AXIS CAPITAL


Associated tags: Excellent, Insurance, AXIS Capital, Professional Services, AXIS, Finance, AXS, NYSE, S&P Global Ratings

Locations: EUROPE, CARIBBEAN, UNITED KINGDOM, BERMUDA, UNITED STATES, SINGAPORE, MANITOBA, CANADA, NORTH AMERICA, LONDON

AXIS Capital Declares Quarterly Dividends

Retrieved on: 
Wednesday, May 3, 2023

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 July 18, 2023 to shareholders of record at the close of business on June 30, 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 July 18, 2023 to shareholders of record at the close of business on June 30, 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 July 18, 2023 to shareholders of record at the close of business on June 30, 2023.

AXIS Capital Reports First Quarter Net Income Available to Common Shareholders of $173 Million, or $2.01 Per Diluted Common Share and Operating Income of $200 Million, or $2.33 Per Diluted Common Share

Retrieved on: 
Wednesday, April 26, 2023

In the first quarter, we produced very good results across our core metrics that included a combined ratio of 91%, operating income of $200 million, and record operating income per diluted common share of $2.33.

Key Points: 
  • In the first quarter, we produced very good results across our core metrics that included a combined ratio of 91%, operating income of $200 million, and record operating income per diluted common share of $2.33.
  • Net income available to common shareholders for the first quarter of 2023 was $173 million, or $2.01 per diluted common share, compared to net income available to common shareholders of $142 million, or $1.65 per diluted common share, for the first quarter of 2022.
  • Adjusted for dividends declared, book value per diluted common share increased by $3.80, or 8.1%, compared to December 31, 2022.
  • Adjusted for dividends declared, book value per diluted common share increased by $0.08, or 0.2%, over the past twelve months.

AXIS Appoints Megan Watt as Chief Claims Officer

Retrieved on: 
Thursday, March 30, 2023

AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced that Megan Watt has joined the Company as Chief Claims Officer, effective April 17, 2023.

Key Points: 
  • AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced that Megan Watt has joined the Company as Chief Claims Officer, effective April 17, 2023.
  • In this role, Ms. Watt will be responsible for the overall management and direction of the claims department across the Company’s global portfolio.
  • “Megan is an exciting addition to our team – a world class Claims leader with an established record of success leading P&C commercial claims organizations with diverse, complex operating environments,” said Mr. Tizzio.
  • Previously, she served as Chief Claims Officer for Everest, and prior to that, held claims leadership roles with increasing levels of responsibility at AIG.

AXIS Capital to Release First Quarter Financial Results on April 26, 2023

Retrieved on: 
Wednesday, March 22, 2023

AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced that it expects to release financial results for the first quarter ended March 31, 2023 on Wednesday, April 26, 2023 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 first quarter ended March 31, 2023 on Wednesday, April 26, 2023 after the close of the financial markets.
  • Albert Benchimol, President and Chief Executive Officer, Vince Tizzio, CEO Specialty Insurance and Reinsurance, and Peter Vogt, Chief Financial Officer, will host an investor teleconference, including a question and answer period, on Thursday, April 27, 2023 at 9:30 a.m.
  • ET to discuss the first 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 .

Axis Capital Declares Quarterly Dividends

Retrieved on: 
Wednesday, February 22, 2023

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 April 18, 2023 to shareholders of record at the close of business on March 31, 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 April 18, 2023 to shareholders of record at the close of business on March 31, 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 April 18, 2023 to shareholders of record at the close of business on March 31, 2023.

AXIS Appoints Gabriel Galanski as Head of North America Property & Casualty Programs

Retrieved on: 
Tuesday, February 21, 2023

AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced that Gabriel Galanski has joined the Company as Head of North America Property & Casualty Programs.

Key Points: 
  • AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced that Gabriel Galanski has joined the Company as Head of North America Property & Casualty Programs.
  • In this role, Mr. Galanski is responsible for the management, development, and administration of the Company’s North America Programs business.
  • Mr. Galanski reports to John Van Decker, President of Global Financial Lines, and he will also work in close partnership with the Company’s Wholesale Division, led by Carlton Maner, AXIS Wholesale CEO.
  • Previously, Mr. Galanski was as an Associate Client Executive at Marsh & McLennan and, before that, served in the United States Marine Corps.

AXIS Capital Commits to Science-Based Aligned Scope 1 and 2 Greenhouse Gas Reduction Goals to Support Transition to Low-Carbon Economy

Retrieved on: 
Tuesday, February 14, 2023

AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced its commitment to a 50% absolute reduction of Scope 1 and 2 greenhouse gas (GHG) emissions by 2030 across its global operations.

Key Points: 
  • AXIS Capital Holdings Limited (“AXIS Capital” or the “Company”) (NYSE: AXS) today announced its commitment to a 50% absolute reduction of Scope 1 and 2 greenhouse gas (GHG) emissions by 2030 across its global operations.
  • The action is the Company’s latest step in its ambition to transition to a low-carbon economy.
  • Using a 2019 baseline, AXIS’s science based GHG reduction targets are in line with the goals of the Paris Agreement – to limit global warming well-below 2°C above pre-industrial levels.
  • These commitments are one element of the broader AXIS climate strategy driven by its Corporate Citizenship program.

AXIS Capital to Present at the Bank of America Financial Services Conference 2023

Retrieved on: 
Friday, February 3, 2023

AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE: AXS), today announced that Albert Benchimol, President and CEO, and Vincent Tizzio, CEO Specialty Insurance and Reinsurance, are scheduled to present at the Bank of America Financial Services Conference 2023 in New York.

Key Points: 
  • AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE: AXS), today announced that Albert Benchimol, President and CEO, and Vincent Tizzio, CEO Specialty Insurance and Reinsurance, are scheduled to present at the Bank of America Financial Services Conference 2023 in New York.
  • The presentation will take place on Wednesday, February 15 at 2:30 p.m. EST.
  • A live, webcast will be available during the presentation, and an archived replay will be available for approximately 90 days, which can be accessed by following this link: https://bofa.veracast.com/webcasts/bofa/bankingfin2023/idR975fI.cfm .

AXIS CEO Albert A. Benchimol to Retire; Vincent C. Tizzio Named Future CEO

Retrieved on: 
Tuesday, December 20, 2022

He will be succeeded as President and CEO by Vincent C. Tizzio, who currently serves as CEO, Specialty Insurance and Reinsurance, overseeing all business lines and front-end operations for AXIS.

Key Points: 
  • He will be succeeded as President and CEO by Vincent C. Tizzio, who currently serves as CEO, Specialty Insurance and Reinsurance, overseeing all business lines and front-end operations for AXIS.
  • Mr. Benchimol will continue with AXIS through year-end as a strategic advisor to the Company.
  • In the months ahead, Mr. Benchimol and Mr. Tizzio will partner to ensure a smooth leadership transition.
  • Mr. Benchimol was appointed President and CEO of AXIS in May 2012 and has served as director since January 2012.