PartnerRe

The Swedish insurers’ association Svensk Forsakring has estimated the fires that swept through Swedish forests from May to July will lead to insured losses of SEK800mn ($87mn).

Marcus Pollak, who joins from PartnerRe, will lead underwriting process and portfolio management activities for Axis Re.

The carrier also signed up 50 percent more investors during the July renewal.

Two executives, Edward Torres and Niraj Patel, are leaving the firm as it changes tack with its ILS business.