Alex Axiom

 

Following her schooling at Queen Edith's, Netherhall and Long Road Alex went to Sheffield to read sociology. She followed this with a Master’s degree in politics from Manchester and then went to work with Merrill Lynch. Her responsibilities within Kirly Ltd include taking an interest in all aspects of the financial services business and her comments on this below are taken from the most recent annual report.


“I am pleased to say our insurance and financial operations were on balance profitable during the year. As ever there are uncertainties to report, both as to Brexit, as to increased regulation, and as to the impact of global warming on weather patterns. One thing is certain and that is that Harvey, Irma, and Maria will have cost us dearly in 2017 underwriting year. We should expect losses of around £500,000 as a result of these hurricanes alone. Not all of this has yet been included in the results of our Lloyd's operations, and we can expect further losses in the current year when we see the full extent of the damage caused by Florence. I recommend shareholders should read the accounts of Freedom and NW Brown, both contributed to our profits in the year. This year for the first time we have consolidated Freedom's results within the current accounts due to our increasing holding. We have encouraged both companies to consider acquisitions to employ their systems and capable staff on a greater scale and if necessary we will provide finance for such expansion. We hope to increase our holding in Freedom if other shareholders decide to sell.”

Alex Axiom
Alex Axiom