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2021 YEAR IN REVIEW

2021 Annual Report

card-bg-annual-report-2021

NEWS & MEDIA

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Financial strength of AXIS Capital Holdings Limited

2021 YE (USD)
$ 6.7B*
Total Capital
$ 27.4B
Total Assets

A+

Rating
S&P

A

Rating
A.M. Best
*Total capital represents the sum of total shareholders’ equity and debt

Ratings of insurance and reinsurance subsidiaries of AXIS Capital Holdings Limited

 

Ann Haugh

CEO, AXIS Re

Ann Haugh is Chief Executive Officer of AXIS Re. Prior to that, she held leadership roles in the organization that included President, Global Property and President, Global Markets for AXIS Re. Ms. Haugh joined AXIS from Thomas Miller where she served as Group COO. Before that, she held the role of President International Insurance and Global Insurance COO at Aspen Insurance Group and was a member of the Executive Committee. Previously, Ms. Haugh served 6 years at Zurich Insurance where she joined as COO, Global Corporate in North America then globally (2007-2011) followed by CEO Global Corporate UK (2011 – 2012) rising to Group Chief of Staff (2012-2013). Throughout her 30 year career, Ms. Haugh has held a variety of underwriting leadership roles and has been passionate about developing the next generation of talent by building underwriter training programs and leading sponsorship and mentoring initiatives. She is equally committed to supporting DEI initiatives, and sits as an Advisory Board Member for the Insider Progress. She was a past recipient of the Business Insurance Woman to Watch award, included in the 2022 50 Over Fifty recognizing women in the U.K. insurance market, and is a member of the APIW (Association of Professional Insurance Women), the ISC (Insurance Supper Club), Inclusion@Lloyd’s, and the CII.

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Jason Busti

President North America, AXIS Re

Jason Busti joined AXIS Re in August 2019 as President of North America. In this role, Mr. Busti is a member of the Reinsurance Executive Team and oversees AXIS Re’s North America treaty reinsurance business, which includes the U.S. and Canadian Markets. Prior to joining AXIS Re, Mr. Busti spent 22 years at Swiss Re in a variety of roles from underwriting to sales management. Before joining AXIS Re, he had served as Managing Director and Client Executive, responsible for Swiss Re’s U.S. Global business.

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Andy Hottinger

President, International

Andy Hottinger is President International at AXIS Re. Based out of the company's Zurich office, Andy joined AXIS in 2008 as an Engineering Underwriter. He has held a number of underwriting managerial roles within AXIS Re, most recently serving as Head of Property EMEA and, prior to that, Head of Engineering and Property Risk. Prior to AXIS, Andy was an Engineering Underwriter at Scor and Converium. He began his career as a mechanical engineer.

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Katie Partington Howarth

Chief Underwriting Officer

Katie joins AXIS Re with 20 years of experience in the (re)insurance industry. Most recently she was Group Head of Ceded Reinsurance at Argo, responsible for strategy and implementation of the company’s treaty reinsurance and retrocessional purchases worldwide. Prior to that, she was Head of Underwriting Risk for Ariel Re, having served in a succession of senior roles at the company since its formation in 2005. Katie joined Ariel Re from Benfield Ltd., where she spent four years as a catastrophe risk analyst and broker. She began her reinsurance career at E.W. Blanch in London.

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Michael Silas

Head of Global Credit, AXIS Re

Based in London, Michael Silas is Head of Global Credit for AXIS Re. Prior to his current role, Mr. Silas served as an Executive Vice President and Head of Capital Risk Solutions for AXIS Insurance from 2017 until 2022. Mr. Silas led the Company’s proposition for commercial banks, multilateral agencies, and export credit agencies, with a focus on loan non-payment coverage of project finance, aircraft finance and structured credit. Mr. Silas previously served as Senior Vice President, Credit and Political Risk – a role he rose to in 2012, after joining the Company as a Credit and Political Risk Underwriter in 2007. Prior to AXIS, Mr. Silas spent 13 years with Willis Towers Watson in New York, Singapore, London and Amsterdam, rising to Senior Vice President, specializing in Credit and Political Risk brokering for financial institutions. Mr. Silas holds a AB degree from Princeton University.

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AXIS Re By The Numbers

2021 YE
Earth Location
  • 17OFFICES
  • 238EMPLOYEES
  • 25NATIONALITIES
  • 244countries and territories with exposure
  • 900+client relationships