AXIS Re shakes up global markets business

AXIS Re shakes up global markets business | Insurance Business Asia

AXIS Re shakes up global markets business

AXIS Re has appointed Ann Haugh (pictured), as president of its global markets division. Also a member of the firm’s reinsurance leadership, she will be based in London and report to AXIS Re CEO Steve Arora.

In this role, Haugh will oversee AXIS Re Strategic Partners, global specialty reinsurance, and AXIS Re’s international business platform in the Lloyd’s market. She joins from Thomas Miller, where she was group chief operating officer. Previously, she held a number of senior underwriting and operations leadership positions at Aspen Insurance Group and Zurich Insurance.

“We are excited to welcome Ann to AXIS,” Arora said. “Her 25 years of insurance experience spans underwriting, operations, strategy and P&L management. This breadth and versatility of experience is a great addition to our organisation. Ann also demonstrates the strong cultural values of execution and empathy that we are building at AXIS Re.”

AXIS Re has also appointed Rob Smart, currently interim president of global markets, to the newly created role of head of specialty re. He will report to Haugh.

The specialty re unit, which is within AXIS Re’s global markets division, was established in May 2018 when AXIS announced a new organisational design for its reinsurance segment as part of a commitment to strengthen market leadership.

“I am confident that Rob will be successful in leading this very important business for AXIS Re and delivering global product strategies,” Arora said. “We are appreciative of his energy and commitment in establishing the global markets division during the interim period.”