Axa XL
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The appointments come after the company named a new head of UK coverholder management.
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The executive becomes a permanent replacement for Paul Greensmith, who took the CEO role at the UK businesses last year.
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The carrier would consider a vehicle if it allowed the matching of the right capital to risk, the Axa XL CEO said.
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The CEO said in three years the third-party capital platform could support risk from across the parent group. -
John Welsh will become international markets chief at the start of next year.
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The promotion of Paul Howard is part of a wider investment push in the delegated authorities segment.
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The internal promotion comes after Steve Hawkins left the firm for Convex.
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Axa XL leads the Arkansas-headquartered food company’s property programme, according to market sources.
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Arezes joins the carrier’s Toronto-based property operation from Zurich.
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The new recruit joins after a 19-year international career with Axa XL.
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Further details of the cyber placement show the risk is fairly evenly spread across the US, Bermuda and London markets.
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The Pennsylvania-based grocer has been named in multiple lawsuits by plaintiffs seeking to recover billions of dollars over opioids.
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