Axis Capital
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Jason Arbuckle will head up Axis Re’s Canada office.
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Jacqueline Spencer-Sim joins Pembroke from Axis.
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Reduced ILS capacity is impacting the sidecar and retro market in particular.
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Arch CEO Marc Grandisson takes on the deputy role at the Bermuda trade association.
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The company said its losses are consistent with industry insured losses of up to $20bn.
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About four-fifths of stocks in the index decline and none manages gains of more than 1 percent.
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The executive will be based in London and report to global cyber and technology head Dan Trueman.
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Some 18 months after Axis saw its outlook dropped to negative, it has now returned to stable.
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The Bermudian also said that it had agreed a revised severance package with the executive.
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The executive takes the helm of Vibe Re.
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The new global cyber and technology unit will be part of Axis’s professional lines division.
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He moves to the carrier from Axis.
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