Exclusive: Axis Re hires Chubb Tempest Re's Spencer as marine senior underwriter
By Michael Jones
June 6 - (The Insurer) - Chubb Tempest Re's James Spencer has resigned from the firm to take up a position at Axis Re, four senior marine reinsurance market sources told The Insurer.
One senior reinsurance source said that Spencer will be based in London and will hold the role of senior underwriter, marine.
Three senior marine reinsurance market sources said that Spencer will report to Axis' marine reinsurance head Jonathan Davey, who this publication exclusively reported had been hired from Chord Re in April.
Spencer spent more than two years at Chubb Tempest Re, three senior marine reinsurance market sources said, latterly as head of marine and energy.
His insurance career also includes 16 years at Transatlantic Reinsurance, including as assistant vice president for marine and offshore energy treaty, as well as a year-long stint at AIG.
Axis declined to comment. Chubb did not immediately respond to a request for comment.
Related Articles
U.S. August PCE: Inflation Remains the Market's Greatest Risk
Our baseline forecast anticipates sustained asset price increases. However, if inflation surpasses market expectations in the coming months, it could hinder further rate cuts and pose the greatest risk to financial markets.
Memory Giant Micron Delivers Stellar Q4 FY2025 with Explosive DRAM and HBM Growth
TradingKey - Micron Technology, Inc. (NASDAQ: MU) delivered a stellar Q4 FY2025 earnings report, exceeding expectations on revenue, earnings, and margins. The company reported total revenue of $11.32 billion, up 46% YoY and 22% sequentially, surpassing the consensus forecast of $11.1 billion.
Fed Rate Cuts: Will the Russell 2000 Outperform the S&P 500?
TradingKey - On 17 September, the Federal Reserve cut interest rates by 25 basis points, marking the official restart of the rate-cutting cycle. In theory, small-cap stocks, compared to large-cap stocks, benefit more from Fed rate cuts. This is because they are more reliant on external financing...
Broadcom Q3 FY2025 Earnings Review: AI Surge and VMware Synergy Fuel Record Performance
TradingKey - Broadcom Inc. (NASDAQ: AVGO) delivered a strong fiscal Q3 2025, with results driven by AI networking strength and continued VMware integration. Revenue and EPS both topped expectations, reinforcing the company’s role as an essential player in the AI infrastructure buildout.
Powell's Jackson Hole Speech: For U.S. Stocks, Hawk or Dove Signal Could Be a Lose-Lose?
TradingKey - As U.S. inflation and labor market data show signs of rebalancing, Treasury traders and Wall Street banks have largely priced in a rate cut at the September FOMC meeting — the first of 2025. Yet both a more dovish-than-expected tone and a potential surprise hawkish signal from Fed Chair
