AXIS has announced Mr Steve Arora as the CEO of AXIS Re. Mr Arora joins the company from Swiss Re where he spent 18 years in a variety of senior positions, most recently as Head of Casualty Reinsurance and as a member of the Reinsurance Executive Committee. He has extensive international experience and leadership capabilities and has been recognized by the World Economic Forum as a Young Global Leader.
Mr Arora, who will lead AXIS Capital’s $2.2 billion USD reinsurance business, will become a member of the Company’s Executive Committee where he will report to President and CEO Mr Albert Benchimol.
Throughout his career, Mr Arora has held positions in New York, Munich, London, Tokyo and Zurich. He has spent time in a variety of functional roles including Finance, Risk Management, Underwriting, Sales, and General Management. In addition to his role as Head of Casualty Reinsurance, he served as President of Swiss Re Japan, Managing Director to some of its largest Global Clients, and Head of the Engineering & Construction business across the Americas region.
He is a graduate of the GE Capital Financial Management Program, Swiss Re Management Development Program, and STARS Symposium for Leaders of the Next Generation. He graduated from Muhlenberg College with a Bachelor’s Degree in Economics. He and his family will be based in Zurich, Switzerland.
In addition, the company announced that AXIS Re Interim CEO Mr Jan Ekberg will resume his previous role as President and Chief Underwriting Officer of AXIS Re Europe upon Arora’s formal appointment in January 2018.