PartnerRe Ltd. has recruited the former Axis Capital Holdings Ltd., CEO Jonathan Colello, to lead his reinsurance business in the United States.
The appointment comes one month after PartnerRe announced a reorganization of its units.
Mr. Colello, a long-term Axis executive, was named President of North America for Axis Re in May in May.
At PartnerRe, he will be CEO, P & C Americas and president of Partner Reinsurance Co. in the United States, according to a statement from PartnerRe. He will report to Emmanuel Clarke, President and CEO of the Bermuda-based reinsurance, and will lead PartnerRes's real estate / accident business in the US, Canada and Latin America and its US health reinsurance business, the statement said.
Meanwhile, Axis announced Monday that it has appointed Andy Hottinger as president of its EMEA LatAm division, covering Europe, the Middle East, Africa, and Latin America. Most recently, Hottinger was responsible for EMEA at Axis. He replaces Jan Ekberg, who will retire in July, Bermuda-based Axis said in a statement.