AXIS Capital Holdings Limited (AXIS Capital) has appointed Chris Caponigro as Global Head of AXIS ILS and rebranded its third party capital unit as AXIS ILS.
AXIS Capital Holdings Limited (AXIS Capital) has appointed Chris Caponigro as Global Head of AXIS ILS and rebranded its third party capital unit as AXIS ILS.
Caponigro will oversee the Company’s activities related to third party capital under management, supporting efforts across its Reinsurance and Insurance segments. He will report to AXIS Re CEO Steve Arora and will be based out of the Company’s New York and New Jersey offices.
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“Chris brings a unique mix of deep ILS and investor experience, combined with a technical background in underwriting, and strong interpersonal and leadership skills. Our team and our investors will benefit significantly from the expertise, perspective and partnership that Chris brings,” says Arora. “In recent years, we’ve elevated AXIS as a player in the ILS space. The addition of Chris to our team, combined with our rebranding of the business, demonstrates our commitment to investors and the priority that we are placing on growing our ILS business.”
“I’m excited to join AXIS, a leading underwriter and portfolio manager. I am impressed by the Company’s ability to customise portfolios for partners and its strong emphasis on service and responsiveness,” says Caponigro. “AXIS has a terrific platform and I believe there is significant potential to further grow the business while leveraging our ability to provide investors with broad access to the global specialty insurance and reinsurance markets.”
