22 June 2022Executive Appointments

AXA XL promotes Pachai to chief risk officer post

AXA XL has promoted Ravi Pachai to a new role of chief risk officer, Bermuda & North America, Reinsurance.

According to AXA XL in his new role Pachai will make sure the entities under AXA XL Re have an appropriate risk management framework in place. He will be responsible for meeting AXA Group standards and policies as well as relevant regulatory requirements and governance.

Pachai was previously an underwriting actuary at AXA XL’s Bermuda office from October 2017 until this month. Before that he was the Bermuda catastrophe modelling manager for AXA XL on the island from January 2015 to September 2017.

Prior to that he was worked on catastrophe modelling & analytics for Aon Benfield from September 2013 to January 2015 in London. Before that he was a catastrophe risk specialist at the Bank of England, working on Solvency II.