Latest AXA XL Headlines

All the headlines from our AXA XL Topic Page, ordered by recency.

XL Catlin Adds Cyber Solution to UK Casualty Insurance Offering

Jun 12 2018 // XL Catlin’s insurance operations in the UK announced the extension of its casualty insurance offering to include a cyber solution.The endorsement – which is designed for mid-sized and large companies that...

XL Catlin Updates Coverage for Environmental Contractors, Consultants

Jun 12 2018 // The North American Environmental Unit of XL Catlin has updated its professional and pollution insurance coverages for contractors and environmental consultants.New additions to XL Catlin’s Professional and Pollution...

XL Catlin Launches Auto Terror Protect Coverage for Vehicle Terrorist Attacks

Jun 8 2018 // XL Catlin’s has launched a new insurance product for companies with fleets of vehicles which could be used as a weapon in a terrorist attack.According to Mark Steddon, senior underwriter, Terrorism & Political...

XL Group Shareholders Give AXA Acquisition Green Light

Jun 7 2018 // Insurer XL Group’s shareholders have approved an agreement for AXA to acquire 100 percent of XL Group.Total consideration for the planned acquisition would amount to approximately USD $15.3 billion, to be fully paid...

XL Catlin Names Smyth, Greavesas to Global Excess Casualty Posts

Jun 6 2018 // XL Catlin insurance operations named Donnacha Smyth as president and Carla Greavesas as chief underwriting officer of Global Excess Casualty.Smyth, who will be based in Dublin, will start his new role in September. He will...

Chahine Named Chief Executive Officer of AXA Partners

Jun 5 2018 // Gilbert Chahine has been appointed chief executive officer of AXA Partners, the entity of the AXA Group Innovation Business Unit dedicated to forging global insurance and business partners.Prior to this appointment,...

Wall Street to Weigh In on AXA IPO Next Week

Jun 1 2018 // Weeks after becoming the largest U.S. listing of 2018, Axa Equitable Holdings Inc. is trading below the price range that investors were originally asked to pay at its initial public offering. But an incoming round of...

XL Catlin Adds Nieves to War, Terrorism, Political Violence Team in Atlanta

May 21 2018 // XL Catlin has promoted Lindsey Nieves to AVP, underwriting manager in its regional US War, Terrorism & Political Violence insurance team for the South and Central zone, which is headquartered in Atlanta. According to...

XL Catlin’s Benjamin to Head Zurich North America’s Management Solutions Group

May 21 2018 // Brian Benjamin, a longtime insurance executive with experience in professional liability lines, has joined Zurich North America as head of Management Solutions.Benjamin will be accountable for the performance of the...

U.S. Cyber Market Is $2 Billion, Growing Fast, Profitable: Fitch

May 21 2018 // Cyber insurance coverage continues to be one of the fastest growing segments and represents a significant growth opportunity for U.S. property/casualty insurers, according to Fitch Ratings in a new report.The market has...

People

May 21 2018 // EPIC Insurance Brokers and Consultants has named Sean Conrad a principal in its Southern California operations.Conrad will be based in EPIC’s Irvine, Calif., office, and will be responsible for new business...

XL Catlin Adds Gardenhire as Underwriter in Dallas

May 18 2018 // XL Catlin has added Jason Gardenhire as underwriter to its regional US War, Terrorism & Political Violence insurance team. He is based in Dallas. Gardenhire will lead XL Catlin’s Terrorism and Political Violence...

XL Catlin Launches Injury, Security Coverage for Visitor Attractions in UK, Ireland

May 17 2018 // XL Catlin has launched Leisure Protect – an insurance package aimed at the mid to large visitor attraction sector. The coverage offers assistance as a result of a catastrophic injury and against a range of security...

XL Catlin Shares Executive Changes, Exits in Preparation for AXA Takeover

May 15 2018 // XL Group has announced management changes and departures in anticipation of the planned acquisition of XL by AXA.French insurer AXA SA has agreed to buy XL Group Ltd. for $15.3 billion in cash in a bid to capture a bigger...

AXA Says Funding to Buy XL Group Is All Set

May 14 2018 // AXA said on Monday it had secured financing for the 12.4 billion euros ($14.9 billion) acquisition of XL Group and was not dependent on the issuance of any additional debt following the flotation of part of its U.S. unit,...

XL Catlin, Nature Conservancy Eye Coastal Wetlands Investments for Storm Mitigation

May 11 2018 // When Hurricane Sandy hit the U.S. East Coast in October 2012, its 80-mile-per-hour winds and the resulting flooding did about $71 billion in damage. After the storm, researchers found that natural coastal ecosystems saved...

XL Catlin’s North America Construction Team Sets up Hub in San Francisco

May 10 2018 // XL Catlin’s North America Construction insurance business has established an underwriting hub in San Francisco, Calif. with the addition of Charles Marmolejo as executive underwriter and relocation of senior...

U.S. Cyber Market Is $2 Billion, Growing Fast, Profitable: Fitch

May 10 2018 // Cyber insurance coverage continues to be one of the fastest growing segments and represents a significant growth opportunity for U.S. property/casualty insurers, according to Fitch Ratings in a new report.The market has...

AXA Raises $2.75 Billion in Year’s Biggest IPO

May 9 2018 // U.S. initial public offerings have the seismic changes in the insurance industry to thank for 2018’s biggest share sale.Axa Equitable Holdings Inc. sold 137.25 million shares at $20 each on Wednesday to raise $2.75...

XL Catlin’s Goldstein Joins Travelers as Investor Relations Senior VP

May 7 2018 // Abbe Goldstein has joined The Travelers Companies as senior vice president, Investor Relations. Goldstein succeeds Gabriella Nawi, who recently switched to the company’s Personal Insurance finance team. Goldstein...