AXIS Re, the reinsurance business segment of AXIS Capital Holdings Limited (“AXIS Capital”) (NYSE:AXS), announced the appointment of Andy Hottinger as President of its EMEA LatAm division. Mr. Hottinger succeeds longtime AXIS Re colleague and EMEA LatAm President Jan Ekberg, who will retire in July following a 45-year career in the (re)insurance industry, which has included 15 years at AXIS.
In his new role, Mr. Hottinger will be part of the Company’s Reinsurance Leadership Team and will report directly to AXIS Re CEO Steve Arora.
“Andy has a deep understanding of our company’s strategy and values, as well as opportunities for future growth. He is a respected leader who has continually delivered high-quality results. His mix of technical expertise and people leadership skills will serve AXIS Re well as he assumes leadership of our important EMEA and LatAm reinsurance business. I look forward to working more closely with Andy as he joins the Reinsurance Leadership Team to help advance our ambition of achieving a leadership position in the global reinsurance market,” said Mr. Arora.
Mr. Hottinger has held a number of underwriting managerial roles within AXIS Re, most recently serving as Head of Property EMEA and, prior to that, Head of Engineering and Property Risk. He will be formally appointed to his new role on July 1, 2019, following Mr. Ekberg’s retirement.
“On behalf of all of AXIS, we are grateful to Jan for his tremendous contributions to our Company,” said Albert Benchimol, President and CEO of AXIS Capital. “Jan has played a significant role in helping our reinsurance business grow from a start-up into a global player. Jan is a talented leader and a consummate professional, and he will always be a part of our family at AXIS.”
About AXIS Capital
AXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders’ equity at December 31, 2018, of $5 billion and locations in Bermuda, the United States, Europe, Singapore, Middle East, Canada and Latin America. Its operating subsidiaries have been assigned a rating of “A+” (“Strong”) by Standard & Poor’s and “A+” (“Superior”) by A.M. Best.
About AXIS Re
AXIS Re – a business segment of AXIS Capital Holdings Limited (NYSE:AXS) – provides reinsurance to insurance companies on a worldwide basis, comprising catastrophe, property, professional lines, credit and surety, motor, general liability, engineering, marine, workers’ compensation, agriculture, and accident and health, as well as other highly specialized risk-transfer solutions.