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AXIS Capital to Release Fourth Quarter Financial Results on January 31, 2024

Retrieved on:

Venerdì, Dicembre 22, 2023

Professional Services, Insurance, Finance, AXS, Webcast, AXIS

AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced that it expects to release financial results for the fourth quarter ended December 31, 2023 on Wednesday, January 31, 2024 after the close of the financial markets.

Key Points:

AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced that it expects to release financial results for the fourth quarter ended December 31, 2023 on Wednesday, January 31, 2024 after the close of the financial markets.
Vince Tizzio, President and Chief Executive Officer, and Peter Vogt, Chief Financial Officer, will host an investor teleconference, including a question and answer period, on Thursday, February 1, 2024 at 9:30 a.m.
ET to discuss the fourth quarter results as well as related matters.
A live, listen-only webcast of the call will also be available via the Investor Information section of the Company’s website at www.axiscapital.com .

AM Best Affirms Credit Ratings of Harrington Re Ltd. and Harrington Reinsurance Holdings Limited

Retrieved on:

Giovedì, Dicembre 21, 2023

Professional Services, Insurance, Finance, AXIS, Credit, AM Best, News, Good, Risk management, ALL

AM Best also has affirmed the Long-Term ICR of “bbb-” (Good) of Harrington Reinsurance Holdings Limited.

Key Points:

AM Best also has affirmed the Long-Term ICR of “bbb-” (Good) of Harrington Reinsurance Holdings Limited.
The outlook of these Credit Ratings (ratings) is stable.
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Axis Announces Results of Director Election

Retrieved on:

Giovedì, Dicembre 21, 2023

Fintech, Professional Services, Finance, Proxy, TSX, Toronto Stock Exchange, Axis, AXIS

Axis Auto Finance Inc. ("Axis" or the "Company") [ TSX: AXIS ] reports in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated November 10, 2023 for the 2023 Annual General Meeting of Shareholders (the "Meeting") were elected as directors of the Company.

Key Points:

Axis Auto Finance Inc. ("Axis" or the "Company") [ TSX: AXIS ] reports in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the management information circular dated November 10, 2023 for the 2023 Annual General Meeting of Shareholders (the "Meeting") were elected as directors of the Company.
A total of 9,485,639 common shares were voted in person or by proxy, representing 7.81% of the outstanding common shares.
Shareholders approval all items of business presented at the Meeting, including the election of directors as follows:

Axis Names Cliff Gallant Head of Investor Relations and Corporate Development

Retrieved on:

Lunedì, Dicembre 18, 2023

Professional Services, Insurance, Finance, AXS, Sale, Corporation, Hippo (company), NYSE, Senior, Head, Portfolio manager, Hippopotamus, Running, National General Insurance, AXIS, Keefe, Bruyette & Woods, Corporate development, Nomura, Allstate

AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS” or the “Company”) (NYSE: AXS), today announced that it has appointed Cliff Gallant as Head of Investor Relations and Corporate Development, effective December 18, 2023.

Key Points:

AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS” or the “Company”) (NYSE: AXS), today announced that it has appointed Cliff Gallant as Head of Investor Relations and Corporate Development, effective December 18, 2023.
Mr. Gallant will report to AXIS Chief Financial Officer Peter Vogt and will serve as a member of the Company’s Global Finance leadership team.
“His leadership will be invaluable as we continue to deepen engagement within the investment community and foster understanding of our vision and strategy, all as we further elevate AXIS as a specialty leader.”
Mr. Gallant most recently served as Vice President of Investor Relations and Corporate Development at Hippo Insurance where he built the organization’s investor relations program.
Previously Mr. Gallant served as Senior Vice President of Investor Relations at National General Insurance prior to its sale to Allstate, where he then joined the Company’s Corporate Development team.

Playback Is Now Available for IMCA/AM Best’s Latest Marketing Leader Webinar

Retrieved on:

Mercoledì, Dicembre 13, 2023

Insurance, Professional Services, Data, AXIS, AM Best, IMCA, News, Cassette tape, Playback

Playback is now available for AM Best’s “ IMCA and AM Best Marketing Leader Lunch with AXIS’ Joe Cohen ” Webinar.

Key Points:

Playback is now available for AM Best’s “ IMCA and AM Best Marketing Leader Lunch with AXIS’ Joe Cohen ” Webinar.
In this interactive roundtable discussion, recorded on Dec. 8, 2023, a panel of industry experts discussed:
Joe Cohen, chief marketing and communications officer, AXIS
This complimentary AM Best webinar was sponsored by IMCA.
Playback is available here .
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AXIS Prepares To Launch Energy Resilience Syndicate 2050 Following In-Principle Approval From Lloyd’s

Retrieved on:

Mercoledì, Dicembre 13, 2023

Finance, Energy, Professional Services, Insurance, Other Energy, AXS, Risk, AXIS, International finance, Syndicate, NYSE, Commerce, Renewable energy

Through Energy Resilience Syndicate 2050, AXIS will provide a single access point to specialist insurance solutions for cross-class risks over the lifecycle of projects and activities associated with replacing or displacing fossil fuels through lower-carbon alternatives and supporting energy resilience during the transition phase.

Key Points:

Through Energy Resilience Syndicate 2050, AXIS will provide a single access point to specialist insurance solutions for cross-class risks over the lifecycle of projects and activities associated with replacing or displacing fossil fuels through lower-carbon alternatives and supporting energy resilience during the transition phase.
Broad in scope, Syndicate 2050 will typically underwrite the construction and operation of technologies and projects that support energy transition.
Pending final approval by Lloyd’s, AXIS Energy Resilience Syndicate 2050 aims to begin underwriting on April 1, 2024.
Through AXIS Energy Resilience Syndicate 2050, we aim to lead the market in offering specialty insurance solutions that enable the investment, innovation, and technological developments necessary to develop cleaner, more resilient sources of energy.

AXIS Capital Declares Quarterly Dividends

Retrieved on:

Giovedì, Dicembre 7, 2023

Professional Services, Insurance, Finance, AXS, AXIS Capital, AXIS, NYSE, Holding company

AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS) today announced that its Board of Directors has declared a quarterly dividend of $0.44 per common share payable on January 18, 2024 to shareholders of record at the close of business on December 29, 2023.

Key Points:

AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS) today announced that its Board of Directors has declared a quarterly dividend of $0.44 per common share payable on January 18, 2024 to shareholders of record at the close of business on December 29, 2023.
In addition, the Board declared a dividend of $34.375 per Series E 5.50% preferred share (equivalent to $0.34375 per depositary share) payable on January 18, 2024 to shareholders of record at the close of business on December 29, 2023.
AXIS Capital also announced that its Board of Directors has renewed its authorization for the repurchase of up to $100 million of the Company’s common shares, which may be effected from time to time in open market or privately negotiated transactions through December 31, 2024.
The timing and amount of the repurchases will depend on a variety of factors, including market, corporate and regulatory conditions.

AXIS Names Stan Galanski to Its Board of Directors

Retrieved on:

Lunedì, Dicembre 4, 2023

Insurance, Professional Services, AXS, Sale, Canadian Forest Navigation Group, Acquisition, Axa XL, NYSE, Vulnerability and Risk Committee, AXIS, AIG, Capital, Chubb, Management

AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS” or the “Company”) (NYSE: AXS), today announced that it has appointed Stan Galanski to the Company’s Board of Directors.

Key Points:

AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS” or the “Company”) (NYSE: AXS), today announced that it has appointed Stan Galanski to the Company’s Board of Directors.
Effective January 1, 2024, Mr. Galanski will join the Board and will serve on its Risk Committee.
“Stan is an outstanding addition to our Board of Directors, bringing more than 40 years of experience in the property and casualty space as a public company CEO and with C-Suite roles at leading major and mid-size insurance carriers,” said Henry Smith, Chair of the Board of Directors at AXIS.
Over the past six years, the Company has added nine new Directors to the Board (including Mr. Galanski).

AXIS Closes Market’s First 144A Cyber Catastrophe Bond

Retrieved on:

Martedì, Novembre 28, 2023

Professional Services, Insurance, Finance, AXS, NYSE, ILS, AXIS, Growth, The Long Walk, Reinsurance, Long Walk

AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced that it has closed the market’s first 144A cyber catastrophe bond, a $75 million transaction providing several of the Company’s subsidiaries with fully collateralized indemnity reinsurance protection for systemic cyber events on a per occurrence basis.

Key Points:

AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced that it has closed the market’s first 144A cyber catastrophe bond, a $75 million transaction providing several of the Company’s subsidiaries with fully collateralized indemnity reinsurance protection for systemic cyber events on a per occurrence basis.
“Together with our partners Aon Securities, CyberCube and Sidley Austin, AXIS is proud that the ILS investor community has shown tremendous confidence in and acceptance of Long Walk, the first 144A cyber catastrophe bond, and our cyber underwriting capabilities.
It received broad investor support, and illustrated the catastrophe bond investors’ ability to work with AXIS to pioneer a product that provides meaningful catastrophe-based cyber protection.
There is strong insurer demand for the further development of this non-proportional product, and we commend AXIS Capital’s leadership in developing the catastrophe bond capacity.”
Pascal Millaire, CyberCube CEO, said: “We are proud to have supported AXIS in the world's first cyber 144A cat bond.

AM Best to Host IMCA/AM Best Marketing Leader Lunch with AXIS’ Joe Cohen

Retrieved on:

Martedì, Novembre 21, 2023

Professional Services, Insurance, Finance, AXIS, News

Joe Cohen, chief marketing and communications officer, AXIS

Key Points:

Joe Cohen, chief marketing and communications officer, AXIS
Attendees can submit questions during registration or by emailing [email protected] .
The event will be streamed in video and audio formats, and playback will be available to registered viewers shortly after the event.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.