Bermuda-based AXIS Capital Holdings Limited announced that the Company’s Board of Directors has appointed Thomas C. Ramey and Wilhelm Zeller to the Board as independent directors. Both will serve as Class II Directors.
Ramey was Chairman and President of Liberty International, a wholly owned subsidiary of Liberty Mutual Group, from 1997 to 2009. He also served in the post of Executive Vice President of Liberty Mutual Group from 1995 through 2009. Prior to joining Liberty, he was President and CEO of American International Healthcare, a subsidiary of AIG, and founder and President of an international healthcare trading company.
Ramey is currently a Trustee of the Brookings Institution and a Director of The Warranty Group, the International Insurance Society and the Coalition of Service Industries. He also serves as a member of the Chongqing Mayor’s International Economic Advisory Council and Chairman of the International Fund for Animal Welfare. He holds a Masters degree from Tulane University.
Zeller was Chairman of the Executive Board of Hannover Re from 1996 through his retirement from the company on June 30, 2009. Prior to joining Hannover Re, he was a member of the Executive Board of Cologne Re from 1977 through 1995 and, in 1995, a member of the Executive Council of General Re Corporation.
From 1970 through 1977, Zeller served as the Head of the Casualty Department and International Department Non-Life at Zurich Insurance Company. He holds a Bachelor’s degree in Business Administration, majoring in Insurance, from the University of Applied Sciences in Cologne, Germany.
AXIS Chairman Michael Butt commented: “We are delighted to welcome Thomas C. Ramey and Wilhelm Zeller to AXIS Capital’s Board of Directors. Both individuals bring a wealth of experience through their distinguished careers in the international property and casualty insurance and reinsurance marketplace, and they join an exceptionally talented Board comprised of some of the most veteran business leaders today.
“AXIS Capital will benefit enormously from the experience of our new Board members as leaders in our sector while we continue to strengthen our leading global specialty insurance and reinsurance platform. We look forward to their contributions as members of AXIS Capital’s Board of Directors.”
Source: AXIS Capital – www.axiscapital.com
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