type | Public |
|---|---|
| NYSE: AXS[1] Russell 1000 Component | |
| Industry | Property & casualty insurance |
| Founded | 2001 |
| Headquarters | Bermuda |
Key people | Vince Tizzio (CEO) |
 US$ 192.833 million (2022)[2] | |
| Total assets | US$ 27.6 billion (2022)[3] |
| Website | www |
AXIS Capital Holdings Limited is the holding company for AXIS group of companies. It offers various risk transfer products and services through subsidiaries and branch networks in Bermuda, the United States, Canada, Europe and Singapore.[4][5] The company offers insurance services including property, professional lines, terrorism, marine, energy, environmental and other insurance.[6] The reinsurance services include property, professional lines, credit and bond, and others.[7]
History
[edit]AXIS Capital Holdings Limited was founded in Pembroke, Bermuda in 2001.[8]
In February 2004, the company formed a healthcare unit providing professional liability insurance.[4]
In June 2015, AXIS and PartnerRe Ltd started a public campaign to convince shareholders of the positive aspects of a potential $13 billion merger between the two companies, with competition seen from Exor SpA, which bid $6.8 billion.[9]
In 2017 AXIS Capital has completed its acquisition of Novae Group P.L.C and Aviabel S.A.[10]
In February 2020, AXIS Capital Holdings chairman of the board and co-founder Michael Butt announced his retirement after five decades in the insurance business. AXIS board member and lead independent director Henry B. Smith has been appointed as successor to the chairmanship post.[11]
In May 2023, Vincent Tizzio was appointed President and CEO of AXIS,[12] succeeding Albert Benchimol.[13]
Offices
[edit]AXIS Capital has office locations in Bermuda, the United States, Europe, Singapore and Canada.[14]
Managers
[edit]- President & CEO - Vincent C. Tizzio[15]
References
[edit]- ^ traded symbols
- ^ "Axis Capital AXS - Net Income" (PDF).
- ^ "Financial Strength of AXIS Capital Holdings Limited". axiscapital.com. 2022.
- ^ a b "Axis Capital Holdings Limited: NYSE:AXS quotes & news - Google Finance".
- ^ "AXIS Capital". Archived from the original on 26 February 2014. Retrieved 20 February 2014.
- ^ "Specialty Insurance Solutions and Coverages - AXIS Capital".
- ^ "AXIS Re - Reinsurance Solutions - AXIS Capital".
- ^ "AXS Profile - Axis Capital Holdings Limited C Stock - Yahoo! Finance".
- ^ Reuters PartnerRe and Axis launch deal charm offensive, Reuters, 1 June 2015
- ^ "AXIS Capital to Acquire Shares of Novae Group PLC Following Consent of European Commission". Business Wire. 26 September 2017.
- ^ Adriano, Lyle. "AXIS chairman and co-founder retires after five-decade career". Insurance Business. Retrieved 28 February 2020.
- ^ "AXIS Board of Directors". axiscapital.com.
- ^ Souter, Gavin (20 December 2022). "Tizzion to succeed Benchimol as Axis CEO". businessinsurance.com.
- ^ "Locations". axiscapital.com.
- ^ "Board of Directors - About Us - Axis Capital".
External links
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- Financial services companies established in 2001
- Companies listed on the New York Stock Exchange
- Holding companies of Bermuda
- Insurance companies of Bermuda
- Holding companies established in 2001
- 2001 establishments in Antigua and Barbuda
- Insurance company stubs
- United States financial services company stubs