AXIS has announced the appointment of Emilia Siravo as the head of ceded reinsurance – North America. In this role, Siravo will oversee the company’s North America Ceded Re strategy and execution, contributing to the development and optimization of AXIS’ gross and net portfolio. She will be based in New York City.
Siravo brings extensive industry experience to AXIS. Prior to joining the company, she spent over six years at Swiss Re, where she most recently held the position of head of IGR process and management. Earlier in her tenure at Swiss Re, she served as a transfer pricing manager and as a senior underwriter.
Her professional background also includes a tenure at Guy Carpenter, where she worked as a catastrophe modeler, specializing in risk assessment and modeling techniques.
Siravo holds a Bachelor of Science in Management and Finance from The Wharton School and a Master’s degree in MATESOL from The New School, where she graduated with academic distinction. Additionally, she completed the Transfer Pricing Executive Program at the University of Lausanne.
She has earned multiple professional certifications, including the Associate in Reinsurance (ARe) designation from the American Reinsurance Association and the Chartered Property Casualty Underwriter (CPCU) designation.
AXIS Strengthens Casualty Practice and Reports Strong Financial Performance
In a separate development, AXIS Capital has strengthened its casualty practice by promoting Steve Cucciniello to head of its primary casualty division. Cucciniello, who joined AXIS in 2014, brings over three decades of industry experience to his new role.
The company also reported significant financial growth, with net income available to common shareholders reaching $1.1 billion for the year ended December 31. This marks a threefold increase from the previous year’s $346 million. Earnings per diluted common share rose to $12.35, up from $4.02 in 2023.
Additionally, AXIS reported an operating income of $952 million, or $11.18 per diluted common share, compared to $486 million, or $5.65 per diluted common share, in the previous year.
These developments underscore AXIS’ commitment to strengthening its leadership team and reinforcing its market position through strategic appointments and financial growth.
