Axa XL
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He was previously head of underwriting management and deputy CUO for Axa XL’s marine segment. -
Kelly was recently appointed to head up the product recall book at Axa XL.
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The LMG chair also discussed the need for tailored regulations.
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Paul Thomas was also appointed head of sports, media and entertainment.
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The P&C segment reported a 71% increase in underlying earnings.
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The company provides reinsurance to insurers in LatAm and the Caribbean.
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Duties will include setting strategic direction in marine, aerospace, and specialty niche lines.
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The appointment follows the resignations of Shaun Russ and Ian Davidson.
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The resignations will see Russ and Davidson reunited with fellow Axa XL alumnus Mark Hutton, who joined Tokio Marine HCC as head of crisis management last year.
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Ashwell is widely regarded as one of the architects of the standalone terrorism market that emerged after 9/11.
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