Everything You Need to Know About AXIS Capital

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AXIS Capital is a global specialty insurer and reinsurer that offers a wide range of insurance products to businesses and individuals.

AXIS Capital was founded in 2001 by a group of investors who aimed to create a more agile and innovative insurance company. The company has since grown to become a leading player in the global insurance market.

AXIS Capital has a strong presence in the property and casualty insurance market, with a focus on providing coverage for complex and high-risk risks. The company has a global network of offices and a team of experienced underwriters and risk managers.

AXIS Capital has a strong financial foundation, with a solid balance sheet and a track record of delivering strong returns on equity.

Company Overview

AXIS Capital is a global specialty insurer and reinsurer that was founded in 2001 by a team of experienced insurance professionals.

The company's headquarters is located in Pembroke, Bermuda, and it has a presence in 24 countries around the world.

AXIS Capital is listed on the New York Stock Exchange (NYSE) under the ticker symbol AXS.

History

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AXIS Capital Holdings Limited was founded in Pembroke, Bermuda in 2001.

The company has a strong history of strategic acquisitions, starting with the formation of a healthcare unit providing professional liability insurance in February 2004.

AXIS Capital completed its acquisition of Novae Group P.L.C and Aviabel S.A in 2017.

In May 2023, Vincent Tizzio took on the role of President and CEO, succeeding Albert Benchimol.

About the Company

AXIS Capital Holdings Limited is a holding company that operates globally, with a presence in Bermuda, the United States, Europe, Singapore, and Canada.

The company's underwriting operations are organized around its global underwriting platforms: AXIS Insurance and AXIS Re.

AXIS Capital Holdings Limited operates through two main segments: insurance and reinsurance.

The insurance segment offers specialty insurance products to a variety of niche markets worldwide, including professional lines, property, liability, cyber, marine and aviation, accident and health, and credit and political risk.

The reinsurance segment provides treaty reinsurance to insurance companies on a worldwide basis, with product lines such as liability, accident and health, professional lines, credit and surety, motor, agriculture, marine and aviation, catastrophe, property, and engineering.

AXIS Capital Holdings Limited was incorporated in 2002 and has a significant workforce, with over 2,000 employees worldwide.

Here are the company's key financial metrics:

  • Revenue: $5.97 billion (TTM)
  • Net income: $1.05 billion

Emilia Siravo Head of North America

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Emilia Siravo is the head of ceded reinsurance for North America at AXIS. She brings a wealth of expertise in underwriting, catastrophe modeling, and transfer pricing to her role.

AXIS has made a strategic move by appointing Emilia Siravo as head of ceded reinsurance for North America, indicating a focus on risk management and financial expertise.

Maggie Morar

Senior Assigning Editor

Maggie Morar is a seasoned Assigning Editor with a keen eye for detail and a passion for storytelling. With a background in business and finance, she has developed a unique expertise in covering investor relations news and updates for prominent companies. Her extensive experience has taken her through a wide range of industries, from telecommunications to media and retail.

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