All the headlines from our AXA XL Topic Page, ordered by recency.
May 13 2021 // Colonial Pipeline has cyber insurance arranged by broker Aon, with Lloyd’s of London insurers AXA XL and Beazley among the underwriters, three sources told Reuters on Thursday.Colonial Pipeline has begun to restart...
May 9 2021 // In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France that reimburse customers for extortion payments made to ransomware criminals.AXA, among...
May 5 2021 // Zurich Insurance Group has appointed Timothy Powell as global head Financial Lines and Cyber, a newly-created role that combines lines of business.Powell joins Zurich from AXA XL, where he most recently served as chief...
Apr 22 2021 // This wrap-up of international People Moves details recent appointments at AXIS Re, Guy Carpenter, Marsh and Dale Underwriting Partners.A summary of these new hires follows here. AXIS Re, the reinsurance business segment of...
Apr 22 2021 // AXA XL Insurance announced it has established a global partnership with SpaceAble, a start-up specializing in space situational awareness (SSA), to better support satellite operators and organizations operating in...
Apr 7 2021 // This wrap-up of International People Moves details recent appointments at AXA XL, Apollo Syndicate Management and Sompo International. A summary of these new hires follows.AXA XL has promoted Sundeep Khera to head of...
Mar 30 2021 // Insurtechs focused on consumer management of insurance policies and commercial fleet analytics are expanding their reach following funding rounds.Also, a new platform for offering management liability insurance to small...
Mar 12 2021 // AXA SA, France’s biggest insurer, is dropping German energy giant RWE AG as a client in a decision that highlights how taboo the coal business has become.Not even an appeal from RWE Chief Executive Officer Rolf...
Feb 25 2021 // Enstar Group Ltd. announced that one of its wholly owned subsidiaries has signed an agreement to provide adverse development cover to AXA XL, a division of AXA.In the transaction, Enstar’s subsidiary will cover...
Feb 25 2021 // AXA reported net income of €3.16 billion (US$3.8 billion) during 2020, an 18% drop from €3.86 billion (US$4.7 billion) in full-year 2019.The combined ratio for AXA’s P/C business increased 3.2 points to 99.5%,...
Feb 24 2021 // All good money managers expect to outperform their benchmark, and by one such metric the French insurer and investor AXA SA recently scored a market-beating success. Not by delivering higher returns, but by generating a...
Feb 19 2021 // Ensurance, the London-based specialty managing general agent, has announced a new capacity deal with AXA Insurance UK plc for its core construction and engineering products. AXA replaces Swiss Re as the MGA’s main...
Feb 16 2021 // AXA XL has appointed Matthew V. O’Malley as U.S. Country manager. In October 2020, AXA XL launched a new operating model which included a new zone structure in the U.S. In the new structure, O’Malley was...
Feb 11 2021 // Specialty insurer and reinsurer Canopius Group announce that Neil Robertson has been appointed Group deputy chief executive officer, with effect from May 4, 2021.In this capacity, Robertson will report to Michael Watson,...
Feb 3 2021 // AXA XL’s North America Construction business has launched builders risk insurance programs to address mass timber project risks for construction clients.Mass timber building materials, which includes cross laminated...
Jan 28 2021 // AXA XL announced that Michael Colao, who has 20 years experience in financial services cyber security, has been named global chief underwriting officer for Cyber.Colao will manage aggregate cyber exposure across AXA...
Jan 20 2021 // HSBC Holdings Plc and Malayan Banking Bhd.’s insurance venture are among shortlisted bidders for AXA SA’s business in Singapore, which could raise about $700 million in a sale, according to people familiar with...
Jan 19 2021 // Hamilton Insurance Group Ltd. announced the appointment of Elaine Scully as senior vice president, head of Casualty Insurance in its Bermuda company, Hamilton Re Ltd.Scully will report to Tim Duffin, chief underwriting...
Jan 14 2021 // Brett Musser has joined AXA XL as the Central US Zonal Marine product leader. Based in Chicago, Musser will also serve as marine liabilities product manager, focused on developing tailored insurance solutions for...
Jan 4 2021 // Assicurazioni Generali SpA agreed to buy the Greek operations of French insurer AXA SA as part of its plans to expand in European non-life and health businesses.The Italian company will pay 165 million euros ($203 million)...