Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Axis Ex-Chairman to Receive $36 Million Payoff, Times Reports

Don't Miss Out —
Follow us on:

July 22 (Bloomberg) -- John Charman, ousted as chairman of reinsurer Axis Capital Holdings Ltd. last month, will receive a $36 million payoff, the Sunday Times reported, citing filings with the Securities & Exchange Commission.

Charman will get $13.9 million in place of pension payments as well as shares worth $22 million, the newspaper said. He also owns a $78.8 million stake in Axis, which he set up in 2001, according to Sunday Times.

To contact the reporter on this story: John Glover in London at johnglover@bloomberg.net

To contact the editor responsible for this story: Paul Armstrong at parmstrong10@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.