Bermudian-based Axis Capital Holdings Ltd has announced leadership appointments for its Ireland-based legal entities, Axis Re SE and Axis Specialty Europe SE.

Both companies are regulated by the Central Bank of Ireland.

Axis said Dax Gulmohamed has been appointed CEO of ASE, overseeing the legal entity and its branches in Belgium and the UK. He will relocate from London to Dublin for the role.

Mr Gulmohamed’s previous experience at Axis includes serving as ASE chief underwriting officer from 2016 until 2024, and also serving as ASE’s UK branch manager for more than six years.

He succeeds outgoing ASE CEO Fintan Mullarkey who is departing following a 21-year career with Axis.

Axis chief financial officer Pete Vogt said: “Fintan has been a highly valued and trusted member of our European leadership group for over two decades; his diligence, technical expertise and business acumen have been key to the successful growth of our European Specialty Insurance business. We wish him every success in his future endeavours.”

He added: “A trusted and respected leader within Axis for more than 20 years, Dax brings expansive specialty underwriting knowledge and acumen, as well as a deep understanding of the London market. We welcome him to this role.”

In addition, John O’Neill has been appointed CEO of ARe, with responsibility for the Ireland-based legal entity and its Zurich branch.

He joined Axis in 2016 and serves as senior vice-president of Life Reinsurance, a position he will continue to hold alongside his role as CEO of ARe. A qualified actuary, Mr O’Neill is a Fellow of the Society of Actuaries in Ireland.

Mark McCormick, the outgoing ARe CEO, will depart Axis after 14 years with the firm including four years as CEO of ARe and director of ASE.

Axis Re CEO Ann Haugh said: “Mark was instrumental in supporting the successful execution of our repositioning as a specialist reinsurer and driving margin expansion. We wish him every success in the future.

“In John, we have a worthy successor who brings extensive reinsurance expertise garnered over a nearly three-decade career. We look forward to serving with John in this new role.”