Working with ILS capital as a major re/insurer - AXIS Capital - Artemis ILS NYC 2022 interview

Episode 89,   Feb 18, 2022, 12:33 PM

Executives from AXIS Capital joined us to discuss the companies use of third-party reinsurance capital and insurance-linked securities (ILS) structures, telling us that alignment of interest and a partnership approach are key.

For this one of our sponsor showcase video interviews, for the upcoming Artemis ILS NYC 2022 conference (held April 22nd in New York City), we welcomed senior executives from major global re/insurer AXIS Capital, one of our Gold sponsors for the conference.

Joining us were: Ann Haugh, President of Global Property, Reinsurance; Katie Partington, Chief Underwriting Officer, Reinsurance; and Chris Caponigro, Global Head of AXIS ILS.

As ever, we’re looking at the development of the insurance-linked securities (ILS) market with one eye to the future, as is the way with Artemis’ ILS events. You can register for the event online here: https://www.artemis.bm/ils-nyc-2022/ 

We discussed how AXIS Capital has been utilising third-party capital and partnering with investors within its underwriting operations and what the executives foresee for the future use of ILS at the company. 

AXIS Capital has been leveraging third-party capital within its underwriting business for more than a decade, and the unit dealing with this was rebranded AXIS ILS last year and has been staffing up ever since, suggesting a growing focus. 

The company is open to partnering with insurance-linked securities (ILS) investors on a wide-range of risks and believes all of its portfolios of insurance and reinsurance risk have the potential to be attractive to investors.