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