Axis Capital
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The executive will drive the carrier’s new change programme, ‘How We Work’. -
Some 15 months on from the property reinsurance exit, he said the firm continued to reserve the right to reshape the portfolio.
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The carrier has strengthened its cargo team following the departure of two underwriters.
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The underwriter will join the company following the departure of underwriters David Axtell and Ryan Godfrey.
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It is understood that Cozens will follow former head of cyber and technology Creasy to Inigo.
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Market conditions remain “vibrant” with substantial rate increases in property business.
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The carrier’s consolidated combined ratio improved 1.9 points to 91.5%, as its Q2 pre-tax cat losses declined 52%.
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The vehicle is turnkeyed by Mission Underwriters.
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The underwriter specialises in business including commodity traders, petrochemical risks and African business.
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The executive has worked at the Bermudian carrier for more than two decades.
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The executive will be responsible for shaping the business unit’s strategy in alignment with the wider reinsurance business.
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Raj Brar has spent more than four years at the carrier as a senior construction underwriter.
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