AXIS Capital Holdings Limited (“AXIS Capital” or “the Company”)
(NYSE:AXS) announced today the appointment of David Phillips as
Executive Vice President and Chief Investment Officer, effective April
17, 2014. Mr. Phillips will report to Albert Benchimol, President & CEO.
Mr. Phillips has more than 18 years experience in investments. Most
recently, he was the Head of Investments for PartnerRe. Prior to
PartnerRe, Mr. Phillips was the Director of Research and a Portfolio
Manager at Oppenheimer Capital, an institutional money manager based in
New York City.
A CFA, Mr. Phillips received an MBA from the Wharton School of the
University of Pennsylvania and a BA from Princeton University.
Albert Benchimol, CEO of AXIS commented, “I am excited to announce the
addition of David to our leadership team. I'm confident that his broad
experience, expertise and proven track record in insurance company
investment management will prove a valuable asset to the ongoing
development of our portfolio. I was fortunate to work with David in the
past and look forward to the great contributions I know he will make to
our work at AXIS.”
About AXIS Capital
AXIS Capital is a Bermuda-based global provider of specialty lines
insurance and treaty reinsurance with total shareholders’ equity
attributable to AXIS Capital at December 31, 2013 of $5.8 billion and
locations in Bermuda, the United States, Europe, Singapore, Canada,
Australia and Latin America. Its operating subsidiaries have been
assigned a rating of “A+” (“Strong”) by Standard & Poor’s and “A+”
(“Superior”) by A.M. Best. AXIS Capital and AXIS Specialty Finance LLC
have been assigned senior unsecured debt ratings of A- (stable) by
Standard & Poor’s and Baa1 (stable) by Moody’s Investors Service. For
more information about AXIS Capital, visit our website at www.axiscapital.com.
Copyright Business Wire 2014