Bermudian re/insurance industry veteran Kavan Tucker is to join the global markets team at Axis Re as a senior mortgage underwriter in the firm’s Bermuda office.

Mr Tucker will take up his post at the reinsurance business segment of Axis Capital Holdings Ltd on March 1, the company said.

Ann Haugh, global markets president for Axis Re, said: “We’re delighted to welcome Kavan Tucker to Axis Re, global markets. Kavan brings nearly 20 years of industry experience to Axis Re with a background in mortgage as well as specialty, property, and ILS. His track record in specialty underwriting and experience in mortgage reinsurance will be a valuable asset to our team as we continue to drive our strategy forward and further grow and build on this portfolio.”

In his new role, the company said Mr Tucker will be responsible for developing and maintaining a profitable mortgage book of business, with a focus on United States government-sponsored enterprises and mortgage insurer transactions, while also fostering key client and broker relationships.

The company said Mr Tucker joins Axis Re most recently from an ILS re/insurance platform start-up and brings experience from companies such as Axa XL, AmTrust Financial and Flagstone Re.