AXIS Capital Holdings Limited has named John Owen as the new chief executive of its managing agent arm, AXIS Managing Agency (AMA). Subject to regulatory approval, Owen will be responsible for AMA, which oversees the group's Lloyd's of London operation including Syndicate 1686. Owen has been with AXIS for 19 years in underwriting and leadership roles.

He served as marine and political risks head until May 2023 and is currently the global markets speciality head. Owen will now report to AXIS global markets head Mark Gregory. Gregory previously served as AMA's CEO and will continue to be a board member of AMA.