Chief Risk Officer
AXIS Capital
Biographical Sketch: Michael Steel has over 23 years of experience in risk and capital management. As Chief Risk Officer of Axis Capital, he focuses on determining and implementing the enterprise-wide risk and control framework that supports the achievement of AXIS’ strategic and financial goals. During his career he has conducted extensive work developing and implementing Enterprise Risk Management concepts, methods and tools and has been at the forefront of the convergence of the insurance and capital markets. Mr. Steel joined AXIS Capital in July 2008 following 12 years at Benfield. He had been a Director with Benfield Ltd and Benfield Advisory, where he was the Global Head of the Capital Markets Group, Chairman of the ReMetrics team and the Head of Structured Products. Prior to his tenure at Benfield, Mr. Steel had been a leading member of Instrat, Sedgwick Group’s Analytics and Structured Products team. Mr Steel is an appointed director of the Casualty Actuarial Society and holds a BSc (Hons) is Statistics and Mathematics from Brunel University.