AXA XL Reinsurance appoints Bermuda CEO

AXA XL Reinsurance has appointed Mark Twite, the chief financial officer of the reinsurance division of AXA XL, as chief executive of its Bermuda operation.

Twite will be responsible for the strategic growth of the business in Bermuda, ensuring capital is effectively deployed in order to drive a stable and sustainable portfolio as part of AXA XL reinsurance division.

Nancy Bewlay, CEO, Reinsurance, said: “Mark’s 30-year experience in the industry coupled with his 18-year tenure at AXA XL in Bermuda places him in the ideal position to deliver for our global clients and brokers in this key market and lead our talented team.”

Prior to his current role as CFO, he held a number of senior positions including head of strategic business finance for the AXA XL Division, while also maintaining his role as head of assumed reinsurance finance.