PEMBROKE, Bermuda--(BUSINESS WIRE)--AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE:AXS) today announced the unveiling of the “AXIS Re Actuarial Scholarship” in partnership with Renmin University. The scholarship fund will provide financial assistance to actuarial students in the School of Statistics at Renmin University to help further develop their actuarial science skills and acumen and to promote professional training in actuarial sciences in the Asia Pacific region.
At a recently held ceremony at Renmin University, AXIS Re Asia Pacific Deputy Chief Underwriting Officer Les Loh and Vice President Tony Gu presented scholarships to five actuarial science students.
Commenting on the “AXIS Re Actuarial Scholarship,” Mr. Gu said, “We are proud to partner with Renmin University to provide scholarships to some of its most talented and deserving actuarial science students. These scholarships reflect our company’s commitment to helping to engage and cultivate the next generation of insurance and reinsurance professionals.”
Richard Milner, President and Chief Underwriting Officer, AXIS Re Asia Pacific, added: “The actuarial sciences play a vital role within the insurance industry by enabling more advanced and accurate business analysis, risk modeling and, ultimately, decision making by underwriters. We look forward to continuing to work with Renmin University, as well as our other partners in the Asia Pacific region and throughout the world, to support the educational needs and advance the professional development of students who wish to pursue a career in insurance.”
The AXIS Re Actuarial Scholarship is representative of the Company’s global commitment to developing the next generation of insurance professionals. Recently, AXIS Re held a “Future of Insurance” student hackathon in partnership with the University of Illinois Office of Risk Management and Insurance Research to help students explore how technology impacts insurance. Additionally, AXIS Re Asia Pacific also sponsors the annual Casualty Actuarial Society (CAS) Actuarial Scholarship in the region, as well as related actuarial seminars throughout the year.
Renmin University is a public research university located in the Haidian District of Beijing, China, and is affiliated with several renowned universities around the world, including Columbia, Princeton and King’s College London. Its post-graduate actuarial science and risk management degree is considered among the highest-rated insurance-focused academic programs in China.
About AXIS Capital
AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance with shareholders’ equity at December 31, 2016 of $6.3 billion and locations in Bermuda, the United States, Europe, Singapore, Middle East, Canada 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. Please be sure to follow AXIS Capital on LinkedIn.
About AXIS Re
AXIS Re — a business segment of AXIS Capital Holdings Limited (NYSE:AXS) — provides reinsurance to insurance companies on a worldwide basis, comprising catastrophe, property, professional lines, credit and surety, motor, general liability, engineering, marine, workers’ compensation and agriculture, as well as other highly specialized risk transfer solutions. For more information about AXIS Re, please visit www.axiscapital.com/en-us/reinsurance.