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AXIS Announces INSEAD Donation to Create Michael A. Bat Fund for Business and Society

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Bermuda, Pembroke-(Business wire-AXIS Capital Holdings Limited (“AXIS Capital”) today announces a $ 250,000 donation to INSEAD, a global business school, to create a research fund on behalf of OBE’s former AXIS President Michael Butt. Did. The Michael A. Butt Fund for Business & Society by AXIS Capital supports the activities of the Hoffmann Global Institute for Business and Society.

“Michael is one of the true pioneers of the (re) insurance industry, and his influence goes far beyond his many professional achievements. Michael is an inspiring leader and he Throughout his career, he has guided and empowered countless professionals, “said Albert Benchmol, President and Chief Executive Officer of AXIS Capital. “Michael has leveraged its industry leadership influence to advocate insurance that will play a major role in creating a more sustainable world. With this donation, our purpose is based on Michael’s legacy. To build and enable a new generation of (re) insurance professionals to make a positive impact. ”

The Hoffman Global Business and Society Institute is at the forefront of aligning INSEAD with the United Nations Sustainable Development Goals and aims to make INSEAD a sustainable school. To achieve this, the Institute supports business and social research and works with future leaders, the global alumni community, and external partners.

Ilian Mihov, INSEAD’s Dean and Professor of Economics, said: future. Thanks for the extraordinary support of AXIS and Michael Butt. This can accelerate INSEAD’s ambition to develop its business as a force of good. ”

Mr. Bat holds an MBA from INSEAD in Fontainebleau, France and was a member of the INSEAD Board of Directors in Fontainebleau, France from 1982 to 2010. He also chaired the INSEAD International Council from 1988 to 1991, chaired the Development Capital Campaign from 2002 to 2009, and later became a member of the Advisory Board. Mr. Bat retired as Chairman of the Board of Directors of AXIS in 2020.

About AXIS Capital

AXIS Capital is a global provider of specialty line insurance and treaty reinsurance based in Bermuda, the United States, Europe, Singapore and Canada with a shareholders’ equity of $ 5.1 billion as of March 31, 2022 through its operating subsidiaries. .. Its operating subsidiaries are rated “A +” (“Strong”) by Standard & Poor’s and “A” (“Excellent”) by AM Best. For more information on AXIS Capital, please visit our website at www.axiscapital.com.

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About INSEAD, a business school in the world

As one of the world’s largest graduate business schools, INSEAD brings together people, culture and ideas to develop responsible leaders who transform business and society. Our research, education and partnerships reflect this global perspective and cultural diversity.

INSEAD’s business education and research is located in Europe (France), Asia (Singapore), the Middle East (Abu Dhabi), and now North America (San Francisco), spanning four regions. 166 well-known faculty members from 41 countries attend more than 1,500 degree degrees each year in the Master of Business Administration, MBA, Global Executive MBA, Professional Master’s Degree (Executive Master of Finance and Executive Master of Change) and PhD programs. Is inspiring. In addition, more than 11,000 executives participate in the INSEAD Executive Education Program each year.

INSEAD continues to carry out cutting-edge research and innovate in all programs. We provide business leaders with the knowledge and awareness to run anywhere. Our core values ​​promote academic excellence and contribute to the global community as a global business school. Please visit our website www.insead.edu.