Latest AXA XL Headlines

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

XL Catlin to Buy Australian Underwriting Agency Brooklyn

Sep 16 2016 // Specialist insurer XL Catlin has agreed to acquire Australia’s Brooklyn Underwriting from Paul Hines. Brooklyn is an underwriting agency in Australia and a Lloyd’s approved coverholder, that has been operating...

Liberty Mutual’s Agatep Named Underwriting Chief for XL Catlin’s New Accident, Health Business

Sep 12 2016 // Ronnell Agatep has joined XL Catlin’s global retail Accident & Health (A&H) insurance business as its global head of underwriting. Based in New York, Agatep assumes this newly-created role to drive product...

XL Catlin Hires Agatep in New York

Sep 12 2016 // XL Catlin has hired Ronnell Agatep as global head of underwriting in its newly launched global retail accident and health insurance business.The firm’s new business aims to help corporate clients safeguard their...

XL Catlin Names Tennant Pollock as VP, Emerging Markets

Sep 6 2016 // XL Catlin has named Lauren Tennant Pollock as vice president, Emerging Markets, based in New York. She will work with XL Catlin’s Emerging Markets team providing reinsurance and insurance to developing regions across...

AXA Weighs 650 Belgium Job Cuts in ‘Transformation’ to Strengthen Unit

Sep 6 2016 // AXA SA is considering cutting 650 jobs in Belgium over the next two years, as Europe’s second-largest insurer overhauls its range of products sold in the country.AXA Belgium has presented the plan to unions Monday,...

AIG, Chubb, XL Group Lead in U.S. Cyber Coverage Market Share: Fitch Ratings

Sep 6 2016 // The U.S. property/casualty insurance industry generated $1 billion in direct written premium volume for cyber insurance in 2015. American International Group (AIG), Chubb and XL Group led the market, according to Fitch...

XL Catlin Updates Active Assailant Cover to Include Use of Road Vehicles in Attack

Aug 31 2016 // XL Catlin announced it has updated the wording of its “Active Assailant” coverage to include the use of road vehicles in an attack.Stephen Ashwell, XL Catlin’s chief underwriting officer for Crisis...

Sompo Canopius Launches U.S. Ocean Marine Unit; Hires XL Catlin’s Ellis to Head

Aug 31 2016 // Sompo Canopius AG is diving into the U.S. ocean marine business. The global specialty insurer and reinsurer, which is wholly-owned by Sompo Japan Nipponkoa Insurance Inc., calls this a “significant expansion”...

XL Catlin Names Chow as Senior U/W, Political Risk & Trade Credit, Asia Pacific

Aug 25 2016 // XL Catlin’s insurance operations announced the appointment of Bonnie Chow as senior underwriter, Political Risk and Trade Credit insurance for Asia Pacific. She will be based in Sydney.Chow has over 20 years’...

Allianz, AXA Bid for Rights to Sell Products via StanChart Outlets in Asia: Sources

Aug 18 2016 // Allianz SE, Europe’s biggest insurer, and France’s AXA SA were among first-round bidders for the rights to distribute general insurance products through Standard Chartered Plc outlets in Asia, according to...

AXA to Sell Its Romanian Life & Savings Operations to Vienna Insurance Group

Aug 4 2016 // AXA said it has entered into an agreement with Vienna Insurance Group to sell its life & savings insurance operations in Romania and exit the Romanian market.Under the terms of the agreement, Vienna Insurance Group...

AXA H1 Net Income Rises 4% to $3.6B as L&H Earnings Offset Cat Losses

Aug 3 2016 // AXA SA, France’s biggest insurer, said first-half profit rose 4 percent as increased earnings from life and health insurance helped offset higher claims from natural catastrophes.Net income climbed to 3.2 billion...

AXA, Alibaba and Ant Financial Services Form Global Strategic Partnership

Jul 29 2016 // AXA, Alibaba and Ant Financial Services have formed a global strategic partnership to explore opportunities to distribute AXA’s insurance products and services through Alibaba’s global e-commerce platforms.The...

XL Group Completes Relocation of Domicile to Bermuda

Jul 27 2016 // XL Group Ltd. announced it has completed its redomestication to change the place of incorporation of the ultimate parent holding company to Bermuda from Ireland.As previously announced, the name of the new holding company...

XL Catlin Opens Unit in Africa to Write Facultative and Treaty Reinsurance

Jul 19 2016 // XL Catlin has established a new Reinsurance Unit focused on providing facultative and treaty reinsurance across Africa.Leading the team is Alex St James who has been appointed as head of Africa for XL Catlin’s...

Allianz Names XL Catlin’s Posner Senior Underwriter for Terrorism Insurance in North America

Jul 14 2016 // Allianz Global Corporate & Specialty (AGCS) reported that Adam Posner has been named senior underwriter for Terrorism & Political Violence insurance.Posner will be based in New York and he will report directly to...

AXA to Sell Serbian P/C and Life & Savings Units to Vienna Insurance

Jul 7 2016 // AXA announced it has entered into an agreement with Vienna Insurance Group to sell both its Life & Savings and Property & Casualty operations in Serbia and exit the Serbian market.Under the terms of the agreement,...

XL Catlin Adds Levesque as Sr. Underwriter for Marine Business in Chicago

Jul 1 2016 // Janelle Levesque has joined XL Catlin as a senior marine underwriter. She is based in Chicago. Levesque is responsible for inland marine business in the Midwest region, which includes Illinois, Wisconsin, Michigan, Ohio,...

XL Catlin Marine Business Unit Adds 3 in San Francisco

Jul 1 2016 // XL Catlin hired Frank Basich as senior member of the XL Catlin marine underwriting team in San Francisco.Basich is responsible for inland marine business in the western states, exercising his 25-plus years of experience...

Langenegger Joins XL Catlin in Dallas

Jul 1 2016 // Shawn Langenegger has joined XL Catlin’s marine business unit in Dallas. He has 13 years of industry experience and joins from Allianz Global Corporate where he was inland marine team leader for the New Orleans,...