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Michael A. Butt, MBA'67

Chairman, Axis Capital Holdings 

Additional Information


Michael Butt has been Chairman of the Board of AXIS Capital Holdings Limited since September 2002.

Mr. Butt has over 45 years of insurance industry experience. From 1998 to August 2002, he was a Director of XL Capital Ltd. He was President and Chief Executive Officer of Mid Ocean Limited in Hamilton, Bermuda from 1993 to August 1998 when it was acquired by XL Capital Ltd.

From 1982 to 1986, Mr. Butt was the Chairman of Sedgwick Limited and Vice Chairman of the Sedgwick Group plc, London, England. From 1987 to 1992, Mr. Butt served as Chairman and Chief Executive Officer of Eagle Star Holdings plc and Eagle Star Insurance Company, London, England. He was on the Board of the Farmers Insurance Group, California, U.S.A. and BAT Industries, London, England from 1987 to 1991.

Mr. Butt was also formerly a Director of Phoenix Securities Limited, London, England (1991-1992); Marceau Investissements S.A., Paris, France (1987-1992); and Instituto Nazionale delle Assicuranzioni (INA), Rome, Italy (1994-1998).

Mr. Butt was the Chairman of the INSEAD International Council from 1988 to 1991 and was a member of the INSEAD Board, Fontainebleau, France from 1982 - 2010. He was also the Chairman of the Development Capital Campaign from 2002-2009. He has been a Member and Contributor of the Geneva Association since 1987. He was Vice Chairman of the Association of Bermuda International Companies ("ABIC") and was Chairman of the Association of Bermuda Insurers and Reinsurers ("ABIR") from January 2008 - December 2009. He was a Director of the Bank of Butterfield in Bermuda from 1996 to 2002. Mr. Butt was a Member of the Board of Trustees, Bermuda Biological Station for Research from 1996 to 2007.

Mr. Butt earned an MA in History from Magdalen College, Oxford, England, and an MBA from INSEAD, Fontainebleau, France.

In June 2011, Mr. Butt was appointed as an Officer of the Most Excellent Order of the British Empire (OBE).

Mr. Butt resides in Bermuda, is married, and has three children. He is a member of the Royal Bermuda Yacht Club (RBYC), Coral Beach and Tennis Club, Mid-Ocean Golf Club and Tucker's Point Club.