Axis Capital
-
Carey Prewitt, Quinn McAleenan, Bryan Paterson and Naomi Wiggins have joined the business.
-
Across the P&C market, share prices outstripped the 1.16% uptick in the S&P 500 index and the 2.28% rise in S&P 500 financials.
-
Condell was previously director of underwriting for Markel’s programs division and has held roles at Travelers, AIG and Liberty Mutual.
-
The appointments include three lead underwriters, drawn from Chubb, AIG and Axa XL.
-
The appointments rebuild a team hit with departures in September.
-
Lydia LaSalata and Matthew Trinkle have joined the reinsurance business.
-
Axis, RenRe, Arch and Everest Re trade roughly in line with the S&P 500. -
The former GL leader takes up a New York and Connecticut role.
-
The underwriters join from Gallagher, Chubb and Starr as Axis experiences increased product demand.
-
The appointments follow the recruitment of a trio of cyber underwriters in July.
-
The PE firm, whose founder sits on the Bermudian’s board, began building the stake in March.
-
Axis Capital and Argo Group shares jumped nearly 5%, while shares in Arch, Travelers and Alleghany were all up more than 3%.
Related
-
MSIG USA appoints Axis’s Ziegler as CFO
May 20, 2025 -
Q1 earnings roundup April 30: Everest, Markel, Axis and more
April 30, 2025