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Insurer and reinsurer Convex Group Ltd. on Thursday named former Axa XL executive Paul Simons as deputy CEO of its reinsurance operations.
Bermuda-based Mr. Simons spent more than 20 years at Axa XL and its predecessor companies, rising to CEO Bermuda reinsurance. He left in September, and Axa XL Re named Mark Twite as CEO Bermuda in October.
Convex, which was established in 2019, also promoted Richard Slater to chief underwriting officer of Convex Re Ltd. Mr. Slater joined Convex in 2019 as product lead of international property treaty.
Mr. Simons and Mr. Slater will report to Matt Paskin, group CUO reinsurance and CEO of Convex Re.