Insurance
Axis Capital Holdings Executive Compensation (FY25)
AXS · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): May 18, 2026
277 figures on this page: 266 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Vincent Tizzio, President and Chief Executive Officer, received $9,642,025 in total compensation for fiscal 2025, and Tizzio's total moved 21.7% higher from the $7,921,826 reported for fiscal 2024. Meanwhile, the company reported a chief executive pay ratio of 55:1 for fiscal 2025, against median employee compensation of $176,886. Separately, for fiscal 2025, shareholders backed the say-on-pay proposal with 96.6% of votes cast for or against in favor at the meeting held May 14, 2026. The disclosed peer group names American Financial Group, Inc., American International Group Inc., Arch Capital Group Ltd., Beazley plc and Bowhead Specialty Underwriters, Inc., among others.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Vincent Tizzio: $7,921,826 → $9,642,025 (21.7% higher)
Say-on-pay support: 93.4% → 96.6% (3.2 points higher)
CEO pay ratio: 51:1 → 55:1 (7.8% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Axis Capital Holdings' chief executive and what were they paid?
Vincent Tizzio, President and Chief Executive Officer, received $9,642,025 in total compensation for fiscal 2025. Tizzio's total moved 21.7% higher from the $7,921,826 reported for fiscal 2024.
What was Axis Capital Holdings' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 96.6% of votes cast for or against in favor at the meeting held May 14, 2026.
Which companies are in Axis Capital Holdings' peer group?
The disclosed peer group names American Financial Group, Inc., American International Group Inc., Arch Capital Group Ltd., Beazley plc and Bowhead Specialty Underwriters, Inc., among others.
What is Axis Capital Holdings' chief executive pay ratio?
The company reported a chief executive pay ratio of 55:1 for fiscal 2025, against median employee compensation of $176,886.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Vincent Tizzio President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Peter Vogt Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
David Phillips Chief Investment Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Conrad Brooks Chief Administrative and Legal Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Daniel Draper Group Chief Underwriting Officer and Head of AXIS Re | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Vincent Tizzio President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Peter Vogt Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Conrad Brooks Chief Administrative and Legal Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
David Phillips Chief Investment Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Daniel Draper Chief Underwriting Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Vincent Tizzio President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Peter Vogt Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Daniel Draper Group Chief Underwriting Officer and Head of AXIS Re | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
David Phillips Chief Investment Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Conrad Brooks Chief Administrative and Legal Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Conrad Brooks | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Conrad Brooks | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Daniel Draper | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Daniel Draper | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| David Phillips | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| David Phillips | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Peter Vogt | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Peter Vogt | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Vincent Tizzio | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Vincent Tizzio | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Conrad Brooks | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Peter Vogt | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Daniel Draper | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| David Phillips | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Vincent Tizzio | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Axel Theis | ◇ | ◇ | — | — | — | — | ◇ |
Elanor Hardwick | ◇ | ◇ | — | — | — | — | ◇ |
W. Marston Becker Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Henry Smith | ◇ | ◇ | — | — | — | — | ◇ |
Lizabeth Zlatkus | ◇ | ◇ | — | — | — | — | ◇ |
Anne Melissa Dowling | ◇ | ◇ | — | — | — | — | ◇ |
Michael Millegan | ◇ | ◇ | — | — | — | — | ◇ |
Barbara Yastine | ◇ | ◇ | — | — | — | — | ◇ |
Charles Davis | — | ◇ | — | — | — | — | ◇ |
Stanley Galanski | ◇ | ◇ | — | — | — | — | ◇ |
Thomas Ramey | ◇ | ◇ | — | — | — | — | ◇ |
Vincent Tizzio served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- American Financial Group, Inc. AFG
- American International Group Inc. AIG
- Arch Capital Group Ltd. ACGL
- Beazley plc symbol not shown
- Bowhead Specialty Underwriters, Inc. BOW
- Cincinnati Financial Corporation CINF
- CNA Financial Corporation CNA
- Everest Group, Ltd. EG
- Fairfax Financial Holdings Limited FFH
- Hiscox Ltd. HSX
- Kemper Corporation KMPR
- Kinsale Capital Group, Inc. KNSL
- Lancashire Holdings Limited symbol not shown
- Markel Group Inc. MKL
- Münchener Re symbol not shown
- QBE Insurance Group Limited QBE
- RenaissanceRe Holdings Ltd. RNR
- RLI Corp. RLI
- Selective Insurance Group, Inc. SIGI
- SiriusPoint Ltd. SPNT
- Swiss Re AG symbol not shown
- The Hanover Insurance Group, Inc. THG
- The Hartford Financial Services Group, Inc. HIG
- The Travelers Companies, Inc. TRV
- W.R. Berkley Corporation WRB
- Zurich Insurance Group AG symbol not shown
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 14, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 16, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 16, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 4, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 5, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 7, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 7, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 2, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 2, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | May 4, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | May 5, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Axis Capital Holdings disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Axis Capital Holdings sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
277 figures on this page: 266 cited to the filing that reported them, 11 calculated from figures it prints.
266 cited to the filing
11 calculated from the filing
Documents cited
- 0001214816-26-000174
- 0001214816-26-000149CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards in 202 · Grants of Plan-Based Awards in 2025 · and 3 more sections
- 0001214816-25-000128
- 0001214816-25-000088Summary Compensation Table
- 0001214816-24-000067
- 0001214816-24-000043Summary Compensation Table
- 0001104659-23-057241
- 0001104659-22-056544
- 0001104659-21-064294
- 0001104659-20-060207
- 0001144204-19-024251
- 0001193125-18-154527
- 0001193125-17-165963
- 0001193125-16-582858
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This page is free to cite. Attribution we ask for:
Velarion, “Axis Capital Holdings executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/AXS (accessed 2026).
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Insurance rankings
Peers Axis Capital Holdings discloses
The companies named in AXS's own disclosed peer group.
American Financial Group, Inc.American International Group Inc.Arch Capital Group Ltd.Bowhead Specialty Underwriters, Inc.CNA Financial CorporationEverest Group, Ltd.Kemper CorporationKinsale Capital Group, Inc.Markel Group Inc.RenaissanceRe Holdings Ltd.Selective Insurance Group, Inc.SiriusPoint Ltd.The Hanover Insurance Group, Inc.The Hartford Financial Services Group, Inc.The Travelers Companies, Inc.W.R. Berkley Corporation
Terms on this page
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}