Charman decries Benchimol for ‘crass incompetence’ after abortive Axis Re sale
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Charman decries Benchimol for ‘crass incompetence’ after abortive Axis Re sale

Adam McNestrie
May 16, 2022
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Axis Capital founder John Charman has excoriated current CEO Albert Benchimol and the board for mismanagement of the company after the Bermudian firm briefly explored, then abandoned, a sale of its reinsurance arm.

Charman, still a major Axis shareholder directly and through family trusts, told Inside P&C that Benchimol and the board had showed “crass incompetence” around the abortive sale.

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Adam McNestrie
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