NU Online News Service, Aug. 27, 2:30 p.m. EDT

Pembroke, Bermuda-based AXIS Capital Holdings Ltd. said David Greenfield, executive vice president and chief financial officer, will resign from his position effective Nov. 30.

AXIS said it has initiated a search for a successor to Mr. Greenfield. In an e-mail a spokesman said the company does not comment on its hiring strategy and declined further comment.

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