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Axis Capital Holdings appoints 2 new directors
By: The Associated Press | 13 Jul 2009 | 07:59 PM ET
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Insurer Axis Capital Holdings Ltd. said Monday it named independent directors Thomas C. Ramey and Wilhelm Zeller to its board.

Ramey was chairman and president of Liberty International, a subsidiary of Liberty Mutual Group, from 1997 to 2009. Before that he was president and CEO of American International Healthcare, a subsidiary of insurer AIG.

Zeller was chairman of the executive board of Hannover Re from 1996 until retiring on June 30. Before that he was a member of the executive board of Cologne Re from 1977 through 1995.

Both are Class II directors, the Bermuda-based company said.

Axis shares closed earlier up 91 cents, or 3.5 percent, at $26.90.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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