Latest AXA XL Headlines

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

People Moves: Tokio Marine HCC Expands Product Recall Offering With 2 Hires From AXA XL; London P&I Club’s CEO Gooch to Step Down, Succeeded by Bean

May 13 2024 // This edition of International People Moves details appointments at Tokio Marine HCC – Specialty Group and The London P&I Club.A summary of these new hires follows here. Tokio Marine HCC Expands Product Recall...

People Moves: AXA XL Promotes O’Malley as Chief Client & Distribution Officer, Americas; GC&C Taps Puerta From QBE as Head of Mediterranean & Latin America

May 6 2024 // This edition of International People Moves details appointments at AXA XL and Generali Global Corporate & Commercial (GC&C).A summary of these new hires follows here. AXA XL Promotes O’Malley as Chief Client...

AXA’s Q1 Revenues Rise 6%, Led by P/C Business Growth

May 3 2024 // AXA, Europe’s second-largest insurer, reported a 6% increase in total revenue during the first quarter to €34 billion ($36.4 billion), compared with €31.8 billion ($34.1 billion) in Q1 2023.The increase in Q1...

AXA, Apollo’s Athora Scrap Life-Insurance Deal in Germany

May 3 2024 // Athora Holding Ltd., an insurance affiliate of Apollo Global Management Inc., and AXA SA have terminated a deal to transfer life insurance policies in Germany almost two years after announcing it.The deal was meant to...

People Moves: Canopius Hires CUO and CFO in Bermuda From Validus and AXA XL; MS Amlin Taps HDI’s Healy as Head of Property & Crisis Management Claims

May 2 2024 // This edition of International People Moves details appointments at global specialty re/insurers Canopius and MS Amlin.A summary of these new hires follows here. Canopius Hires CUO and CFO in Bermuda From Validus and AXA...

Markets/Coverages: AXA XL’s Bermuda Professional Lines Team Enhances D&O Policy

Apr 11 2024 // AXA XL’s Bermuda Professional Lines Team has launched a new lead difference-in-conditions (DIC) directors and officers liability policy.“AXA XL is one of the largest D&O insurers in the North American...

Construction-Focused MGA, Phoenix Specialty, Launches With Capacity From AXA UK

Apr 9 2024 // Acies MGU, the London-based managing general underwriter and MGA incubator, announced the launch of Phoenix Specialty, a specialist MGA serving the construction sector.Phoenix will be led by managing director Tim James,...

Markets/Coverages: AXA XL’s U.S. Mid-Market Insurance Business Expands GL Coverage

Apr 4 2024 // AXA XL’s U.S. Mid-Market insurance business is extending its general liability coverage for mid-sized businesses with its new XL Plus broadening endorsement, offering more than two dozen expanded protections.The XL...

­­­­­­­AXA Plans Cyber Risk Prevention Campaign Ahead of Paris Olympics

Apr 3 2024 // AXA SA is planning a campaign to help prevent cyberattacks targeting France in the run-up to the Paris Olympics next summer. The insurer will share key measures with French corporate clients to improve the protection of...

People Moves: AXA XL Promotes Cole to Global Chief Underwriting Officer for Marine; DUAL’s Specialist Motor MGA KGM Names Astin as Managing Director

Mar 27 2024 // This edition of International People Moves details appointments at AXA XL and DUAL’s specialist motor MGA KGM.A summary of these new hires follows here. AXA XL Promotes Cole to Global Chief Underwriting Officer for...

People Moves: QBE Promotes Shallow to Executive Director for International Markets; DUAL UK Taps Allianz’s Dixon as CUO, AXA’s Corner as Chief Distribution Officer

Feb 26 2024 // This edition of International People Moves details appointments at QBE’s International Markets division and Howden’s DUAL.A summary of these new hires follows here. QBE Names Shallow to Executive Director for...

AXA’s 2023 Earnings Miss Forecasts on Higher Costs, Lifts Dividend 16%

Feb 22 2024 // France’s AXA, Europe’s second-biggest insurer, pledged on Thursday to deliver higher earnings and returns to shareholders by 2026 by growing its client base, automating processes and reducing labor costs.The...

People Moves: Lockton Names Goldenberg Executive Vice President, Operations; Elder Promoted to Global CUO, Specialty at AXA XL

Feb 21 2024 // Lockton, headquartered in Kansas City, Missouri, named Steve Goldenberg executive vice president, operations. He will be based in Kansas City and lead strategic initiatives, recruit talent, and build innovative solutions....

AXA’s CEO Buberl Wants to ‘Scale Up’ Corporate Business

Feb 8 2024 // AXA SA’s Chief Executive Officer Thomas Buberl says he intends to “scale up” the firm’s business insuring corporate risks in the next phase of the firm’s growth.“In a highly volatile and...

People Moves: AXA XL Names Chia Cyber CUO, Americas; Chubb Appoints Gillston Head of North America Industry Practices; Sheckells to Lead Alera HR Team

Feb 1 2024 // AXA XL Names Chia Cyber as Chief Underwriting Officer in the AmericasAXA XL named Michelle Chia as chief underwriting officer for cyber in the Americas. Based in New York, Chia assumes her new role on Feb. 12. Chia joins...

Markets/Coverages: Insurtech BOXX Partners With AXA to Offer Cyber Risk Mitigation for Small Businesses

Jan 30 2024 // BOXX Insurance, the Toronto-based cyber insurtech and managing general agent, has announced the launch of a cyber risk mitigation solution in collaboration with AXA, aimed at providing crucial support to small...

AXA Weighs $1.1B Disposal of European Protection Insurance Businesses: Sources

Dec 7 2023 // AXA is considering selling some of its protection insurance businesses across Western Europe in a deal that could be worth up to 1 billion euros ($1.1 billion), two people close to the matter told Reuters.The French...

People Moves: AXA XL Names Gerbaud as CUO for APAC & Europe; Trium Cyber Names Aspen’s Signorelli as MD of Int’l Operations

Nov 8 2023 // This edition of International People Moves details appointments at AXA XL and Trium Cyber.A summary of these new hires follows here. AXA XL Names Gerbaud as CUO for APAC & EuropeAXA XL Insurance announced that Adias...

Tech Update: AXA XL Launches Solution to Evaluate and Manage Water Risks

Oct 31 2023 // AXA XL Risk Consulting announced the launch of its Water Impact and Sustainability Evaluation (WISE) tool – a remote, customizable solution which helps risk managers to understand, evaluate and act on water risks.Amid a...

Threat of Haywire Artificial Intelligence Prompts Calls for Development Pause, AXA Says

Oct 31 2023 // Governments are ill-prepared for the hazards brought on by artificial intelligence and development should be paused, according to a new survey of risk specialists by insurance company AXA SA.Only 7% of almost 3,500 risk...