Axis Capital
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Pauline Morley will report to John Van Decker, head of global financial lines.
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The executive is also CUO of Axis Managing Agency.
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The executive’s exit is part of a reassessment of Axis’s primary casualty book.
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Dejung spent 13 years at Scor, most recently as cyber CUO.
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It will begin underwriting from April 2024.
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Marty Becker was previously chair of QBE Insurance and Alterra Capital.
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The executive will continue in his role as global head of distribution.
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With mixed results in the reinsurance space, the specialty pivot remains a "show-me" story.
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Markel, Axis and Selective booked sizeable reserve charges in their liability segments.
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The firm will still be prepared for ‘modest changes’.
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Insurance Insider US runs you through the earnings results for the day.
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Axis’s reserve cleanup removes longstanding overhang and narrows the credibility gap.
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