All the headlines from our AXA XL Topic Page, ordered by recency.
Oct 13 2017 // French insurer AXA has been approached by a number of players interested in doing a deal with its asset management arm, but continues to regard the business as a strategic asset, the unit’s chief executive said in an...
Oct 12 2017 // XL Group Ltd. announced its preliminary estimate of net losses of approximately $1.48 billion from third quarter natural catastrophes.Included within that figure is $1.33 billion in losses relating to Hurricanes Harvey,...
Oct 2 2017 // XL Catlin’s internal innovation team, Accelerate, announced it is working with Cytora, a UK-based insurtech startup that uses artificial intelligence (AI) and open source data to improve the way insurers quantify,...
Sep 22 2017 // XL Catlin’s insurance operation in Iberia announced new local underwriting capabilities with the appointment of Santiago Herrero as head of Political Risk, Credit & Bond (PRCB) – Iberia.Herrero will be...
Sep 21 2017 // AXA has talked to BNP Paribas and Natixis in its search for a partner for its fund management arm, aiming to build a business with at least 1 trillion euros ($1.2 trillion) of assets under management, sources familiar with...
Sep 20 2017 // XL Catlin has added two optional coverages to its professional liability insurance for architects, engineers and other design businesses in Canada: employment practices liability (EPL) Insurance and cyber insurance...
Sep 20 2017 // XL Group is the latest property/casualty insurer to make plans to move its European insurance company headquarters from the United Kingdom in response to its vote to leave the European Union.The insurer and reinsurer...
Aug 31 2017 // XL Catlin has added two new enhancements to its professional liability insurance for architects, engineers and other design professionals in the US, including an expanded professional services definition and Principal...
Aug 30 2017 // Banks are increasingly turning to insurance to protect their capital from “operational risks” like cyber attacks and rogue traders, and insurers say they can help safeguard lenders by providing an extra layer...
Aug 18 2017 // XL Catlin announced the appointment of Louise Piper as UK Client and Distribution director, effective Sept. 1, 2017. In this role, Piper will be responsible for working with brokers and clients to ensure that XL Catlin...
Aug 15 2017 // Brit Ltd. has appointed Tom Bongi as executive vice president of Professional Lines at Brit Global Specialty USA. Bongi is responsible for establishing and developing Brit’s Professional Lines portfolio in the U.S....
Aug 3 2017 // AXA reported a stronger than expected rise in net profit for the first half of the year, helped by higher asset management and property and casualty earnings, and by lower restructuring costs.Europe’s second largest...
Aug 2 2017 // XL Catlin announced it has launched its Cyber and Data Protection insurance policy in Asia Pacific.With cyber risk ranking in the top 10 in today’s emerging risks, the new policy is designed to protect businesses...
Jul 27 2017 // XL Catlin has introduced CyberRiskConnect, a new policy form to address the expanding exposures of cyber and technology risks.According to John Coletti, chief underwriting officer for XL Catlin’s Cyber &...
Jul 25 2017 // Uber and insurance group AXA have joined forces in France to offer accident cover for drivers who work for the ride hailing service after it faced criticism over their treatment.In France, as in other countries, Uber has...
Jul 17 2017 // XL Catlin announced the appointment of Ashish Umre as Accelerate partner, Artificial Intelligence (AI), based in London.Accelerate is XL Catlin’s internal disruption and innovation team, which was established in...
Jul 12 2017 // XL Catlin’s insurance operations announced the appointment of Sonja Ochsenkuehn as head of Global Programs with worldwide responsibility.Ochsenkuehn’s remit is to drive the network performance and best in class...
Jul 11 2017 // AXA SA and Burberry Group Plc are joining an array of companies committing to going green.Burberry expects to source all of its electricity from clean energy by 2022, while Copenhagen-based international brewing company...
Jun 27 2017 // XL Catlin is continuing to expand its inland marine field operations with the recent addition of Maria Klein as a senior underwriter in Baltimore, Md.“For the last several years, we’ve been expanding our...
Jun 27 2017 // XL Catlin has entered into an exclusive underwriting agreement with The McGowan Companies to provide workplace violence insurance to U.S. businesses.Nearly two million American workers are victims of workplace violence...