AXIS News

People Moves: RT Specialty Promotes Mitchell to President of Workers’ Comp Practice; Wu Joins Axis as Head of N.A. Specialty Markets Distribution

RT Specialty Promotes Mitchell to President of Workers’ Compensation Practice RT Specialty promoted Jim Mitchell to national workers’ compensation practice president. Mitchell has been with RT Specialty since 2020, joining with the acquisition of All Risks, Ltd., where he was …

People Moves: Canopius Taps Former AXA XL Exec Cooper as Head of Reinsurance & Bermuda CEO; AXIS Re International Appoints Chubb’s Kent as President

This edition of International People Moves details appointments at Canopius and AXIS Capital Holdings. A summary of these new hires follows here. Canopius Taps Former AXA XL Exec Cooper as Head of Reinsurance & Bermuda CEO Canopius Group, a leading …

People Moves: AXIS Appoints Gregory Head of Global Markets, McKenna Head of North America

AXIS Capital Holdings Limited announced the following appointments within its specialty insurance business: Mark Gregory as head of global markets and Michael J. McKenna as head of North America. The newly created leadership positions will report directly to Vince Tizzio, …

People Moves: AXIS Appoints Watt as Claims Officer Officer; Security Mutual Hires Cavanaugh as Commerical Lines Underwriter

AXIS Appoints Watt as Chief Claims Officer AXIS Capital Holdings Limited has hired Megan Watt as chief claims officer, effective April 17. Watt will be responsible for the overall management and direction of the claims department across the company’s global …

AXIS Capital Commits to Greenhouse Gas Reduction Goals

AXIS Capital Holdings Ltd. announced its commitment to a 50% absolute reduction of Scope 1 and 2 greenhouse gas (GHG) emissions by 2030 across its global operations. The action is the company’s latest step in its ambition to transition to …

AXIS CEO Benchimol to Retire; Tizzio to Succeed

AXIS Capital Holdings announced that Albert A. Benchimol will step down from his role as president and chief executive officer on May 4, 2023. He will continue with AXIS as a strategic advisor and retire at the end of 2023. …

RiverStone Enters Loss Portfolio Transfer Reinsurance Agreement With AXIS Capital

RiverStone International, the Bermuda-based acquirer and reinsurer of legacy and discontinued insurance business, announced it has entered into loss portfolio transfer (LPT) reinsurance agreements with affiliates of AXIS Capital Holdings Ltd. The LPT agreements cover several of its professional lines …

People Moves: Chubb Global Mkts Promotes O’Brien to Head of Cargo; AXIS Promotes Maher to Head of Cyber and Technology, London

Chubb Global Mkts Promotes O’Brien to Head of Cargo Chubb announced the appointment of Alex O’Brien as head of Cargo for Chubb Global Markets (CGM), the company’s London Market wholesale and specialty business including its Lloyd’s platform. In his new …

Markets/Coverages: AXIS Cyber and Liability Policy for SMBs; Moody’s ESG Underwriting Solution; CyberCube, AkinovA Partner on Cyber Analysis

AXIS Launches Streamlined Cyber and Liability Policy for Small and Mid-Sized Businesses AXIS Capital Holdings Limited said it launched an insurance policy that offers custom-built cyber and specialist liability coverage for companies with up to $2 billion in revenue. The …

‘It’s Not Been Fun’: Cyber Insurance Brokers Seek Consistency as Hard Market Settles

Alexandra Bretschneider said it feels like she has been a part-time grim reaper the last two years. The cyber practice leader at broker Johnson, Kendall & Johnson said, “I am just constantly delivering bad news.” Providing a perspective of the …