Axis Capital
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The broker announced the launch of its cross-class facility this week. -
Peter Vogt will act as a strategic advisor at Axis until the end of 2026.
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Beth MacGregor and Adam Vulliamy are also set to join from Axis Capital.
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Cat portfolios generally grew, but casualty approaches varied.
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The French carrier’s first-half revenues were driven by 6% growth in P&C.
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Pricing was “virtually flat” in the second quarter.
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The carrier had $20mn in reserve releases in the quarter, compared to nil in Q2 2024.
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Eric Seyfried and Glen Manjos are also departing Axis’ cyber and tech unit.
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The changes are aimed at improving underwriting and operational performance.
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Markel International has also hired senior underwriter Keely Madden.
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The headcount at the start-up now stands at around 40.
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