Axis Re, the reinsurance business segment of Bermudian-based Axis Capital Holdings Ltd, has announced four appointments within the Reinsurance leadership team, creating a new division for property reinsurance and simplifying the overall structure.

The company said the enhancements align with the priority that Axis Re places on delivering strong expertise and an engaging client experience.

The appointments will become effective July 1, the company said.

Ann Haugh, who previously served as president of Global Markets, has been appointed president of the newly formed Global Property division. In this role, the company said she will be responsible for leading property underwriting on a global basis.

Andy Hottinger will become president, International Division as Axis Re will combine the EMEA LatAm and Asia Pacific divisions into a single division led by Mr Hottinger.

Les Loh will continue in his role as president of Asia Pacific, and lead the market, reporting to Mr Hottinger.

Jonathan Gray has been promoted to president of the Specialties Division, formerly the Global Markets division. In this role, the company said he will lead specialty lines on a global basis, which include agriculture, aviation, credit & surety, marine, and mortgage.

Mr Gray will report to Steve Arora, Axis Re chief executive officer, and join the Reinsurance leadership team. Previously, he served as head of Lloyd’s for Axis Re.

Jason Busti will continue to lead the North America Division as president, with additional responsibility of leading the Axis Re Strategic Partners client initiative.

Mr Arora said: “These adjustments enable us to continue to adapt to market conditions, while furthering our commitment to delivering strong expertise and an engaging client experience.

“Ann, Andy, Jon, and Jason are proven leaders who bring the right mix of underwriting expertise and leadership to our team.

“What continues to drive our success is smart underwriting, combined with a winning spirit.

“We focus on strong expertise, portfolio optimisation, leading capabilities, the client experience, and the engagement of our people.”