Axis Re, the reinsurance business segment of Bermuda-based Axis Capital Holdings Limited, has appointed Alexander Riveros as senior underwriter, credit & surety, effective today.

The company said Mr Riveros will report directly to Camilo Rodriguez, head of International credit & surety.

In this role, Mr Riveros will be responsible for covering the Latin American market and will contribute to driving the business’ portfolio goals for credit & surety as well as fostering strong partnerships with clients and brokers.

Mr Rodriguez said: “We’re delighted to welcome Alexander to Axis Re. He brings strong expertise in this space and a track record of success in the Latin American market making him a great addition to the credit & surety team.”

Mr Riveros joins Axis Re following more than 25 years in the Latin American re/insurance industry, most recently as a senior surety underwriter at Markel International. He will be based in Zurich.

Axis Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders' equity of $5.4 billion at June 30, and locations in Bermuda, the United States, Europe, Singapore and Canada.