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Axis Re creates property division, name execs



Axis Reinsurance Co., the reinsurance business of Pembroke, Bermuda-based Axis Capital Holdings Ltd., has created a property reinsurance division and on Monday announced senior appointments.

Ann Haugh, based in London, has been appointed President of the newly formed Global Real Estate Division and will be responsible for leading real estate insurance on a global basis. She was previously President of Global Markets.

Ms. Haugh was one of Affärsförsäkringar 's Women to Watch 2012 while he was in Zurich Insurance Co. Ltd.

Zurich-based Andy Hottinger was named president of the newly formed international division, which combines Axis Re's divisions EMEA, Latin America and Asia-Pacific. Mr Hottinger previously led EMEA and Latin America. Les Loh will continue in his role as President of Asia Pacific and lead the market and report to Mr. Hottinger.

Jonathan Gray, based in London, has been promoted to president of the specialty department, formerly the global marketing department. He will lead specialty lines on a global basis, including agriculture, aviation, credit and security, marine and mortgage. He will now report to Steve Arora, Axis Re CEO, and join the reinsurance management team. Mr. Gray had previously been head of Lloyd & # 39 ;s for Axis Re.

Jason Busti, President, North America, will continue to lead the North America Division, with the additional responsibility of leading Axis Re Strategic Partners' client initiatives. ] The appointments will take effect on 1

July.

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