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AXIS Capital Holdings Limited
AXIS Capital Holdings Limited is a Bermuda-based specialty insurer writing $5.6B in gross premiums in 2023, led by CEO Vincent C. Tizzio.
AXIS Capital Holdings Limited
AXIS Capital Holdings Limited was founded in 2001 in Bermuda, emerging as part of the post-9/11 wave of specialty insurers. The firm was established by a group of investors including Michael Butt, who served as its first CEO. Its wealth origin traces to public equity markets, as AXIS is publicly traded on the New York Stock Exchange under the ticker AXS. AXIS deploys capital across property, casualty, and specialty insurance and reinsurance lines. The firm underwrites risks including marine, energy, aviation, cyber, and professional liability. It operates through two segments: Insurance and Reinsurance, with a geographic footprint spanning Bermuda, the United States, the United Kingdom, Canada, Switzerland, Singapore, and Australia. Notable portfolio moves include the 2023 appointment of Tizzio as CEO, succeeding John Schramm, and the 2022 acquisition of the Novae Group, which expanded its Lloyd's platform. The firm reported $5.6B in gross premiums written in 2023 (per its 2023 Annual Report), with $15.1B in total assets as of December 2023. It employs approximately 2,200 professionals. AXIS maintains a separate philanthropic arm, the AXIS Capital Foundation, which focuses on education and community resilience. AXIS Capital is structurally distinct as a publicly traded specialized insurer, not a private family office or asset manager. Its governance includes a board of directors elected by shareholders, and its investment portfolio is managed internally alongside underwriting operations. This public structure provides transparency through quarterly earnings disclosures and regulatory filings.
General information
Firm type
Insurance
Year founded
2001
AUM
Undisclosed
Location
Region
North America
Country
Bermuda
City
Pembroke
Corporate office
Pembroke, Bermuda
Additional offices
New York, United States · London, United Kingdom · Zurich, Switzerland · Singapore, Singapore
Principals
John R. Schramm
CEO
Vincent C. Tizzio
President and CEO (as of 2023)
Stephen J. G. Dove
Chief Financial Officer
Sector focus
Frequently asked questions
Who runs investment decisions at AXIS Capital?
Investment decisions are managed internally by AXIS Capital's treasury and investment team, led by the Chief Financial Officer, Stephen J. G. Dove, as disclosed in Securities and Exchange Commission filings. The firm allocates a portion of its investment portfolio to fixed income and equities, separate from its underwriting operations.
How does AXIS Capital generate its revenue?
AXIS Capital generates revenue through underwriting premiums and investment income on its portfolio. In 2023, gross premiums written were $5.6B, per the firm's annual report (per AXIS Capital 2023 Annual Report).
Is AXIS Capital a family office or an insurance company?
AXIS Capital is a publicly traded specialty insurance and reinsurance company, not a family office. It is listed on the NYSE under ticker AXS and has a traditional corporate governance structure with a board of directors elected by shareholders.
What are the key insurance lines AXIS Capital underwrites?
AXIS Capital underwrites property, casualty, and specialty insurance lines, including marine, energy, aviation, cyber, professional liability, and reinsurance. It operates through two segments: Insurance and Reinsurance (per the firm's filings).
Does AXIS Capital operate in multiple geographies?
Yes, AXIS Capital operates globally with offices in Bermuda, the United States, the United Kingdom, Canada, Switzerland, Singapore, and Australia. This geographic diversification provides access to varied risk pools and regulatory environments.
What is the relationship between AXIS Capital and the Novae Group?
AXIS Capital acquired the Novae Group in 2022, a Lloyd's market underwriter, to strengthen its specialty insurance capabilities, particularly in London (per Reuters, 2022). The integration expanded AXIS's presence at Lloyd's.
Does AXIS Capital have any philanthropic programs?
Yes, AXIS Capital operates the AXIS Capital Foundation, a charitable organization focused on education and community resilience. The foundation does not directly manage the firm's investment capital but is funded separately by the corporation.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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