Swiss Re veteran Jason Busti has joined rival reinsurer Axis Re as its North American president

Axis Re has appointed Jason Busti as its president for North America. 

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Busti (pictured) joins from rival reinsurer Swiss Re, where he spent the previous 22 years in a variety of underwriting and sales roles. 

Most recently, he was managing director and client executive, responsible for the company’s US globals business. 

At Axis Re, Busti will oversee its North America treaty reinsurance business, which includes the US, Bermuda and Canadian markets.

From his base in New York, Busti will report to Axis Re’s CEO Steve Arora, taking a seat on the Bermudian re/insurer’s senior reinsurance leadership team.

“Jason is a highly accomplished and widely respected reinsurance leader who possesses the right mix of technical skills, leadership capabilities and broker market experience,” Arora said.

“His approach and perspective are well aligned with the performance, people and client-centric cultures that we are building across Axis Re. 

Axis Re also announced that Roman Romeo has assumed the role of its head of property in Bermuda.

Romeo joined in July 2016 as deputy chief underwriter at Axis Specialty from rival PartnerRe where he was a senior underwriter. 

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