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Insurance moves: Axa XL appoints execs to reorganized reinsurance business

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Insurance moves: Axa XL appoints execs to reorganized reinsurance business

S&P Global Market Intelligence presents a daily roundup of management and board changes in the insurance industry. This feature excludes C-level leadership changes and stories previously covered by S&P Global Market Intelligence.

Life and health

The China Banking and Insurance Regulatory Commission approved the appointment of Pan Yanhong as general manager at China Pacific Life Insurance Co. Ltd., effective Aug. 28.

China Pacific Life Insurance is a subsidiary of China Pacific Insurance (Group) Co. Ltd.

Multiline

Marsh JLT Specialty named Andy Smith chairman and CEO of its U.K. aerospace and aviation practice, The Insurance Insider reported.

He replaces Mark Costin, who has resigned from the company.

Property and casualty

Michael Smith retired as a nonexecutive director from Randall & Quilter Investment Holdings Ltd.

Smith is also stepping down as chair of the remuneration and nominations committee and reinsurance asset committee and as senior independent director.

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Massachusetts-headquartered XS Brokers Insurance Agency Inc. named Jim Epting executive vice president.

Epting was senior vice president and managing director for the Southeast region at Michigan-based Burns & Wilcox Ltd.

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Aon PLC appointed Neville Weston vice chairman of its reinsurance solutions business for Bermuda, Reinsurance News reported.

Weston previously served as partner and senior underwriter for the property catastrophe fund at Aeolus Capital Management Ltd.

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Axa XL made a number of executive appointments as part of a organizational restructuring of its reinsurance business, effective Jan. 2, 2020.

London reinsurance chief executive Rob Littlemore will lead a newly created global markets business comprising the company's Bermuda and London reinsurance platforms. Head of property for global markets Paul Simons was also appointed head of Bermuda reinsurance.

David Watson is retiring as chief executive at Axa XL's international reinsurance business and as CEO at XL Re Europe SE by the end of 2019. He will be replaced by North American reinsurance chief executive John Welch, who will lead the international markets business at Axa XL Reinsurance in January.

Bermuda reinsurance chief executive Jonathan Gale was appointed chief underwriting officer, replacing Chris Dougherty, who was appointed chief executive for underwriting capital management.

Axa XL Reinsurance COO Dawn Dinkins will also lead the centralized claims and operational functions.

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Willis Towers Watson PLC named Rash Bhabra head of its retirement business in Great Britain, replacing Peter Rowles, Reuters reported.

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Georgia-based Transatlantic Underwriters appointed Colby Waltenburg president.

Waltenburg previously served as vice president at Transatlantic Underwriters.