Wife of AXIS Capital boss wins US$91 m divorce pay-out

In what is believed to be the biggest divorce settlement in a contested case in British history, AXIS Capital CEO John Charman has been ordered to pay £48 million (US$91 million) to his estranged wife. The award represents 37% of the couple’s estimated £131 million (US$250 million) fortune.Charman, who is believed to have homes in Bermuda, Atlanta and Florida, has vowed to appeal, describing the judgment as “poor and blatantly discriminatory” and the award as “grotesque and unfair”.