AXIS Capital Announces Leadership Appointments for Irish Legal Entities
October 10 2024 - 9:08AM
Business Wire
AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS) today
announced leadership appointments for the Company’s Irish legal
entities, AXIS Re SE (“ARe”) and AXIS Specialty Europe SE (“ASE”),
both domiciled in Ireland and regulated by the Central Bank of
Ireland (“CBI”). The appointments are effective as of October 7,
2024.
AXIS Specialty Europe SE
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 2016-2024, and also serving as ASE’s UK Branch
Manager for over six years.
Mr. Gulmohamed succeeds outgoing ASE CEO Fintan Mullarkey
who is departing following a distinguished 21-year career with
AXIS. Mr. Mullarkey played a pivotal role in establishing and
growing the European Legal Entity platform since its formation and
served as its CEO since 2022. Prior to this, he held the role of
CFO for the European business, guiding it from its inception to a
leading market position with combined revenues exceeding $3
billion. Mr. Mullarkey also served as Director of AXIS Managing
Agency since the Company's Lloyd’s operations were established in
2014.
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 endeavors.
Added Mr. Vogt, “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.”
AXIS Re SE
John O’Neill has been appointed CEO of ARe, with
responsibility for the Ireland-based legal entity and its Zurich
branch. Mr. O'Neill joined AXIS in 2016 and currently 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 also 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. Mr. McCormick served concurrently as Head of
Underwriting Execution for the Company’s global reinsurance
business across all lines and geographies to execute strategic
initiatives across this $2 billion business.
Commenting on the leadership change, 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.
Added Ms. Haugh, “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.”
About AXIS Capital
AXIS Capital, through its operating subsidiaries, is a global
specialty underwriter and provider of insurance and reinsurance
solutions. The Company has shareholders’ equity of $5.7 billion at
June 30, 2024, and locations in Bermuda, the United States, Europe,
Singapore, and Canada. Its operating subsidiaries have been
assigned a financial strength rating of "A+" ("Strong") by Standard
& Poor’s and "A" ("Excellent") by A.M. Best. For more
information about AXIS Capital, visit our website at
www.axiscapital.com. Follow AXIS Capital on LinkedIn and X
Corp.
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version on businesswire.com: https://www.businesswire.com/news/home/20241010253039/en/
Investor Contact Cliff Gallant +1 (415) 262 6843
investorrelations@axiscapital.com
Media Contact Anna Kukowski +1 (212) 715 3574
anna.kukowski@axiscapital.com
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