Axis Capital
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Axis posted operating earnings of $83mn in Q1, compared to an operating loss of $164mn in the same period last year. -
The carrier says it expects winter storms Uri and Viola to account for between $80mn and $90mn of claims absorbed during the period.
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Market heavyweights gave their views on subjects including loss costs, M&A, InsurTech and pricing.
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Sutts was previously a regional vice president at Chubb.
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Jeff Bayer and Alex White join the Bermudian as senior underwriters from HSB and Allied World, respectively.
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The insurance coverage aims pay for the costs of a vessel being put out of service by cyber attacks.
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Tucker previously worked for Axa XL, and AmTrust and Flagstone Re before that.
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Chavers arrives to lead a push into the growing home-working sector.
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Michelle Glass was most recently SVP and casualty team lead at the German reinsurer.
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Climate change risk is not yet being properly reflected in pricing, the company chief warned.
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The focus is on progress on underlying loss ratio gains, managing cat exposures and curbing expenses.
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Inside P&C’s research team examines some of the areas that will be closely watched during the results season.
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Q1 earnings roundup April 30: Everest, Markel, Axis and more
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