Latest AXA XL Headlines

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

XL Catlin Expands Data Breach Response Specialists Network

Jun 29 2015 // XL Catlin’s Cyber & Technology insurance business in North America is adding additional computer forensic and legal resources to its network of breach response specialists to help clients respond to breach...

Blenkinsopp Named XL Catlin’s Chief Underwriting Officer, Political Risk Team

Jun 25 2015 // XL Catlin announced the promotion of Joe Blenkinsopp to the position of chief underwriting officer for its Political Risk and Trade Credit (PRTC) team.Blenkinsopp assumes the role with immediate effect, having previously...

XL Catlin Launches 24/7 Product Recall Crisis Network in Asia

Jun 9 2015 // XL Catlin announced that its product recall insurance team in Asia has launched “Response XL Catlin,” a tailored network of expert crisis consultants, which will be supported in the region by global...

AXA Plans to Sell Coal Assets, Citing Concerns About Climate Change

May 22 2015 // France’s largest insurer will scrap holdings in coal companies because of concerns about climate change, broadening support for the fossil-fuel divestment movement to a major mainstream investor.AXA SA Chief...

AXA to Acquire Large Commercial Risks Subsidiary of SulAmérica

May 22 2015 // AXA announced it has entered into an agreement with SulAmérica SA to acquire 100 percent of its large industrial and commercial risks insurance subsidiary, SulAmérica Companhia de Seguros Gerais, for 135 million...

XL Launches Stand-Alone Automotive Parts Recall Policy

May 12 2015 // XL Group has launched a stand-alone automotive parts recall policy, a tailored product designed for suppliers in the automotive industry. The policy delivers a choice of coverage to respond to the increased exposures and...

AXA ART Makes Executive Changes; CFO Joins Board

May 8 2015 // AXA ART Versicherung AG announced shifts in the roles of its global executive management team, including the addition of a Chief Financial Officer at the executive board level.The announcement said the current CFO, Jean...

XL Catlin Unified Brand Launched With Global Marketing Campaign

May 5 2015 // Following the completion of XL Group plc’s acquisition of Bermuda-based Catlin Group Limited on May 1, XL and Catlin have officially joined operations and launched a new brand, XL Catlin. A new global marketing...

Statement of XL CEO McGavick on Closing of Merger with Catlin

May 1 2015 // XL Group plc CEO Mike McGavick has issued the following statement upon the closing of the acquisition of the Catlin Group by XL.Dear Valued Partner: On behalf of Stephen Catlin and myself, I’m proud to let you know...

XL Group Introduces New Environmental Excess Policy Form

Apr 20 2015 // XL Group’s Environmental insurance business has created a new excess insurance policy to provide clients and brokers in the U.S. and Canada with a simplified way to buy an additional layer of environmental insurance...

XL Launches Stand-Alone Auto Parts Recall Policy

Apr 15 2015 // XL Group announced the launch of a stand-alone automotive parts recall policy, a tailored insurance solution designed for suppliers in the automotive industry. The policy delivers a choice of coverage to respond to the...

AXA Strategic Ventures Invests in ‘Big Data’ Startup Company, Evercontact

Apr 9 2015 // AXA Strategic Ventures* has made a $1 million investment in the French tech startup company Evercontact, a cloud service that extracts contact information in emails and shares and updates them automatically.With more than...

XL Launches Security Insight Platform to Identify Global Business Risks

Apr 7 2015 // XL Group’s kidnap & ransom underwriting team has announced the launch of its new Global Security Insight (GSI) platform.Created and frequently updated by Salamanca Group, the merchant banking and operational risk...

AXA Says Nigeria Election Process Will Benefit Overall African Economy

Apr 7 2015 // AXA SA, the largest foreign insurer active in Nigeria, sees the peaceful manner in which the country is handling its first transition in political power in decades as supporting economic growth in the country and...

AXA: Tighter Capital Rules on Too-Big-to-Fail Insurers May Threaten Recovery

Apr 6 2015 // AXA SA, France’s biggest insurer, said plans to impose tighter capital rules on too-big-to-fail insurers will pose a new hurdle to European growth and do little to bolster financial stability.Insurance companies...

XL Group Creates Venture Capital Fund, XL Innovate; Hutton Named as Head

Apr 2 2015 // XL Group plc announced the creation of XL Innovate, an XL-sponsored venture capital initiative. The new fund will be led by Tom Hutton, a past director of XL who has a history of creating successful insurance and financial...

AXA Sees Opportunity in Abandoned London Skyscraper, the Pinnacle

Mar 18 2015 // When work halted on the Pinnacle tower in the City of London, most investors saw little more than an abandoned site. AXA Real Estate Investment Managers viewed it as an opportunity.“The foundation exists at this...

XL Group’s E&S Insurance Adds Miller in Chicago to Launch New Auto Product

Mar 6 2015 // XL Group’s Excess & Surplus (E&S) insurance team is expanding, adding Andrew Miller as underwriting manager for its newest product line, primary auto.Miller joins XL Group’s Chicago office with more...

XL Launches Primary Auto Product Line, Taps Miller to Lead

Mar 5 2015 // XL Group’s excess & surplus (E&S) insurance is adding primary auto capabilities to its product line and has added Andrew Miller as underwriting manager to lead this business.According to John Goodloe,...

AXA Posts 12% Increase in 2014 Profit Led by Life & Savings Division

Feb 25 2015 // AXA SA, France’s largest insurer, reported a 12 percent jump in full-year profit, buoyed by its life and savings division. The shares rose.Net income climbed to 5.02 billion euros ($5.7 billion) from 4.48 billion...