Axis Capital
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.
Novae and Axis boards give acquisition the green light
The boards of Novae and Axis have agreed the terms of sale that will see the Bermuda-based reinsurer take over the Lloyd’s carrier.
Novae makes £14m loss before tax in H1
In its first set of results since being acquired by Axis, Novae has revealed that its combined operating ratio deteriorated 5.9% over the past year, from 95.7% to 101.6% in H1 2017.
Axis receives regulatory nod for managing agency
Axis Capital Holdings has received final approval from the UK’s regulators and Lloyd’s to launch its own Lloyd’s managing agent.
Axis to buy Novae for £468m
Axis Capital has made an offer to buy Lloyd’s insurer Novae for £467.6m.
Media, technology and cyber MGA Nirvana launches
Former Axis Capital London media and technology manager Rob Jones has launched a managing general agent targeting media, technology and cyber liability risks.
Axis to take £41m Ogden rate hit
Specialty insurer and reinsurer Axis Capital will take a £41m hit from the reduction in the Ogden discount rate.
Axis appoints Brown to lead London PL and MGA growth
Axis has appointed Julian Brown to lead its London market professional lines managing general agency growth.