All the headlines from our AXA XL Topic Page, ordered by recency.
Feb 14 2018 // XL Group Ltd., the insurer with about $38 billion of investments, is reducing its exposure to hedge funds, Chief Executive Officer Mike McGavick said.“We still do see some value there, but at this time we’ve...
Feb 13 2018 // XL Catlin’s insurance operations announced that Tim Powell has been promoted to chief underwriting officer for international financial lines (IFL), effective March 1.Powell will be responsible for the underwriting...
Feb 7 2018 // Bermuda-based insurer XL Group Ltd. is attracting interest from rivals including Allianz SE of Germany, according to people with knowledge of the matter.Interest from insurers in potentially acquiring XL, which had a...
Feb 7 2018 // XL Catlin announced the promotion of Mike MacColl to the position of global practice leader for Hull with immediate effect. Previously, MacColl held the role of head of Hull for the UK. MacColl takes on the role from Mike...
Feb 7 2018 // XL Catlin has enhanced its online P&B aviation insurance platform, VB Bind Speed, with added, instant servicing options for brokers.According to Eric Donofrio, North America regional manager of XL Catlin’s...
Jan 26 2018 // Private property below ground in New York and Mumbai may not be insurable in the next decade if climate change advances, the head of one of Europe’s largest insurers said.“If you go much further to 2020, 2030,...
Jan 22 2018 // XL Group Ltd. in mid-January announced preliminary estimates of natural catastrophe net losses of roughly $45 million related to the recent wildfires in Southern California and $20 million related to other events.The...
Jan 11 2018 // XL Group Ltd. on Wednesday announced preliminary estimates of natural catastrophe net losses of roughly $45 million related to the recent wildfires in Southern California and $20 million related to other events.The...
Jan 5 2018 // XL Group Ltd. announced that Jacob Rosengarten, group chief enterprise risk officer, retired effective Dec. 31, 2017. Fielding (Fid) Norton, who previously held the position of deputy chief enterprise risk officer, has...
Jan 2 2018 // XL Catlin’s North America has launched a new product from its marine insurance business specifically designed for marine contractors in the U.S. The new XL Catlin’s marine contractor insurance includes...
Dec 11 2017 // French President Emmanuel Macron this week will seek to breathe new life into the fight against global warming and sway debate away from skeptics of the process led by U.S. President Donald Trump.At a series of events in...
Dec 4 2017 // Woodruff-Sawyer & Co. has named Brendan Williams its Southern California practice leader.Williams will be assuming leadership of the Southern California region in early 2018 upon the retirement of Ron Packouz, founder...
Nov 20 2017 // XL Catlin has appointed Farzina Coladon as underwriter, fine art and specie (FAS) in Canada. Coladon is responsible for underwriting fine art, jewelers block and general specie insurance across Canada.Based in Toronto,...
Nov 14 2017 // French insurer AXA will narrow its acquisition focus to 16 key countries and could sell some assets in markets where it lacks scale, its executives said on Tuesday.“We want to focus on fewer countries. We want to...
Nov 14 2017 // AXA Group announced it is simplifying its operating model by creating five global geographies: France, Europe, the U.S., Asia, and International.In addition, it has created a single, refocused Corporate Center, which is...
Nov 2 2017 // XL Catlin’s Global Excess Casualty has named Joel J. Konczal as assistant vice president and underwriting manager for Northwest excess casualty. He will be based in San Francisco, Calif. and report to Matthew...
Oct 30 2017 // Specialist insurer Beazley continues to build its international specialty lines team, with the appointments of Estefania Taboada and Ana Misol as financial lines underwriters in Barcelona.Their appointments follow the...
Oct 27 2017 // XL Catlin’s insurance operations announced the appointment of Max Broodryk as product leader of Cyber Risk, International Financial Lines for Asia Pacific, based in Sydney. In this role, Broodryk will be responsible...
Oct 25 2017 // XL Group reported losses exceeding $1 billion for the 2017 third quarter, blaming Hurricanes Harvey, Irma and Maria for the results.The net loss of $1.04 billion for Q3 amounted to negative-$4.06 per fully diluted share,...
Oct 23 2017 // Insurers are considering raising premiums for tall buildings in Britain with flammable cladding panels and no sprinklers or even excluding related risks following the Grenfell fire in London earlier this year.Inquiries...