Andrew Kligerman

Andrew Andersen

Brian Meredith

Charles Lederer

Elyse Greenspan

Hristian Getsov

Joshua Shanker

Meyer Shields

Charlie Lederer

Dean Criscitiello

Josh Shanker

Yaron Kinar

- **Matthew Kirk** will succeed Pete Vogt as CFO, starting in November, with Vogt remaining CFO through **2025** and serving as an advisor in **2026**, indicating an **orderly succession plan**.  **[1214816_tx_380172_0]** 
- AXIS has **withdrawn from property catastrophe reinsurance** and increased risk retention in its insurance business, leading to **reduced earnings volatility** and **higher operating leverage**.  **[1214816_tx_380172_9]**  This shift allows for potentially **more risk in the investment portfolio**, which has already seen an increase in risk assets from **14% to 17-18%**.  **[1214816_tx_380172_9]** **[1214816_tx_380172_10]** 
- The company is driving growth through **new and expanded initiatives** (contributing **$250 million** premium in **Q2 2025** to the insurance group)  **[1214816_tx_380172_1]** , a focus on the **underserved small and middle market**  **[1214816_tx_380172_3]** , and a reconstituted MGA strategy (MGAs contribute **14%** of North American insurance business).  **[1214816_tx_380172_4]** 
- AXIS maintains a **cautious liability reinsurance appetite** through **2025**  **[1214816_tx_380172_10]**  and is investing in **data and analytics** and **AI** to enhance underwriting decisions, improve cycle times, and drive **expense rationalization** and **better growth**.  **[1214816_tx_380172_8]**

AXIS Capital Holdings Discusses Strategic Repositioning, Growth Initiatives, and CFO Succession

AXIS CAPITAL HOLDINGS (AXS)