Axis Capital Holdings Limited · NYSE:AXS
Axis Capital — Bank of America Merrill Lynch 2014 Insurance Conference
8 slides from Axis Capital's conference presentation, Feb 12, 2014
Slide 1: AXIS Capital
Exhibit 99.1 AXIS Capital Bank of America Merrill Lynch 2014 Insurance Conference, New York, NY Albert Benchimol, President & CEO February 12, 2014
Slide 2: Safe Harbor Statement
Safe Harbor Statement Statements in this presentation that are not historical facts, including statements regarding our estimates, beliefs, expectations, intentions, strategies or projections, may be “forward-looking statements” within the meaning of the U.S. federal securities laws, including the P
Slide 3: Hybrid (Re)insurer with Strategic Flexibility
Hybrid (Re)insurer with Strategic Flexibility ($ in Billions) 2002-2013 Aggregate Consolidated AXIS Gross Premiums Written ‘02-’13 GPW $40.6 44% ‘02-’13 Underwriting Income $4.1 56% ‘02-’13 Aggregate Combined Ratio 89% (1) AXIS Insurance AXIS Re ‘02-’13 GPW $22.8 ‘02-’13 GPW $17.8 ‘02-’13 Underwriti
Slide 4: Delivered Excellent Shareholder Value Creation
Delivered Excellent Shareholder Value Creation $60.00 $53.68 $49.83 $50.00 $7.88 2002 – 2013 CAGR = 13.1% $6.86 $44.33 $43.97 $4.96 $5.89 $40.00 $37.75 $4.10 $31.33 $29.08 $30.00 $2.535 $25.31 $3.29 $1.855 $19.93 $19.58 $45.80 $20.00 $42.97 $16.88 $39.37 $38.08 $0.64 $1.24 $33.65 $13.90 $0.14 $28.79
Slide 5: Strategic Initiatives to Achieve Goals
Strategic Initiatives to Achieve Goals Invest in our people and culture • Underwriting talent which delivered top-tier underwriting results since inception doing the same • Successfully attracting and adding new top-tier underwriting talent Deliver diversified growth • Bring specialist underwriting
Slide 6: 2013 Progress on Strategic Initiatives
2013 Progress on Strategic Initiatives • GPW growth of 13%, including significant contribution from new, diversifying initiatives o Accident and Health unit o Global agriculture reinsurance line • New, diversifying initiatives in early stages o Lloyd’s presence o Re-entry into U.S. primary casualty
Slide 7: Environment Continues to Support Good Margins
Environment Continues to Support Good Margins AXIS Insurance Current Business Mix Rate Change Index 150 Marine & Energy Lines, 143 140 130 Property Lines, 120 120 110 AXIS Insurance Total, 103 100 Casualty Lines, 97 90 80 Professional lines, 85 70 60 Aviation & Terrorism, 51 50 40 30 2004 2005 2006
Slide 8: Question & Answer Session
Question & Answer Session
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