Bermuda’s AXIS Capital has named Richard Housley, currently European Division President of AXIS Insurance, as President of AXIS Global Insurance. He will directly oversee all operating and underwriting activities within AXIS Global, and will also continue to serve as European Division President within AXIS Global and as Global Property leader within AXIS Insurance.
“In his new role, Richard will continue to report to Jack Gressier, Deputy Chairman of AXIS Insurance and CEO of AXIS Global Insurance,” said the bulletin. “Jack will relocate from London to AXIS Capital’s Bermuda headquarters, subject to approval by the Bermuda Department of Immigration.”
CEO John Charman commented: “The appointment of Richard Housley to the role of President of AXIS Global Insurance is in recognition of his management talent and deep underwriting expertise and experience, which characterized his outstanding contribution to the success of our AXIS Insurance business over the last four years.
I look forward to Richard’s ongoing contributions to AXIS Insurance as well as the continuation of working closely with Jack upon his relocation to our Bermuda headquarters. Jack is an acknowledged global leader in the specialty insurance marketplace and his planned relocation to Bermuda recognizes the significant role Bermuda plays in our organization, as well as the increasing significance Bermuda has in the global specialty insurance and reinsurance marketplace.”
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