AXA XL is planning a merger of its Bermuda and London reinsurance platforms to create a global market concentrating on catastrophe, casualty and speciality insurance. The changes at the AXA subsidiary - which are subject to approvals - are expected to take effect in January 2020. London reinsurance CEO Jonathan Gale will head the merged operation, while Bermuda CEO Rob Littlemore will become chief underwriting officer. Global property markets head Paul Simons will become the head of Bermuda reinsurance.
AXA XL is planning a merger of its Bermuda and London reinsurance platforms to create a global market concentrating on catastrophe, casualty and speciality insurance. The changes at the AXA subsidiary - which are subject to approvals - are expected to take effect in January 2020. London reinsurance CEO Rob Littlemore will head the merged operation, while Bermuda CEO Jonathan Gale will become chief underwriting officer. Global property markets head Paul Simons will become the head of Bermuda reinsurance.