Axis Capital
Analysis: Business interruption late payment claims a 'live issue'
Insurers could still face claims for damages relating to the late payment of Covid-19 business interruption claims under an as yet untested part of the law, according to lawyers.
Analysis: Tackling the Covid-19 business interruption surge
Insurers have paid out final settlements or interim payments on more than 20,000 business interruption claims related to the Supreme Court's January verdict, with Financial Conduct Authority figures and broker testimony suggesting that payout processing…
Lord Mayor of London ‘confident’ insurance can do its bit to tackle climate change challenge
Lord Mayor of London William Russell has said he is "more than confident" that the insurance industry can build on the work it is already doing to help tackle climate change.
Seventh annual Dive In festival to call out performative allyship
The insurance industry’s annual diversity and inclusion festival, Dive In, will be held in September and will combine virtual and physical events, it has been confirmed.
Analysis: The class of 2020 emerges
The emergence of a cluster of start up and scale up carriers, or a class of 2020, caught analysts by surprise despite the hardening market.
Drop all fossil fuels urges climate change campaign group
Insurers must stop 'protecting' the coal industry and start protecting society claimed a climate change group as it urged the sector to drop all fossil fuels.
Analysis: How are insurers responding to the rise of cryptocurrencies?
The use of cryptocurrencies continues to grow with investors increasingly regarding them as another asset class, while an increasing number of companies and countries now accept them as valid forms of currency
Machine learning insurtech raises £4.2m in seed investment round
London-based insurtech Artificial Labs has announced it has raised £4.2m in a seed round to scale up its team, product offering and geographic reach.
Tasker swoops on GRP for new COO
Tasker Insurance Group has named Graeme Lalley as chief operating officer for the Group.
Video: Pauline Miller (Lloyd's), Jason Groves (Marsh) and Matthew Fosh (Axis) on Dive In 2018 and #time4inclusion
Time for inclusion is the theme of the fourth edition of the Dive In festival, which will take place in late September to encourage diversity in the insurance industry.
Axis reports GWP boost despite underwriting loss
Axis Capital's insurance segment saw fourth quarter gross written premiums increase 47%, bolstered by the group’s acquisition of London market carrier Novae.
Axis establishes global analytics division
Global (re)insurer Axis has set-up a global underwriting and analytics division.
Axis faces $130m nat cat loss in fourth quarter
Axis Capital estimates it will take a $130m hit as a result of fourth quarter catastrophe and weather-related losses.
Axis to consolidate Lloyd’s business into Syndicate 1686
Axis Capital has initiated plans to consolidate its Lloyd’s business into Axis Syndicate 1686.
Axis promotes Nicole Lim to deputy chief underwriting officer, Singapore
Axis Insurance has promoted Nicole Lim to deputy chief underwriting officer, Singapore, with immediate effect.
Axis Capital’s reinsurance CEO to join Brit boards
Brit has chosen Axis Capital’s reinsurance CEO Jay Nichols to join the boards of Sussex Capital and Brit Re as non-executive director
Will the last of the Lloyd’s listed carriers be snapped up in the coming years?
The number of independent Lloyd’s listed carriers is dwindling. What will happen if the last players are swept up?
Steve Arora appointed as CEO of Axis Re
Axis Capital Holdings has appointed Steve Arora as CEO of Axis Re.
Novae adopts Axis brand as deal is completed
Axis has completed its acquisition of Novae, which will be merged into the Bermudan-insurers brand.
Axis unveils £468m Novae acquisition timeline
Axis has announced the timeline for its £468m acquisition of Novae.
Blog: Making cyber relevant
Neil Ross and Delvin Tillett, senior vice-president and assistant vice-president for underwriting at Axis Pro Europe, explain how insurers and underwriters can make cyber policies relevant in today's fast-moving business environment.
Novae shareholders give Axis deal the green light
Novae shareholders have overwhelmingly accepted a £477.6m takeover by Axis Capital with approximately 99.97% of shareholder votes cast in favour of the proposal.
Axis increases Novae takeover offer to 715p per share
Axis has improved its cash offer to acquire Novae to 715 pence per share valuing the Lloyd’s listed insurer at approximately £477.6m.
Analysis: Aviation insurers prove adaptable
Insurers are adapting to aviation's latest trends, despite low premiums.