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The Covid-19 pandemic is estimated to account for $125 million of net claims, pre-tax, in the final three months of last year for Axis Capital Holdings Limited. The Bermudian-based re/insurer has announced a preliminary fourth quarter net claims esti...

Axis Capital Holdings announced a net loss of $73 million for the third quarter as catastrophe losses took a heavy toll. The Bermudian-based re/insurer said estimated net pre-tax catastrophe and weather-related losses totalled $240 million. Hurricane...

Axis Re, the reinsurance business segment of Bermudian-based Axis Capital Holdings Ltd, has hired the former chief executive officer of Tokio Millennium Re’s UK business to take the newly created position of chief pricing actuary, effective April 20....

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...