Axis Capital
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Carlton Maner is stepping down after having served at AXIS for almost 22 years. -
Staff movement in the marine class exceeds that in all other lines of business.
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The sidecar has been launched alongside partner Stone Point Credit Adviser.
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The executive will drive the carrier’s new change programme, ‘How We Work’.
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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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