Latest AXA XL Headlines

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

MEMIC Names XL Catlin’s Gonnella VP of Claims for Atlantic, Northeast

Jun 29 2016 // Workers’ compensation insurer The MEMIC Group has appointed Gus Gonnella to the position of vice president of Claims for the Atlantic and Northeast regions. In his more than 23 years of experience in the insurance...

XL Group’s Shareholders Approve Move to Bermuda from Ireland

Jun 24 2016 // XL Group plc announced that its ordinary shareholders have approved a scheme of arrangement that will change the place of incorporation of the ultimate parent holding company to Bermuda from Ireland, which is expected to...

AXA Awaits Result of Brexit Vote Before Building London’s Tallest Tower

Jun 21 2016 // AXA SA’s real estate unit is awaiting the outcome of the Brexit referendum before deciding whether to proceed with a plan to build the tallest tower approved in the City of London.“We have not launched the...

AXA Plans $2.4B in Cost Cuts by 2020; Acquisitions Eyed for Growth

Jun 21 2016 // AXA SA, France’s largest insurer, plans to increase profitability through 2020 by seeking 2.1 billion euros ($2.4 billion) of cost cuts and growing digital investments to tap rising demand for policies protecting...

XL Catlin Launches Wholesale Contractors’ Pollution, Professional Coverage

Jun 15 2016 // XL Catlin’s North America Environmental insurance business has introduced a new wholesale pollution and professional insurance policy designed to help U.S. trade contractors address their contractual obligations to...

AXA’s CEO de Castries Predicts ‘Extremely High’ Probability of ‘Brexit’

Jun 14 2016 // There is an “extremely high” probability that the U.K. will vote to leave the European Union and investors will face “a true landscape of uncertainties,” AXA SA Chief Executive Officer Henri de...

XL Catlin Names Haynes as Senior U/W, International Casualty, Asia

Jun 13 2016 // XL Catlin has appointed Lloyd Haynes as senior underwriter, International Casualty, covering the Asia Pacific market, based in Singapore.Haynes has worked in the insurance industry for more than 10 years. He joins XL...

XL Catlin Names Chubb’s Oh as President of E&S Business in U.S.

Jun 13 2016 // XL Catlin has appointed Stephen S. Oh to lead its Excess & Surplus (E&S) business. As president of XL Catlin’s multi-line E&S operation in the U.S., he will direct regional underwriting operations,...

XL Catlin Launches Team to Focus on Alternative Risk Transfer Products

Jun 9 2016 // XL Catlin’s insurance operations has launched a new team to focus on alternative risk transfer and non-traditional insurance globally.The team, named Structured Risk Solutions (SRS), is a dedicated global...

Nexus Signs 3-Year Capacity Deal with XL Catlin to Write Financial Lines in Asia

May 31 2016 // Nexus Underwriting, the independent specialty managing general agent (MGA), has signed a three year underwriting capacity deal with XL Catlin in Asia through XL Insurance Co. SE.Through its new branch based in Hong Kong,...

XL Catlin Adds Rectification Expense Coverage to Contractors’ Policies

May 27 2016 // XL Catlin’s Environmental insurance business has added new protection to its Contractor’s Professional and Pollution Legal Liability insurance to help contractors and environmental consultant clients absorb the...

AXA Sells SunLife, Names Top Team Including Harlin as CFO, Olivier to Lead P/C

May 27 2016 // AXA SA sold its SunLife unit in the U.K. to Phoenix Group Holdings and announced the top-management team that will work with incoming Chief Executive Officer Thomas Buberl when he takes the helm in September.Gerald Harlin...

Long Named Marketform’s Claims Director, Moving from XL Catlin

May 26 2016 // Marketform, the specialist Lloyd’s insurer, announce it has appointed Sharon Long to its executive team as claims director.Long’s appointment further strengthens the new leadership team that is driving the...

XL Catlin, A.J. Gallagher to Offer ‘Lifestyle’ Coverage for Art Collectors in New York

May 25 2016 // XL Catlin and A.J. Gallagher have formed an exclusive underwriting agreement to offer a lifestyle insurance program for young and new art collectors in New York City. The policy, known as “Five for Five”,...

Beazley Expands Environmental Team in U.S. with XL Catlin, AIG, Ironshore Hires

May 24 2016 // Specialist insurer Beazley has made several senior hires to expand its environmental liability insurance team in the U.S. The Beazley environmental team now has 20 associates across the U.S., with local underwriting and...

XL Catlin Hires Newick as Leader for Energy, Property & Construction Claims

May 23 2016 // XL Catlin announced the strengthening of its insurance claims team with the appointment of Oliver Newick to the position of global practice leader for Energy, Property & Construction Claims.Newick joins XL Catlin from...

AXA to Stop Investing in Tobacco, Divesting $2B of Assets in that Industry

May 23 2016 // AXA SA, France’s largest insurer, said it will stop investing in tobacco and divest all of its 1.8 billion euros ($2 billion) of assets in the industry.AXA will sell about 200 million euros of stock in tobacco...

McGovern Leaving Lloyd’s as CRO to Join XL Group as Chief Compliance Officer

May 19 2016 // XL Group plc announced it has appointed Sean McGovern as chief compliance officer, head of Regulatory & Government Affairs, moving from Lloyd’s of London where he is chief risk officer and general counsel.In this...

XL Catlin Enhances Professional Liability Insurance for Small A&E Firms

May 17 2016 // XL Catlin’s design professional insurance business has increased the limits of its smartADVANTAGE professional liability insurance policy and improved policy terms for architectural and engineering firms in the U.S....

XL Catlin Strengthens Global Energy Team with 4 Senior Appointments

May 13 2016 // XL Catlin’s insurance operations announced it has strengthened its energy team globally with four senior hires: Wayne Jacobson, Joseph Tina, Helen Watkinson and Denise Dass-Hewitt.In the Americas, XL Catlin has...