Axis Capital
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The launch will add to a marine portfolio which already includes cargo and reinsurance accounts. -
Chris Cane and Jaime Hunwicks join from Talbot, Jonathan Bint from Chaucer and Molly Ashcroft from Axis.
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Dax Gulmohamed succeeds Fintan Mullarkey, who is departing following a 21-year career with Axis.
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The executive moves from his current role as chief risk officer for Axis Managing Agency.
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Mark Gregory will retire next March, while Sara Mitchell will initially join as a strategic adviser.
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The executive struck a cautious note on the industry’s reserve adequacy for the 2021-23 accident years.
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The change comes as negotiations start to kick off for 2025 renewals.
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Everest Re bucked a more general trend to keep cat exposure stable.
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The company did not book any changes in its prior period reserve development.
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The executive will replace Habib Kattan, who joined the company last summer.
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Cyber physical damage cover has also been added to the facility.
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