Bermuda-based AXIS Capital Holdings Limited announced last week that Chief Financial Officer Joseph Henry will retire at the end of the year, to be succeeded by Peter Vogt.

Vogt, who is currently chief operating officer, will become CFO, effective Jan. 1, 2018, and will serve as Deputy CFO starting in July 2017 until year-end.

Henry’s has held executive positions in the industry since 1987, when he joined the Hanover Insurance Companies after having been an audit partner for KPMG. During his 30-year career in the industry, he also held executive positions at Meadowbrook Insurance and XL, before joining AXIS in June 2012.

Vogt also brings more than 30 years of insurance industry experience with over 20 years in executive management roles spanning both finance and operations at leading financial services organizations. He has been a senior leader within the AXIS organization since 2010. In addition to his role as AXIS Insurance COO since 2013, he had previously served for more than two years as CFO and COO of AXIS’ Accident & Health business unit.

Vogt joined AXIS from Penn Mutual Life Insurance Company where he also served as CFO. Prior to Penn Mutual, he served as CFO of CIGNA’s Group Insurance business.

He started his career at Hartford Life Insurance Company where, over nearly 14 years, he held a series of actuarial roles and eventually led sales, marketing and product development for its corporate retirement business.

Vogt is a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries.

Following his retirement, Henry will continue to serve as an advisor to the Company.

Source: AXIS Capital