Axa XL
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The executive has also worked for AIG and Ace. -
Axa XL leads the aviation all-risks reinsurance coverage for the destroyed Jeju Air Boeing 737-800 craft.
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Axa XL is understood to be the lead carrier, with Gallagher the broker on the account.
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Jamie Cann, previous head of aviation and space at the Fidelis Partnership, also joined Axa XL.
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Alex Nelson will work as head of power and renewable energy at the carrier.
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The carrier is believed to be restructuring the leadership of its London specialty business.
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Underwriters are broadly pricing on the basis of a $1.5bn Baltimore claim, but there is uncertainty.
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Axa XL Re has hired former Swiss Re executive Greg Schiffer as its North America CEO, effective from 11 November.
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Chris Caponigro will be responsible for expanding Axa XL’s product offering and investor base.
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At group level, Axa’s underlying earnings improved by 4% to EUR4.2bn.
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The appointment is part of a reorganization of the Americas business.
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