All the headlines from our AXA XL Topic Page, ordered by recency.
May 4 2018 // According to details revealed in a public filing earlier this week, two parties approached XL Group for potential tie-ups before AXA started to pursue a deal—and seven, in total, were interested before AXA and XL agreed...
Apr 26 2018 // French insurer AXA on Thursday priced the forthcoming initial public offering (IPO) of its U.S. division at $24-27 per share, in a deal that could value the part of the business being listed on the market at $3.5...
Apr 12 2018 // XL Catlin has added a Course of Construction (COC) coverage option to its Platinum Property insurance program to help businesses in the U.S. and Canada address construction risks associated with their property expansion...
Apr 5 2018 // Zurich Insurance Group announced that Gary Shaughnessy will step down from his role as chief executive officer for Europe, Middle East & Africa (EMEA) and as a member of Zurich’s executive committee in the fourth...
Apr 4 2018 // XL Catlin has enhanced its online underwriting platform for design professional brokers to offer capabilities for quick, single-point access to rate, bind and issue professional liability insurance coverage for architects,...
Mar 28 2018 // XL Catlin and RedSeal have partnered on a new approach to cyber insurance using an objective measurement of a network’s resilience to help underwriters evaluate their clients’ risks over time and help clients...
Mar 26 2018 // XL Catlin has added Todd Sutherland in Chicago as its new regional leader, US North Central.Sutherland will lead the regional Broker and Client Management team in Chicago, working with XL Catlin brokers and clients...
Mar 20 2018 // Andrea Rossi doesn’t buy into the story that Europe is a dead end for growth. In fact, he sees luring Asian investors to his continent as one of the key ways AXA Investment Managers will expand in years to come.The...
Mar 19 2018 // XL Catlin’s London-based insurance operation has introduced a Brexit contract continuity clause. The clause addresses the risk that contracts written by XL’s London-based entities prior to Brexit may become...
Mar 12 2018 // XL Catlin has appointed Urs Uhlmann as CEO, country manager for Canada. In his new role, Uhlmann will lead XL Catlin’s regional business strategy and overall insurance operations in Canada. Uhlmann joins XL Catlin...
Mar 7 2018 // S&P Global Ratings placed France’s AXA on CreditWatch with negative implications over its planned $15.3 billion purchase of XL Group Ltd.The ratings agency said it is worried about what the mega-deal could do to...
Mar 6 2018 // AXA SA’s pursuit of its biggest ever takeover really got serious at a romantic hotel on the shores of Lake Zurich.That’s where top executives of the French behemoth and XL Group Ltd., fresh from the annual...
Mar 5 2018 // XL Group’s CEO Mike McGavick has issued the following statement to clients and brokers in response to today’s announcement that XL has entered into an agreement to be acquired by French insurer AXA.Dear Valued...
Mar 4 2018 // AXA SA agreed to buy XL Group Ltd. for $15.3 billion in cash, seeking to capture a bigger slice of the U.S. property and casualty market as premiums rise after last year’s natural disasters.The French insurer is...
Mar 2 2018 // XL Catlin’s insurance operations announced it has appointed Elie Hanna as head of Central Broker Management. He reports to Philippe Gouraud, head of Strategic Client and Broker Management, Insurance.Based in London,...
Feb 27 2018 // XL Catlin has launched Protect and Assist, an accident and health insurance solution designed to help Australian businesses protect their people and meet their duty of care in the face of emerging risks and heightened...
Feb 22 2018 // XL Catlin has appointed Claudia Thyme to the role of director, Emerging Markets Development. In this role, Thyme will contribute to XL Catlin’s emerging market strategies, with a particular focus on Latin...
Feb 22 2018 // French insurer AXA posted higher-than-expected 2017 net profits and stronger earnings in the United States, ahead of the planned flotation of its American life insurance and asset management businesses in the second...
Feb 21 2018 // AXA announced it had entered into an agreement with Mr. Elkhan Garibli to sell all AXA’s insurance operations in Azerbaijan. Under the terms of the agreement, Garibli would acquire 100% of the non-life entity (AXA...
Feb 16 2018 // XL Catlin announced the appointment of Phil Xue as chief executive officer (general manager) of XL Insurance (China) Co. Ltd.The appointment is pending regulatory approval. Xue will also act as country manager for XL...