AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings Ltd., announced appointments within its leadership team, creating a new division for Property Reinsurance and simplifying the overall structure.
The appointments include:
- Ann Haugh, president, Global Property Division. Haugh, who previously served as president of Global Markets, has been appointed president of the newly formed Global Property division. In this role, Haugh will be responsible for leading property underwriting on a global basis.
- Andy Hottinger, president, International Division. AXIS Re will combine the EMEA LatAm and Asia Pacific Divisions into a single International Division, led by Hottinger. Les Loh will continue in his role as president of Asia Pacific, and lead the market, reporting to Hottinger.
- Jonathan Gray, president, Specialties Division. Gray has been promoted to president of the Specialties Division, formerly the Global Markets division. In this role, he will lead Specialty lines on a global basis, which include agriculture, aviation, credit & surety, marine, and mortgage. Gray will now report to Steve Arora, chief executive officer of AXIS Re, and join the reinsurance leadership team. Previously, Gray had served as head of Lloyd’s for AXIS Re.
- Jason Busti, president, North America Division. Busti will continue to lead the North America Division, with additional responsibility of leading the AXIS Re Strategic Partners’ client initiative.
The appointments are effective July 1.
“These adjustments enable us to continue to adapt to market conditions, while furthering our commitment to delivering strong expertise and an engaging client experience. Ann, Andy, Jon, and Jason are proven leaders who bring the right mix of underwriting expertise and leadership to our team,” said Arora.
Source: AXIS Capital
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