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Axis Reinsurance Co., the reinsurance business of Pembroke, Bermuda-based Axis Capital Holdings Ltd., has created a division for property reinsurance and Monday announced executive appointments.
Ann Haugh, based in London, has been named president of the newly formed global property division and will be responsible for leading property underwriting on a global basis. She was previously president of Global Markets.
Ms. Haugh was one of Business Insurance’s Women to Watch in 2012 while with Zurich Insurance Co. Ltd.
Andy Hottinger, based in Zurich, was named president of the newly formed international division, which combines Axis Re’s EMEA, Latin America and Asia Pacific divisions. Mr. Hottinger previously headed EMEA and Latin America. Les Loh will continue in his role as president of Asia Pacific, and lead the market, reporting to Mr. Hottinger.
Jonathan Gray, based in London, has been promoted to president of the specialties division, formerly the global markets division. He will lead specialty lines on a global basis, including agriculture, aviation, credit and surety, marine and mortgage. He will now report to Steve Arora, Axis Re CEO, and join the reinsurance leadership team. Mr. Gray previously had served as head of Lloyd’s for Axis Re.
Jason Busti, president, North America, will continue to lead the North America division, with the additional responsibility of leading the Axis Re strategic partners client initiative.
The appointments are effective July 1.
Axis Re, the reinsurance business segment of Axis Capital Holdings Ltd., Pembroke, Bermuda, has named Jason Busti president of North America, the company said Thursday.