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The Corporation said it is making “steady progress” in developing the recovering-from-loss journey for DA claims.
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The executive said the carrier would continue with its underwriting approach and benefit from pricing tailwinds.
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Axa almost doubled its profits at a group level, and the business expects claims of EUR400mn from recent European floods.
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The carrier reported 14.2% top-line growth and rate increases of 10.2%.
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The InsurTech is looking to expand into new product lines and geographies.
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The MGA’s new venture will offer latent defect cover for mixed use and tenure developments around the UK.
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The carrier increased reserves for P&C Covid-19 losses by EUR109mn in the quarter after UK and France court decisions.
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In a results preview, the Chaucer owner said it had also benefited from improved investment returns.
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The executive will replace current leader Forbes Geekie.
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The London-listed carrier reported growth and positive rate movement in all seven of its business segments.
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The appointment marks the latest board advisory role for Clarke, who spent 25 years at PartnerRe.
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The new division is structured into three business units: a chief underwriting office led by Rasmus Nygård, business transformation led by Jörg Hipp and global MidCorp, headed up by Ole Ohlmeyer.