AXIS Capital
{{short description|Bermuda-based and global operating reinsurer}}
{{Use dmy dates|date=November 2019}}
{{Infobox company
| name = AXIS Capital Holdings Limited
| logo = AXIS Capital Updated Logo.jpg
| logo_size = 180px
| type = Public
| traded_as = {{ NYSE | AXS }}{{Citation|url= https://www.google.com/finance/quote/AXS:NYSE |title=traded symbols}}
Russell 1000 Component
| industry = Property & casualty insurance
| foundation = 2001 ({{age|2001|1|1}} years old)
| location = Bermuda
| key_people = Vince Tizzio
(CEO)
| net_income = {{Increase}} US$ 192.833 million (2022){{Cite web|title=Axis Capital AXS - Net Income|url=https://s26.q4cdn.com/454589600/files/doc_downloads/2023/01/Q4-2022-Financial-Supplement-Jan-27-2023.pdf}}
| assets = {{Increase}} US$ 27.6 billion (2022){{cite web|title=Financial Strength of AXIS Capital Holdings Limited|url=https://www.axiscapital.com/who-we-are/financial-strength-ratings|date=2022|website=axiscapital.com}}
| homepage = {{URL| http://www.axiscapital.com/ }}
}}
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.{{cite web|url=https://www.google.com/finance/quote/AXS:NYSE|title=Axis Capital Holdings Limited: NYSE:AXS quotes & news - Google Finance|publisher=}}{{cite web|url=http://www.axiscapital.com/en-us|title=AXIS Capital|access-date=2014-02-20|archive-url=https://web.archive.org/web/20140226114308/http://www.axiscapital.com/en-us|archive-date=2014-02-26|url-status=dead}} The company offers insurance services including property, professional lines, terrorism, marine, energy, environmental and other insurance.{{cite web|url=http://www.axiscapital.com/en-us/insurance|title=Specialty Insurance Solutions and Coverages - AXIS Capital|publisher=}} The reinsurance services include property, professional lines, credit and bond, and others.{{cite web|url=http://www.axiscapital.com/en-us/reinsurance|title=AXIS Re - Reinsurance Solutions - AXIS Capital|publisher=}}
History
AXIS Capital Holdings Limited was founded in Pembroke, Bermuda in 2001.{{cite web|url=https://finance.yahoo.com/q/pr?s=AXS|title=AXS Profile - Axis Capital Holdings Limited C Stock - Yahoo! Finance|publisher=}}
In February 2004, the company formed a healthcare unit providing professional liability insurance.
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.[https://web.archive.org/web/20150601062312/http://www.reuters.com/article/2015/06/01/us-partnerre-m-a-axis-idUSKBN0OH1DK20150601 Reuters] PartnerRe and Axis launch deal charm offensive, Reuters, 1 June 2015
In 2017 AXIS Capital has completed its acquisition of Novae Group P.L.C and Aviabel S.A.{{cite web| url=https://www.businesswire.com/news/home/20170925006571/en/AXIS-Capital-Acquire-Shares-Novae-Group-PLC|title=AXIS Capital to Acquire Shares of Novae Group PLC Following Consent of European Commission |publisher=Business Wire |date=September 26, 2017}}
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.{{Cite web|url=https://www.insurancebusinessmag.com/us/news/breaking-news/axis-chairman-and-cofounder-retires-after-fivedecade-career-215109.aspx|title=AXIS chairman and co-founder retires after five-decade career|last=Adriano|first=Lyle|website=Insurance Business|language=en|access-date=2020-02-28}}
In May 2023, Vincent Tizzio was appointed President and CEO of AXIS,{{Cite web|title=AXIS Board of Directors|url=https://www.axiscapital.com/who-we-are/board-of-directors|website=axiscapital.com}} succeeding Albert Benchimol.{{Cite web|last=Souter|first=Gavin|title=Tizzion to succeed Benchimol as Axis CEO|url=https://www.businessinsurance.com/article/20221220/NEWS06/912354422/Vincent-Tizzio-to-succeed-Albert-Benchimol-as-Axis-CEO|date=20 December 2022|website=businessinsurance.com}}
Offices
AXIS Capital has office locations in Bermuda, the United States, Europe, Singapore and Canada.{{Cite web|title=Locations|url=https://www.axiscapital.com/who-we-are/locations|website=axiscapital.com}}
Managers
References
{{reflist}}
External links
- {{official website| http://www.axiscapital.com}}
{{Authority control}}
{{ICISA members}}
Category:Financial services companies established in 2001
Category:Companies listed on the New York Stock Exchange
Category:Holding companies of Bermuda
Category:Insurance companies of Bermuda
Category:Holding companies established in 2001
Category:2001 establishments in Antigua and Barbuda
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