John Nichols resigns as CEO of Axis Re

Company appoints interim CEO, who currently serves as president and CEO of the European branch

John Nichols resigns as CEO of Axis Re

Insurance News

By Gabriel Olano

John “Jay” Nichols has resigned from his position as chief executive officer of AXIS Re, effective March 31. He will be succeeded by Jan Ekberg as interim CEO.
Ekberg, who joined AXIS in 2004, is currently president and chief underwriting officer of AXIS Re Europe. As interim CEO, he will report directly to AXIS Capital president and chief executive officer Albert Benchimol.

Want the latest insurance industry news first? Sign up for our completely free newsletter service now.
“Over the past five years we have made significant progress and AXIS Re is a global reinsurance leader, well-positioned against the backdrop of a structural shift in the reinsurance industry,” said Benchimol. “We have also established AXIS as a strategic partner to respected third party capital providers. With this solid foundation in place, Jay has decided that he would like to depart AXIS. We are deeply appreciative of Jay’s leadership and wish him the absolute best.”
Ekberg has been in the (re)insurance industry for over 40 years, having spent around half of those managing underwriting businesses. As president and chief underwriting officer of AXIS Re Europe, he headed the property risk and engineering teams. Prior to joining the company, he held various underwriting and management roles at European reinsurers such as Nordisk Re in Denmark, as well as Employers Re and GE Frankona in Germany.

Related stories:
AXIS names SVP for distribution and broker relations

Keep up with the latest news and events

Join our mailing list, it’s free!