AXIS Re, the reinsurance segment of AXIS Capital Holdings Ltd., has been divided into four geographic divisions: North America; Europe, the Middle East and Africa; Asia; and global markets.
Jon Colello was appointed president for North America, while Jan Ekberg will continue as president for EMEA. Peter Kiernan will remain president for Bermuda, which will fall within the North America division.
Les Loh was promoted to president of Asia after previously serving as deputy head of underwriting for Asia.
Rob Smart was appointed interim president of the newly created global markets division, which will host the new AXIS Re Strategic Partners team, the newly formed Specialty Re and the international business through the Lloyd's platform.
Megan Thomas, who was recently named chief underwriting officer, will lead the newly created reinsurance products team. CFO and COO Rob Looney will take charge of the reinsurance services team.
There will be no changes to AXIS Capital's presentation of its financial results as a result of these organizational changes, the company said in a news release.
