Axis

Axis Insurance looks to Chubb for US A&H lead Sutts

Axis Insurance has named Stacey Sutts as lead underwriter for US accident and health (A&H).

Axis adds cyber underwriters from Allied World and HSB

Axis Insurance has hired two underwriters to its global cyber and technology team, with Alex White joining in Bermuda from Allied World and Jeff Bayer joining in the US from Hartford Steam Boiler.

Axis to provide capacity for UK MGA Generation Underwriting

UK MGA Generation Underwriting has signed a capacity deal with Axis to provide capacity for its core P&C offering.

Axis adds former AGCS CEO Theis and ex-Verizon president Millegan to board

Bermudian Axis Capital has appointed Axel Theis and Michael Millegan to its board of directors.

Axis Re hires former Axa XL mortgage underwriter Tucker

Axis Re has appointed former Axa XL vice president Kavan Tucker as senior mortgage underwriter in Bermuda.

Axis adds Miller to environmental liability unit

Axis Insurance has hired Jennifer Miller as a senior underwriter in its environmental liability team.

CEOs confident US rates will continue to outpace loss costs

An analysis of US commercial insurance feedback provided by management in earnings releases and on investor calls reveals rate increases continue to accelerate for most, with pricing drivers such as social inflation and the low interest environment expected to persist throughout 2021.

Axis hires Chavers as underwriting lead for small specialty commercial

Axis Insurance has hired Cincinnati Financial’s Carol Chavers as underwriting innovation lead for small specialty commercial.

Axis shares rise 3% after 2021 targets revealed

Axis Capital’s share price closed up nearly 3 percent after the Bermudian (re)insurer revealed improvement targets for 2021, including two to three point reductions in both the catastrophe loss ratio and the ex-cat loss ratio.

Axis sees 18% insurance rate hike in Q4; pricing momentum to continue into 2021

Axis Capital has reported a 15 percent uplift in average insurance rates across 2020 – with rates up 18 percent in the fourth quarter – as pricing momentum continues to accelerate across its core lines.

Axis Re adds Munich Re’s Glass to North America casualty team

Axis Re has hired Michelle Glass as a senior underwriter within its North America casualty team.

Axis Re hires Partington Howarth from Argo as CUO

Axis Re has hired Katie Partington Howarth from Bermudian rival Argo to serve as chief underwriting officer and head of its reinsurance products division.

Axis reduces cyber appetite as ransomware drives Q4 loss ratio increase

Bermudian Axis Capital is to curtail its appetite for primary cyber business in 2021 after the carrier identified an uptick in ransomware-related claims as having led to an increase in the fourth quarter loss ratio in its insurance segment.

Axis falls to operating loss but underlying CR improves to 91.8%

Preannounced losses from catastrophe and weather events and Covid-19 drove Axis Capital to a fourth quarter operating loss of $16mn, but the Bermudian was also able to report a 4.5 points improvement in its underlying combined ratio to 91.8 percent.

Axis adds two underwriters to renewable energy team

Axis Insurance has hired two underwriters for its global renewable energy business.

Axis pegs Q4 cat bill at up to $205mn as takes additional $125mn Covid hit

Bermudian carrier Axis Capital has preannounced fourth quarter net pre-tax claims for catastrophes and weather-related events in the range of $195mn to $205mn.

Axis says it will not insure new Arctic Refuge oil and gas projects

Axis Capital has become the latest carrier to make a commitment to not underwrite new insurance or facultative reinsurance contracts for oil and gas projects in the Arctic National Wildlife Refuge or provide them with investment support.

Professional liability MGA Insight Re gets Axis Lloyd’s capacity

Insight Re has secured a $5mn capacity line from Axis Syndicate 1686 to support the Miami-based MGA’s LatAm and Caribbean-focused D&O, professional liability and commercial crime writings, The Insurer can reveal.

Axis adds Bermuda professional lines underwriter from XL

Axis Insurance has hired Angus Lynn as vice president and professional lines underwriter in its Bermuda office, with the new addition joining from XL Bermuda.

Axis Insurance adds four underwriters to E&S property team

Axis Insurance has hired four senior underwriters within its US excess and surplus property team.

Region

Topics

Events & Conferences

Content Types