AXIS Capital
| File:AXIS Capital Updated Logo.jpg | |
| Company type | Public |
|---|---|
| NYSE: AXS[1] Russell 1000 Component | |
| Industry | Property & casualty insurance |
| Founded | 2001 (25 years old) |
| Headquarters | Bermuda |
Key people | Vince Tizzio (CEO) |
| Increase US$ 192.833 million (2022)[2] | |
| Total assets | Increase US$ 27.6 billion (2022)[3] |
| Website | www |
AXIS Capital Holdings Limited is the holding company for AXIS group of companies. It offers various risk transfer products and services through subsidiaries and branch networks in Bermuda, the United States, Canada, Europe and Singapore.[4][5] The company offers insurance services including property, professional lines, terrorism, marine, energy, environmental and other insurance.[6] The reinsurance services include property, professional lines, credit and bond, and others.[7]
History
[edit | edit source]AXIS Capital Holdings Limited was founded in Pembroke, Bermuda in 2001.[8]
In February 2004, the company formed a healthcare unit providing professional liability insurance.[4]
In June 2015, AXIS and PartnerRe Ltd started a public campaign to convince shareholders of the positive aspects of a potential $13 billion merger between the two companies, with competition seen from Exor SpA, which bid $6.8 billion.[9]
In 2017 AXIS Capital has completed its acquisition of Novae Group P.L.C and Aviabel S.A.[10]
In February 2020, AXIS Capital Holdings chairman of the board and co-founder Michael Butt announced his retirement after five decades in the insurance business. AXIS board member and lead independent director Henry B. Smith has been appointed as successor to the chairmanship post.[11]
In May 2023, Vincent Tizzio was appointed President and CEO of AXIS,[12] succeeding Albert Benchimol.[13]
Offices
[edit | edit source]AXIS Capital has office locations in Bermuda, the United States, Europe, Singapore and Canada.[14]
Managers
[edit | edit source]- President & CEO - Vincent C. Tizzio[15]
References
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- ^ Reuters PartnerRe and Axis launch deal charm offensive, Reuters, 1 June 2015
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External links
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- Financial services companies established in 2001
- Companies listed on the New York Stock Exchange
- Holding companies of Bermuda
- Insurance companies of Bermuda
- Holding companies established in 2001
- 2001 establishments in Antigua and Barbuda
- Insurance company stubs
- United States financial services company stubs