Fact-checked by Grok 2 weeks ago

AXIS Capital

AXIS Capital Holdings Limited is a Bermuda-domiciled that serves as a leading global provider of specialty and products worldwide. Founded in November 2001 in the aftermath of the , when insurance capacity was limited, the company began operations with $1.7 billion in capital as AXIS Specialty Limited and was formally incorporated on December 9, 2002. Headquartered in , , AXIS Capital operates through its subsidiaries to underwrite risks in diverse specialty lines, including property, casualty, professional liability, and . The company maintains a strong global presence with 20 offices across key markets in , , , and other regions, enabling it to deliver tailored solutions to clients navigating complex risks. As a publicly traded entity on the under the ticker symbol AXS, AXIS Capital emphasizes financial strength, evidenced by its A rating from A.M. Best and A+ from . Its combines entrepreneurial with sophisticated expertise, focusing on specialty for direct clients and to support other insurers. In recent years, the firm has reported robust performance, including a third-quarter 2025 net available to common shareholders of $294 million, or $3.74 per diluted common share, reflecting an annualized return on average common equity of 20.6%. Under the leadership of CEO Vincent Tizzio since 2023, AXIS Capital continues to prioritize , responsible practices, and in .

Overview

Company profile

AXIS Capital Holdings Limited, commonly known as AXIS Capital, was founded in as AXIS Specialty Limited with initial capital of $1.7 billion, established to provide capacity in the specialty and markets following significant industry disruptions. The company is headquartered in , , and operates as a global provider of specialty risk transfer products and services through its subsidiaries. From its inception, AXIS has emphasized a nimble, entrepreneurial approach to underwriting complex risks that traditional insurers may avoid. Over time, AXIS evolved into AXIS Capital Holdings Limited, serving as the for a network of operating subsidiaries focused on specialty lines and . Its core business centers on delivering tailored and solutions in areas such as , casualty, professional lines, and specialty risks, underpinned by strong financial discipline and agility to respond to market opportunities. This focus allows AXIS to underwrite sophisticated products that go beyond standard coverage, targeting clients with unique or high-complexity exposures. As of September 30, 2025, AXIS Capital reported total assets of $34.3 billion, total capital of $7.6 billion, and shareholders' equity of $6.4 billion. The company maintains 19 offices worldwide, with a presence in key regions including , the , , , and , enabling it to serve a diverse international client base. AXIS Capital's mission is to act as a trusted leader in specialty and , delivering value through innovative risk solutions, responsible practices, and a commitment to . Its values emphasize excellence in , , and positive societal impact, fostering an environment that supports entrepreneurial decision-making while prioritizing long-term financial strength and client partnerships.

Financial overview

AXIS Capital Holdings Limited has been publicly traded on the New York Stock Exchange under the ticker symbol AXS since its initial public offering in 2003. As of November 18, 2025, the company's market capitalization stands at approximately $7.9 billion, reflecting a 16.6% increase over the past year, with shares trading around $102. In the third quarter of 2025, AXIS Capital reported gross premiums written of $2.1 billion, up 10% year-over-year. The company achieved a combined ratio of 89.4%, reflecting enhanced underwriting discipline. Net premiums written for the quarter totaled $1.3 billion, up approximately 5% from the previous year. Net income available to common shareholders was $294 million, or $3.74 per diluted common share. Founded in with initial capital of approximately $1.7 billion to provide specialty and capacity , AXIS Capital has demonstrated robust financial stability. By September 30, 2025, shareholders' equity reached $6.4 billion, representing significant growth from its early capitalization and highlighting the company's prudent capital management. The insurer maintains strong financial strength ratings, including A (Excellent) from AM Best and A+ (Strong) from , affirming its capacity to meet policyholder obligations. AXIS Capital's emphasizes consistent returns, with a quarterly of $0.44 per common share declared in September 2025, payable on October 17, 2025. Complementing this, the board authorized a new $400 million program in the same month, replacing an exhausted prior authorization, to be executed opportunistically through open market or private transactions. These initiatives support an annualized net return on average common equity of 20.6% for the nine months ended September 30, 2025.

History

Founding and initial public offering

AXIS Capital Holdings Limited was formed in November 2001 as AXIS Specialty Limited, a Bermuda-domiciled Class IV insurer and reinsurer, by a consortium of investors led by Marsh & McLennan's Trident II private equity fund and including prominent figures such as John Charman, who served as the principal founder, president, and CEO from inception. Charman served in these roles until 2012, when he retired as CEO in May and was removed as chairman in June amid leadership transitions. The company was established with approximately $1.7 billion in startup capital, enabling it to capitalize on the post-September 11, 2001, hardening of the insurance and reinsurance markets, where reduced capacity following the terrorist attacks created opportunities for new entrants offering specialty coverage. Initial operations commenced in late 2001, with a primary focus on specialty reinsurance lines amid the industry's rate increases and capacity constraints. Early strategic decisions included basing the company in Bermuda to leverage its favorable regulatory framework for reinsurance, which allows for efficient capital deployment and operational flexibility, as well as its zero income tax regime that enhances competitiveness in the global market. The founding team was assembled by recruiting experienced underwriters and executives from established firms, with Charman at the helm guiding the recruitment of global talent to build underwriting expertise in property, casualty, and other specialty risks. In its first full year of 2002, achieved significant milestones, including gross premiums written of $1.1 billion across insurance and segments and a of $265.1 million, while securing key treaties that diversified its portfolio and established its presence. These accomplishments were supported by strategic quota-share arrangements and retrocession agreements to manage risk exposure effectively. The company transitioned to public status through its on July 1, 2003, listing on the under the ticker symbol AXS, where it issued 21.5 million shares at $22 each, raising net proceeds of approximately $316 million to further bolster capital for expansion. This IPO marked AXIS's maturation into a publicly traded entity, enabling broader access to markets while maintaining its focus on specialty lines in a recovering environment.

Major acquisitions and strategic shifts

In 2015, AXIS Capital announced an $11 billion merger agreement with PartnerRe Ltd. aimed at diversifying its portfolio and enhancing global scale. The deal sought to combine AXIS's specialty strengths with PartnerRe's expertise, but it faced competing bids and regulatory . The merger was terminated in August 2015 after PartnerRe pursued an alternative transaction, resulting in AXIS receiving a $315 million termination fee. This fee provided a financial boost, though the failed deal highlighted challenges in cross-border consolidations involving Bermuda-based firms under EU competition oversight. AXIS pursued growth through acquisitions in 2017, completing the purchase of Novae Group plc in October for approximately $604 million to strengthen its specialty insurance market presence. This transaction created a $2 billion insurer in and positioned AXIS as a top ten participant at , focusing on high-margin specialty risks like and . Concurrently, AXIS acquired Aviabel S.A., a Brussels-based aviation insurer and reinsurer, in April 2017, bolstering its footprint in and coverage. These deals navigated regulatory approvals, including antitrust reviews, to enable seamless cross-border integration while adhering to Bermuda Monetary Authority guidelines. Post-acquisition efforts yielded significant synergies, with the Novae alone targeting around $50 million in annual pre-tax savings through operational efficiencies and overhead reductions, fully realized by the second year. Broader strategic shifts included diversification into insurance-linked securities via AXIS ILS, a dedicated unit managing third-party capital for and specialty , aligning with goals for alternative risk transfer. In June 2022, AXIS exited its and property lines to refocus on higher-margin casualty and specialty segments, repositioning AXIS Re as a specialist provider and reducing exposure to volatile perils. This move, supported by and EU regulatory frameworks, enhanced portfolio stability amid evolving market dynamics.

Recent milestones

In April 2024, AXIS Capital launched the 2050 at Lloyd's, a specialist dedicated to risks associated with the shift to sources, including renewables, carbon capture, and other low-carbon technologies. This initiative received full approval from Lloyd's and commenced on April 1, 2024, providing a centralized platform for clients navigating the amid growing demand for coverage in emerging clean energy projects. In August 2025, AXIS Capital introduced AXIS Solutions, a dedicated business unit focused on delivering structured and multi-line solutions to support client programs and distribution partners. Led by David Murie, the unit addresses market trends toward integrated portfolio deals, enabling more efficient risk transfer across specialty lines and . During its first quarter 2025 investor presentation, AXIS Capital highlighted sustained premium growth, with rising 5% year-over-year to $2.8 billion, driven by expansions in both and segments, alongside strategic partnerships enhancing its global reinsurance capabilities. The segment specifically saw a 6% increase in , reflecting disciplined growth in specialty areas. In the third quarter of 2025, AXIS Capital reported net income available to common shareholders of $294 million, or $3.74 per diluted share, with a combined ratio of 89.4%, underscoring ongoing discipline. In August 2025, AXIS Capital announced key leadership transitions, including the appointment of as the next , succeeding effective March 2026, with Kirk joining in an advisory role in the fourth quarter of 2025 to ensure a seamless . Vogt, who has served as since 2015, will transition to a strategic advisor position through the end of 2026. Throughout 2023 to 2025, AXIS Capital adapted to market events by monitoring and mitigating inflation and climate risks in its specialty lines, maintaining strong underwriting performance without significant disruptions, with combined ratios improving significantly, reaching below 91% in 2025 quarters, as evidenced by consistent quarterly results and proactive measures like enhanced exposure management for environmental risks. The company issued reports emphasizing climate-driven energy transition risks and implemented tools such as a Climate Dashboard to assess long-term exposures, supporting resilient operations in renewables and casualty portfolios.

Business operations

Insurance segment

The Insurance segment of AXIS Capital focuses on providing specialty insurance products tailored to complex risks faced by corporate clients worldwide. This segment offers coverage in key lines such as , which includes physical loss or damage, business interruption, and machinery breakdown ; casualty, encompassing general liability, international casualty, excess and surplus lines; professional lines, covering directors' and officers' liability, errors and omissions, and employment practices liability; and , addressing , , and liability risks for operations. These offerings target niche markets, avoiding standard personal lines to prioritize high-value, specialized protections for businesses in industries like , , and technology. AXIS Capital's underwriting strategy in this segment emphasizes establishing leadership positions in niche markets, particularly excess and surplus lines, where it provides agile, customized solutions to meet evolving client needs. leverage deep expertise to assess and price complex risks, focusing on profitable growth through selective acceptance and disciplined portfolio management. For instance, the segment includes program business developed in with brokers and managing general agents (MGAs), enabling efficient distribution of tailored casualty and property programs to underserved segments. This approach contributed to of approximately $1.9 billion in the second quarter of 2025, representing a significant portion of the company's total premiums and underscoring the segment's scale in specialty direct . Distribution occurs primarily through a network of global offices and strategic partnerships with brokers, facilitating access to international markets while maintaining a focus on wholesale and channels for corporate policyholders. Risk management practices in the segment prioritize portfolio diversification across lines and geographies to mitigate concentration risks, alongside efficient claims handling processes that emphasize prompt resolution and data-driven insights to improve outcomes. These elements support the segment's role in providing robust capacity for primary policyholders, with arrangements occasionally bolstering larger exposures.

Reinsurance segment

AXIS Capital's reinsurance segment, known as AXIS Re, provides specialty reinsurance solutions to global insurance carriers, focusing on treaty and facultative arrangements across diverse risk classes. The segment offers coverage for casualty risks, including general liability, umbrella, excess, auto, environmental, public entity, professional lines such as directors and officers (D&O), errors and omissions (E&O), employment practices liability (EPL), medical malpractice, and cyber exposures. These are delivered through proportional treaties, where premiums and losses are shared proportionally, and excess-of-loss structures that protect against losses exceeding specified thresholds. In credit and surety reinsurance, AXIS Re supports and surety bonds, including contract, commercial, and bid bonds, via both facultative placements for individual risks and treaty on proportional or non-proportional bases. and covers ocean , inland , offshore , and composite exposures, utilizing proportional and excess-of-loss treaties to address elemental and non-elemental perils for global and regional cedants. The segment also extends to cyber risks, leveraging innovative structures like catastrophe bonds to transfer tail risks to alternative capital markets, as demonstrated by the 2023 issuance of the first 144A cyber catastrophe bond, Long Walk Re. AXIS Re operates with a strong global footprint, including key hubs in the US, London Market, and Asia-Pacific, enabling access to diverse markets through established relationships with managing general agents (MGAs) and multi-line carriers. To scale in emerging areas, the company launched the AXIS Energy Transition Syndicate 2050 at Lloyd's in April 2024, providing specialized coverage for clean energy projects transitioning from fossil fuels, with capacity up to $100 million per risk. This syndicate underscores AXIS Re's commitment to supporting the energy transition amid climate-related challenges. The approach emphasizes data-driven risk selection and disciplined pricing to maintain profitability, informed by advanced and processes. AXIS Re leverages its AXIS ILS platform to attract third-party alternative capital, including insurance-linked securities (ILS) and sidecars, which enhances capacity and diversifies funding; fee income from such partners rose 56% year-over-year to $14 million in Q2 2024, reflecting growing investor interest. This strategy has contributed to low combined ratios, with the reinsurance segment achieving 92% in Q2 2025, supported by favorable reserve development and minimal catastrophe losses. In key markets, AXIS Re has expanded healthcare capabilities, appointing Erik Rasmussen as Head of US Healthcare in October 2025 to oversee and health solutions for carriers, reporting to the Global Head of & Health. The segment also manages legacy run-off through loss portfolio transfers (LPTs), such as the $2.3 billion quota share agreement with Enstar completed in April 2025, covering 75% of $3.1 billion in reserves and freeing capital for growth. The segment contributes significantly to Capital's overall premiums, with gross premiums written of $583.5 million in Q2 2025, representing approximately 23% of the company's total $2.5 billion for the quarter, driven by steady demand in specialty lines despite a 6.8% year-over-year decline due to renewal timing. This performance highlights the segment's role in balancing the portfolio alongside primary activities.

Specialized divisions

AXIS Capital operates several specialized divisions that extend beyond its core insurance and reinsurance activities, focusing on innovative structures like delegated programs, alternative risk transfer mechanisms, and niche risk appetites. These units enable the company to partner with external agents, attract third-party capital, and address emerging risk landscapes, thereby enhancing overall capacity and diversification. The Program Business division provides tailored property and casualty solutions through appointed Program Administrators (PAs) and Managing General Agents (MGAs), emphasizing delegated for specialty risks in groups and industry-specific segments. This approach targets small to midsize insureds in commercial and personal lines, such as associations and niche sectors, where MGAs underwrite on AXIS's behalf using predefined guidelines to ensure specialized coverage for non-standard risks. By leveraging experienced teams skilled in evaluating and managing these authorities, the division supports scalable distribution while maintaining rigorous risk selection and compliance. AXIS ILS serves as an insurance-linked securities platform that deploys third-party capital into catastrophe bonds and collateralized reinsurance arrangements, thereby augmenting AXIS's underwriting capacity for high-impact perils. Operating through a hybrid model that combines expertise with capital markets access, it constructs customized (re)insurance portfolios aligned with investors' goals, packaging risks for efficient transaction execution in global markets. This division facilitates alternative risk transfer by enabling non-traditional investors to participate in specialty (re)insurance, particularly for exposures, without direct commitment from AXIS. In August 2025, launched Capacity Solutions, a dedicated unit providing structured multi-line capacity for complex client programs, led by industry veteran David Murie. This initiative targets distribution partners by offering agile, portfolio-level solutions across multiple lines, addressing demand for integrated risk financing in evolving market conditions. Among other specialties, AXIS Aviation, bolstered by the 2016 acquisition of Belgium-based Aviabel, underwrites global aviation risks including hull, liability, and space exposures through integrated operations. Additionally, the AXIS Energy Transition Syndicate 2050, established at Lloyd's in April 2024, focuses on sustainable energy risks by providing specialist coverage for renewable projects and transition-related perils like , and emerging technologies. These specialized divisions integrate with AXIS's core segments by supplying innovative tools for risk diversification and capital efficiency, fostering scalability in specialty underwriting without duplicating primary operations.

Leadership and governance

Executive management

Vincent C. Tizzio serves as President and of AXIS Capital, a role he assumed on May 4, 2023, overseeing the company's overall strategy and positioning it as a global specialty insurer and reinsurer. Prior to this appointment, Tizzio joined AXIS in January 2022 as Senior Advisor for Insurance Market Strategy and served as CEO of the Insurance Segment from June 2022, drawing on his extensive background in leadership from positions at Financial Services Group, including Executive Vice President and Head of U.S. Business Insurance. Peter J. Vogt has been Chief Financial Officer since January 2018, managing AXIS Capital's financial operations, capital management, and . Vogt, who previously served as Deputy from July 2017, will transition out of the role in March 2026 and remain as a strategic advisor through 2026; he will be succeeded by Matthew Kirk, who joined AXIS in the fourth quarter of 2025 in an advisory capacity. Kirk brings deep expertise in from over two decades at PartnerRe, where he most recently led global functions. Among other key executives, David Phillips has served as since April 2014, directing the management of AXIS Capital's investment portfolio with a focus on generating attractive risk-adjusted returns. Ben Stilwell has served as since June 2022, supporting the company's enterprise risk framework and integrating risk assessment across insurance and reinsurance operations. Additionally, segment leaders include Erik Rasmussen, appointed Head of U.S. Healthcare Reinsurance in October 2025, who oversees strategic and client relationships in that area with more than 30 years of industry experience from roles at . Recent leadership changes in 2025 include the promotion of Sarah Stephen to Head of Liability within Global Markets, where she manages general liability and international casualty teams, building on her prior roles at . The executive team collectively possesses an average of over 30 years of experience in and , with a strong emphasis on global operations and specialty risk solutions.

Board of directors

The Board of Directors of AXIS Capital Holdings Limited consists of 12 members, with 11 independent directors, ensuring a majority-independent structure to oversee the company's strategic direction and risk management. As a Bermuda-incorporated entity, the board operates in alignment with Bermuda corporate laws, including requirements for director qualifications and fiduciary duties. The board is divided into three classes with staggered terms, where Class I directors' terms expire in 2027, Class II in 2026, and Class III in 2028 as of November 2025, facilitating continuity while allowing annual elections for one class. Directors are elected by a majority vote, with an average tenure of 8.4 years as of 2025, reflecting a balance of experienced leadership and fresh perspectives through recent additions between 2020 and 2024. W. Marston Becker serves as the non-executive Chair, having joined the board in June 2020 and been appointed to the role in May 2024. brings over 35 years of experience in the industry, including prior roles as Chairman of QBE Insurance Group from 2014 to 2020 and Chairman and CEO of Alterra Capital Holdings Limited from 2006 to 2013. The board features diverse expertise, with key members such as Axel Theis, a former CEO of Global Corporate & Specialty SE with 33 years in and ; Stanley Galanski, who joined in January 2024 after serving as CEO of The Navigators Group for 16 years, providing deep property/casualty knowledge; and Charles A. Davis, Co-CEO of Stone Point Capital since 2005 with extensive background from . Other notable directors include Barbara A. Yastine, former CEO of Ally Bank, contributing and regulatory insights, and Lizabeth H. Zlatkus, ex-CFO and at , enhancing risk oversight capabilities. This composition ensures robust oversight in , , and emerging areas like through members such as Elanor R. Hardwick, former UBS . The board maintains several standing committees to address specific governance functions: the Audit Committee, chaired by Lizabeth H. Zlatkus; the Risk Committee, led by Axel Theis for enterprise risk oversight; the and Compensation Committee, under Michael Millegan; the , Nominating, and Committee, chaired by Elanor R. Hardwick, which integrates (ESG) factors into board deliberations; the Finance Committee, headed by Anne Melissa Dowling; and the Executive Committee, chaired by . These committees, established to align with post-2022 strategic shifts toward enhanced and , review policies on compensation alignment, ESG reporting, and global market risks, promoting diverse oversight with four female directors and representation across insurance, finance, and international expertise. Recent board additions from 2020 to 2024, including , Theis, Galanski, and others, have bolstered capabilities in global and amid evolving market dynamics.

Global presence

Headquarters and key offices

AXIS Capital Holdings Limited maintains its global headquarters in , , at 92 Pitts Bay Road, AXIS House, where the company has been based since its inception in 2001, serving as the for , strategic oversight, and functions since its incorporation in 2002. In the United States, key offices support North American operations, including the location at , 17th Floor, which serves as a primary hub for specialty lines; the office at 233 South Wacker Drive, Suite 4930, focused on ; and the Atlanta-area office in , at 10000 Avalon Boulevard, Suite 200, dedicated to program business . Other major international sites include the London office at 52 Lime Street, established through the 2017 acquisition of Novae Group to provide access to the market for specialty insurance and ; the Singapore office at 50 , #46-06 Singapore Land Tower, acting as the regional hub for Asia-Pacific solutions; and the Toronto office at 123 Front Street West, Suite 1700, supporting Canadian market expansion in areas such as environmental liability and clean energy. As of 2025, AXIS Capital operates 20 offices worldwide, equipped with facilities for , claims , and client services to facilitate efficient . The company's infrastructure features modern office setups that emphasize a hybrid work model, requiring at least three days in-office per week, alongside technology investments such as to enhance system performance, scalability, and coordination across locations.

International expansion

Following its initial public offering in 2003, AXIS Capital began expanding beyond its Bermuda base to establish a presence in key international markets, starting with the build-out of U.S. insurance operations in the first quarter of that year to tap into the largest global insurance market and attract specialized talent. Concurrently, the company capitalized AXIS Re with an additional $300 million to support European expansion, enabling underwriting in that region and compliance with emerging regulatory frameworks. By 2004, AXIS opened its European headquarters in Dublin, Ireland, which facilitated $415 million in gross premiums for the year and strengthened its position in specialty lines across the continent. In Asia-Pacific, a representative office was established in Singapore in 2004 to explore reinsurance opportunities in emerging markets, followed by a full branch opening in 2008 to underwrite local and regional risks. Canada entry occurred in September 2008 with the establishment of a branch focused on property and casualty insurance, diversifying from U.S.-centric exposure. The 2017 acquisitions marked a significant in international growth, with the purchase of Novae Group plc for $604 million integrating London-based specialty capabilities and positioning as a top-10 reinsurer at . Complementing this, the acquisition of Aviabel S.A., a Belgian insurer, doubled 's aviation business turnover and enhanced its European footprint in niche sectors. These moves built on earlier foundations, allowing to leverage Novae's established U.K. infrastructure for broader European access. Strategic drivers for this expansion included regulatory compliance, such as adherence to standards in , which required localized capital and operations to maintain competitiveness post-2016 implementation. Market opportunities in high-growth regions like drove the Singapore focus, enabling proximity to clients in dynamic economies and reducing reliance on and U.S. operations for diversification amid geopolitical risks. Overall, these efforts aimed to access diverse talent pools, mitigate concentration risks, and capture global specialty demand. By 2025, AXIS Capital had grown to 20 offices worldwide, reflecting sustainable expansion through organic development and targeted acquisitions while navigating challenges like and regional volatility.

References

  1. [1]
    AXIS Capital Holdings Limited (AXS) Company Profile & Facts
    AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products in Bermuda, the United States, and ...
  2. [2]
    axis capital holdings limited - SEC.gov
    We were founded with $1.7 billion of capital and began operations in November 2001 as AXIS Specialty. AXIS Specialty and its subsidiaries became wholly owned ...
  3. [3]
    Specter of terrorism risk still hangs over insurance industry decades ...
    Sep 13, 2021 · Some of these companies, such as Arch Capital Group Ltd. and AXIS Capital Holdings Ltd., remain active. Despite all the post-9/11 changes ...
  4. [4]
    Axis Capital Holdings Ltd - Company Profile and News
    AXIS Capital Holdings Limited operates as a holding company. The Company, through its subsidiaries, offers insurance covers for property, workers compensation.
  5. [5]
    Axis Capital
    With 19 offices worldwide, AXIS Capital is a leading provider of specialty lines insurance and reinsurance globally.Who We Are · Careers · Insurance · Locations
  6. [6]
    AXIS Capital Holdings Limited (AXS) Stock Price, News, Quote ...
    AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products in Bermuda, the United States, and ...Profile · Historical Data · Community · Analysis<|control11|><|separator|>
  7. [7]
    AXIS Capital Holdings Limited - Investor Relations
    October 29, 2025. AXIS Capital Reports Third Quarter Net Income Available to Common Shareholders of $294 Million, or $3.74 Per Diluted Common Share and ...
  8. [8]
    Who We Are - Axis Capital
    AXIS brings the sophistication of a top specialty insurer and global reinsurer and the agility of a firm with entrepreneurial roots.Locations · AXIS · AXIS Management · AXIS ILS
  9. [9]
    Axis Capital Holdings | AXS Stock Price, Company Overview & News
    Industry: Insurance ; Founded: 2001 ; Headquarters: Pembroke ; Country/Territory: Bermuda ; Chief Executive Officer: Vincent Tizzio.
  10. [10]
    Locations - Axis Capital
    You will find us in key markets around the world. 20 offices worldwide. 50+ ... © 2025 AXIS Capital. All right reserved. Product information on this ...
  11. [11]
    AXIS Capital Reports Second Quarter Net Income Available to ...
    Jul 29, 2025 · ... financial results for the second quarter ended June 30, 2025. ... The Company has shareholders' equity of $6.2 billion at June 30, 2025 ...
  12. [12]
  13. [13]
    AXIS Capital Holdings (AXS) Market Cap & Net Worth - Stock Analysis
    AXIS Capital Holdings has a market cap or net worth of $7.78 billion as of November 11, 2025. Its market cap has increased by 13.82% in one year. Market Cap.
  14. [14]
    AXIS Capital Reports Second Quarter Net Income Available to ...
    Jul 29, 2025 · The Company has shareholders' equity of $6.2 billion at June 30, 2025, and locations in Bermuda, the United States, Europe, Singapore and Canada ...
  15. [15]
    AXIS Capital's GPW hit $2.5b in Q2'25, CoR strengthens to 88.9%
    Jul 30, 2025 · The Bermuda-based re/insurer recorded solid top-line growth in Q2'25, with net premiums written (NPW) up by $62 million, or 4% to $1.6 billion, ...
  16. [16]
    AXIS Capital - icisa
    Dec 11, 2024 · AXIS Capital was capitalized with approximately $1.7 billion in November 2001 to address the need for quality capacity in the specialty ...Missing: Pembroke | Show results with:Pembroke
  17. [17]
    Financial Strength & Ratings - AXIS
    AXIS Capital, through its insurance subsidiaries, is a leading provider of specialty lines insurance and reinsurance globally. Coverage is backed by the ...
  18. [18]
    AM Best Affirms Credit Ratings of AXIS Capital Holdings Limited and ...
    Aug 28, 2025 · AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) ...Missing: S&P Moody's
  19. [19]
    AXIS Capital Declares Quarterly Dividends and Announces New ...
    Sep 17, 2025 · AXIS Capital Declares Quarterly Dividends and Announces New Share Repurchase Authorization. September 17, 2025. PEMBROKE, Bermuda--(BUSINESS ...Missing: buybacks | Show results with:buybacks
  20. [20]
    AXIS CAPITAL HOLDINGS LTD Earnings Call Transcript FY25 Q2
    We produced record second quarter premiums of $2.5 billion, including $732 million in new business, and we generated a combined ratio of 88.9%. Catastrophe ...
  21. [21]
    2002 results - Analysis on the big brokers' 2002 ... - Insurance Insider
    ... AXIS Specialty, the insurer formed by the broker's private equity fund Trident II in November 2001. Marsh manages the fund and has supplied some of its capital.
  22. [22]
  23. [23]
    Charman to Retire as AXIS CEO, President; Benchimol Chosen as ...
    Dec 13, 2011 · He was the principle founder of the company in 2001. Albert Benchimol has been chosen to succeed him, also effective May 3, 2012. He currently ...
  24. [24]
    [PDF] Annual Report 2003 - AnnualReports.com
    Feb 6, 2004 · AXIS Specialty Limited continues to operate as a Bermuda domiciled. Class IV insurance and reinsurance company. John Charman, President and CEO ...
  25. [25]
    Charman: Insurance has better prospects now than after 9/11 attacks
    Oct 29, 2008 · Axis was one of a wave of insurers founded in Bermuda to fill the gap in insurance capacity created by 9/11. On Monday evening, the company ...
  26. [26]
    Axis: Boo! Missing the biggest party of the decade
    Nov 1, 2022 · Axis and several others in the so-called “Class of 2001” were formed after the 9/11 tragedy to benefit from a capital squeeze. Since that ...Missing: founded post-
  27. [27]
  28. [28]
    AXIS posts profit in first year of business
    Feb 14, 2003 · PEMBROKE, Bermuda–AXIS Capital Holdings Ltd. earned $265.1 million in 2002, its first full year of operation. The Pembroke, Bermuda-based ...
  29. [29]
    Axis Capital Shares Rise on Public Offering - The New York Times
    Jul 2, 2003 · Shares of Axis Capital Holdings rose 16 percent after it raised $473 million in this year's biggest initial public offering by an insurance ...
  30. [30]
    Axis IPO A Great Success - Insurance Journal
    It expanded on this in the first quarter of 2003, posting net income of $107.1 million on gross premiums written of $608.6 million. The company ...
  31. [31]
    AXIS Capital and PartnerRe to Combine in $11 Billion Merger
    Jan 25, 2015 · The merger is expected to achieve at least $200 million in annual pre-tax cost synergies in the first 18 months of operations and to be ...
  32. [32]
    AXIS Agrees to Terminate PartnerRe Merger - Insurance Journal
    Aug 3, 2015 · AXIS also confirmed that “PartnerRe will pay AXIS Capital a $315 million fee to immediately terminate the amalgamation agreement, which was ...
  33. [33]
    AXIS Capital Agrees To Terminate Merger With PartnerRe - RTTNews
    PartnerRe will pay AXIS Capital a $315 million fee to immediately terminate the amalgamation agreement, which was originally entered into by both companies on ...Missing: details | Show results with:details
  34. [34]
    AXIS Capital and PartnerRe Announce Approval from European ...
    May 26, 2015 · AXIS Capital and PartnerRe have now received all competition-related approvals required for the completion of their amalgamation agreement. The ...Missing: cross- border
  35. [35]
    AXIS Capital Completes Acquisition of Novae
    Oct 18, 2017 · ... acquisition of Novae Group plc (Novae) (LON:NVA). The acquisition creates a $2 billion insurer in London and a top ten (re)insurer at Lloyds ...
  36. [36]
    AXIS Capital Completes Purchase of Novae - Insurance Journal
    Oct 18, 2017 · AXIS Capital Holdings Ltd. it has finalized its acquisition of Novae Group plc, which creates a $2 billion insurer in London and a top ten re/insurer at Lloyd' ...
  37. [37]
    A.M. Best Upgrades Aviabel's Ratings After AXIS Acquisition
    May 2, 2017 · The outlook assigned to these credit ratings is stable. This rating action follows the completed acquisition of Aviabel by AXIS Capital Holdings ...
  38. [38]
    EU Commission clears PartnerRe, Axis Capital merger | MLex
    May 27, 2015 · The companies have received all regulatory approvals necessary to complete their deal, the companies said in a regulatory filing to the US ...
  39. [39]
    [PDF] AXIS Acquisition of Novae
    Jul 1, 2017 · Acquisition of 100% of Novae Group Plc (“Novae” or the “Company”) by AXIS Capital Holdings Limited (“AXIS”) or one of its subsidiaries for ...
  40. [40]
    AXIS ILS - Axis Capital
    AXIS ILS builds specialized (re)insurance portfolios, aligning with investment goals, and leverages a hybrid model for global access to markets.
  41. [41]
    AXIS Exits Property Reinsurance to Focus on Specialty
    AXIS Capital Holdings Ltd. announced it has completed the shift of AXIS Re from property reinsurance to focus instead on casualty, specialty ...
  42. [42]
    [PDF] ANNUAL REPORT 2022 - Axis Capital
    Jun 30, 2020 · In addition, we repositioned AXIS Re as a specialist reinsurer, and exited the volatile Catastrophe and Property reinsurance space, reducing our ...
  43. [43]
    AXIS Prepares To Launch Energy Resilience Syndicate 2050 ...
    Dec 13, 2023 · Pending final approval by Lloyd's, AXIS Energy Resilience Syndicate 2050 aims to begin underwriting on April 1, 2024. “The shift to net zero is ...
  44. [44]
    AXIS Capital's Syndicate 2050 Gets Full Lloyd's Approval to Begin ...
    Mar 5, 2024 · AXIS Capital Holdings announced it has received full approval from Lloyd's to begin underwriting from April 1, 2024.
  45. [45]
    AXIS Launches AXIS Capacity Solutions
    AXIS Capacity Solutions is a new unit for structured, multi-line portfolio deals, supporting distribution partners and addressing a growing market trend.
  46. [46]
    AXIS Capacity Solutions launches led by David Murie
    AXIS Capacity Solutions launches led by David Murie. 13th August 2025 - Author: Beth Musselwhite -. Share. AXIS Capital Holdings Limited, a global specialty ...
  47. [47]
    AXIS Capital Reports First Quarter Net Income Available to Common ...
    In addition, our Reinsurance business continued to generate steady, profitable results with a 92.3% combined ratio and $1.1 billion in premiums. Underpinning ...Missing: advantages | Show results with:advantages
  48. [48]
    Investors - Financial Reports - Earnings Releases
    For the third quarter of 2025, the Company reports: Annualized return on average common equity ("ROACE") of 20.6% and annualized operating ROACE of 17.8% ...
  49. [49]
    AXIS Announces Chief Financial Officer Transition
    Aug 14, 2025 · Mr. Kirk will join AXIS in the fourth quarter of 2025, initially serving in an advisory capacity before assuming the role of CFO in March 2026.Missing: succession | Show results with:succession
  50. [50]
    Matthew Kirk to succeed Peter J. Vogt as CFO at AXIS Capital
    Aug 14, 2025 · AXIS Capital has revealed that Matthew Kirk will succeed Peter J. Vogt as the firm's Chief Financial Officer, effective March 2026.
  51. [51]
    Social inflation, D&O market and natcat challenges on Axis Capital's ...
    Jan 31, 2025 · The Bermudian re/insurer's chief executive made the comments while discussing its 2024 results.
  52. [52]
    AXIS reports climate change driving energy transition amid rising risks
    Jun 17, 2024 · AXIS Capital Holdings Limited, a specialty insurance company, has released a new report titled “Navigating Risk in the Energy Transition”, ...Missing: response 2023-2025
  53. [53]
    [PDF] axis capital holdings limited
    The following are the lines of business in our insurance segment: Professional Lines: provides directors' and officers' liability, errors and omissions ...
  54. [54]
    AXIS Capital Insurance
    ### Summary of AXIS Capital Insurance Products and Services
  55. [55]
    [PDF] Programs - Axis Capital
    MGAs offer specialist underwriting often in niche markets, in-depth local knowledge, and cost effective distribution platforms for their insurer partners. At ...Missing: segment strategy
  56. [56]
    Casualty - AXIS - Axis Capital
    AXIS Casuality Insurance Solutions cover beyond the limits of a general liability policy. The solutions are Primary Casuality and Excess Casuality.Missing: lines surplus
  57. [57]
    AXIS Advances Transition to Specialty Underwriter, Announces Loss ...
    Dec 16, 2024 · “This transaction aligns our balance sheet with our previously stated underwriting strategy of leaning into our specialty insurance business,” ...
  58. [58]
    Casualty Reinsurance - Axis Capital
    AXIS Capital Casualty provide capital relief, volatility reduction and structured solutions o keep up with the ever changing environment.
  59. [59]
    AXIS Capital Credit and Surety - Reinsurance
    Axis Capital offers innovative trade credit and surety solutions, including credit, surety & bond reinsurance, and both facultative and treaty reinsurance.Missing: catastrophe | Show results with:catastrophe
  60. [60]
    Marine - AXIS - Axis Capital
    Marine & Energy Reinsurance. AXIS Re offers marine insurers reinsurance solutions for ocean marine, inland marine, offshore energy, and composite exposures.Missing: catastrophe | Show results with:catastrophe
  61. [61]
    AXIS Closes Market's First 144A Cyber Catastrophe Bond
    Nov 28, 2023 · We believe this lays a foundation for the growth of cyber as an alternative asset class for ILS investors.” Long Walk Reinsurance is a ...
  62. [62]
    AXIS Capital Reinsurance
    ### Summary of AXIS Capital Reinsurance Products and Services
  63. [63]
    AXIS Report: How Risks Including Climate Change, Economic ...
    Jun 13, 2024 · Learn more here. Launched in April 2024, AXIS Energy Transition Syndicate 2050 is a specialist insurance syndicate at Lloyd's, providing cover ...
  64. [64]
    AXIS Energy Transition Syndicate 2050
    AXIS Energy Transition Syndicate 2050 is a specialist insurance syndicate, providing cover for risks that are moving from a reliance on fossil fuels to more ...Missing: 2024 | Show results with:2024
  65. [65]
    [PDF] Financial Condition Report 2023 - Axis Capital
    Underwriting expenses/combined ratio. $. 5,078,493. 99.9%. $. 4,944,770. 95.8%. 3 ... Our disciplined underwriting approach coupled with a peer review process has ...
  66. [66]
    Earnings call transcript: AXIS Capital Q2 2025 sees strong earnings ...
    Oct 14, 2025 · AXIS Capital reported robust earnings for the second quarter of 2025, showcasing a net income of $216 million, or $2.72 per diluted share.
  67. [67]
    AXIS Appoints Erik Rasmussen as Head of US Healthcare ...
    Oct 13, 2025 · AXIS Appoints Erik Rasmussen as Head of US Healthcare Reinsurance. Company Release - 10/13/2025 10:00 AM ET.
  68. [68]
    AXIS completes $2.3bn LPT reinsurance agreement with Enstar
    Apr 25, 2025 · The agreement covers reinsurance segment reserves of $3.1 billion at September 30th, 2024, and is a 75% quota share, with AXIS retroceding $2.3 billion of ...
  69. [69]
    AXIS Capital Q2 Earnings Surpass Estimates, Premiums Increase Y/Y
    Jul 30, 2025 · Capital Deployment. As of June 30, 2025, AXIS Capital had $110 million remaining authorization under the board-authorized share repurchase ...
  70. [70]
    Program Business - AXIS - Axis Capital
    AXIS Program Business offers property and casualty insurance for commercial and personal coverage.Missing: surplus | Show results with:surplus
  71. [71]
  72. [72]
    AXIS Launches AXIS Capacity Solutions - Business Wire
    Aug 13, 2025 9:00 AM Eastern Daylight Time ... In David, we have an excellent leader to guide AXIS Capital Solutions who brings a strong mix of experience ...
  73. [73]
    AXIS Capital Buys Belgium-Based Specialty Aviation Re/Insurer ...
    Nov 29, 2016 · Bermuda-based AXIS Capital Holdings Ltd. announced it has agreed to acquire general aviation insurance and reinsurance leader Aviabel, ...
  74. [74]
    Planet - Axis Capital
    Effective April 1, 2024, AXIS started underwriting through AXIS Energy Transition Syndicate 2050, which offers a single access point to specialist insurance ...
  75. [75]
    Vincent C. Tizzio Becomes President and CEO of AXIS Capital
    May 4, 2023 · Mr. Tizzio first joined AXIS in January of 2022 as Senior Advisor – Insurance Market Strategy and future Insurance CEO, reporting directly to ...Missing: date | Show results with:date
  76. [76]
    New CEO takes reins at AXIS Capital | Insurance Business America
    May 5, 2023 · Tizzio joined AXIS in January 2022 as senior advisor for insurance market strategy and future insurance CEO, reporting to Benchimol. In June ...Missing: appointment date
  77. [77]
    Former Hartford exec to become Axis Insurance CEO
    Jan 5, 2022 · Vincent C. Tizzio has joined the company as senior advisor, insurance market strategy, and will become the CEO of Axis Insurance on June 1, 2022.
  78. [78]
    AXIS Management - Axis Capital
    Learn more about the management team behind AXIS that bring experience in insurance, reinsurance, and financial services to take on risks.
  79. [79]
    Ben Stilwell becomes AXIS Re's new CRO - Reinsurance News
    Jun 2, 2023 · Ben Stilwell is starting a new position as Chief Risk Officer (CRO) for AXIS Re SE, the reinsurance underwriting unit of AXIS Capital.
  80. [80]
    AXIS Capital reveals leadership changes
    May 29, 2025 · Under the new structure, Sarah Stephen has been promoted to head of liability and will oversee the General Liability and International ...
  81. [81]
    AXIS enhances Global Markets team structure with several ...
    May 28, 2025 · ... Sarah Stephen who has been promoted to Head of Liability. Stephen will report to Dax Gulmohamed, whose responsibilities are being expanded ...
  82. [82]
    axs-20250403 - SEC.gov
    Peter Vogt was appointed Chief Financial Officer of AXIS Capital in January 2018. ... Chief Risk Analytics Officer, and Insurance Segment Chief Risk Officer ...<|separator|>
  83. [83]
    Board of Directors - AXIS
    The Axis Capital Board of Directors reviews and approves strategic direction. W. Marston Becker is the Chair, and Vincent C. Tizzio is President and CEO.<|control11|><|separator|>
  84. [84]
    axs-20211231 - SEC.gov
    Our Singapore office serves as our regional hub in Asia and provides specialty insurance and reinsurance solutions in the Asia Pacific region. We service ...<|control11|><|separator|>
  85. [85]
    AXIS takes environmental liability to Canada | Bermuda Re
    Apr 11, 2024 · AXIS Capital Holdings is expanding its environmental impairment liability segment into Canada with the appointment of an underwriter in its Toronto office.
  86. [86]
    Our Culture - Axis Capital
    We offer a variety of training opportunities that can help push your career to the next level. Coaching and mentoring; Development planning; Leadership training ...<|control11|><|separator|>
  87. [87]
    Accelerating Axis Capital's Digital Future with Microsoft Azure ...
    Axis Capital partnered with Noventiq to modernize their legacy infrastructure, enhance system performance and scalability across their enterprise.
  88. [88]
    Axis reminds employees of hybrid mandate as the industry moves ...
    May 23, 2025 · Axis sent its employees an internal memo reinforcing that they need to be in the office at least three days a week, subject to off-site broker meetings and ...Missing: infrastructure | Show results with:infrastructure<|control11|><|separator|>
  89. [89]
    AXIS Capital to Increase Capitalization of AXIS Re to $500 Million as ...
    Sep 4, 2003 · AXIS Capital to Increase Capitalization of AXIS Re to $500 Million as Part of European Expansion. Company Release - 9/4/2003 5:27 PM ET.Missing: early 2003-2010
  90. [90]
    AXIS Capital Officially Opens New European Headquarters In Dublin
    Jul 8, 2004 · For the year ending December 31, 2003, our Irish companies wrote $415 million of individual risk gross premium on a consolidated basis. Our ...Missing: office | Show results with:office
  91. [91]
    Singapore office for AXIS subsidiary - The Royal Gazette
    Nov 9, 2004 · A subsidiary of Bermuda-based AXIS Capital Holdings Limited has received approval from the Monetary Authority of Singapore to establish a ...
  92. [92]
    AXIS to Open Singapore Branch - Insurance Journal
    Sep 4, 2008 · AXIS to Open Singapore Branch. September 4, 2008.
  93. [93]
    [PDF] NYSDFS Examination Report - Property Insurance - Reinsurance
    Mar 21, 2014 · On November 27, 2002, AXIS Specialty U.S. Holdings, Inc., a Delaware holding company, acquired the Company from Royal Insurance Company of ...
  94. [94]
    S&P Raises Ratings for Belgian Aviation Insurer Aviabel After AXIS ...
    As a result of the Aviabel acquisition, AXIS' aviation business turnover will double, S&P confirmed. “Thanks to its long presence in the industry and its ...
  95. [95]
    AXIS Capital Announces Acquisition of Aviabel - Bernews
    Nov 28, 2016 · Bermuda-based AXIS Capital Holdings has agreed to acquire general aviation insurance and reinsurance leader Aviabel, increasing the company's scale and ...<|separator|>
  96. [96]
    [PDF] AXIS Specialty Europe SE Solvency and Financial Condition Report
    AXIS Capital is a Bermuda holding company. At. 31 December 2024, it had common shareholders' equity of USD 5.5 billion, total capital of USD 7.4 billion and ...
  97. [97]
    [PDF] 2024 AXIS Capital
    Feb 26, 2025 · ... risks are complex ... maintain business continuity, AXIS Specialty Europe submitted an application to the Prudential Regulatory Authority.