AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE:AXS) today
announced that AXIS Accident & Health has acquired Ternian Insurance
Group LLC, a leading provider of voluntary, limited benefit, affordable
health plans and other employee benefits coverage for hourly and
part-time workers and their families.
Through the acquisition, AXIS Accident & Health secures market-leading
capabilities in the voluntary group limited benefits marketplace.
Ternian products are currently used by customers ranging in size from
those employing 100 eligible workers to Fortune 500 businesses.
About AXIS Accident & Health
AXIS Accident & Health, headquartered in Princeton, NJ, delivers
worldwide accident, specialty health and travel-related insurance and
reinsurance solutions through leading product, underwriting and claims
specialists across the globe with decades of focused experience. For
more information about AXIS Accident & Health, please visit http://www.axiscapital.com/en-us/accident-health
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, 2014 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. For more information about AXIS Capital,
visit our website at www.axiscapital.com.
Copyright Business Wire 2015