Latest AXA XL Headlines

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

XL Group Adds Fleet Safety Service to Construction Insurance

Nov 21 2014 // As nearly half of all construction fatalities involve a vehicle, XL Group North America Construction has added fleet safety training services to its construction insurance business in collaboration with Issaquah,...

XL Group Offers Pre-qualification Service for Subcontractor Default Insureds

Nov 13 2014 // XL Group’s North America Construction team has added a new pre-qualification benchmarking service for Subcontractor Default Insurance (SDI) clients to make sure contractors have the right process in place to select...

XL Group Unveils Enhanced Yacht Insurance

Nov 6 2014 // XL Group has launched enhancements to its yacht insurance program, providing increased coverage for Search & Rescue, stolen boat reward, ship’s cash and continued coverage for crew, which the company unveiled at...

XL Group Appoints New Technical Officer of Brazil Unit

Nov 4 2014 // XL Group has appointed Thisiani Matsumura Martins as technical officer of its insurance operation in Brazil, subject to approval by the local supervisory authority. She succeeds Juan Bragadin, who will continue working...

Hedge Funds Need to Be Wary of Push Into Catastrophe Risks: XL Group

Nov 3 2014 // McGavick joins Franklin Montross, the CEO of Berkshire Hathaway Inc.’s General Re, and Ace Ltd.’s Evan Greenberg in saying that new sources of capital may not appreciate how much can go wrong in weather-related...

XL Group’s Operating Net Income Increases During Q3

Oct 28 2014 // XL Group plc, headquartered in Dublin, reported operating net income of $187.1 million, or $0.70 per share, for the third quarter, compared to operating net income of $154.6 million in last year’s third quarter...

XL North America P/C Names Nadeau As Chief Operating Officer

Oct 24 2014 // XL Group’s North America Property & Casualty (NAPC) insurance business has promoted Donna Nadeau to the position of chief operating office, reporting to Joe Tocco, NAPC chief executive. Nadeau previously served...

AXA CFO Says Euro’s Decline Against Dollar to Help Earnings

Oct 24 2014 // AXA SA’s Chief Financial Officer Gerald Harlin said the euro’s decline against the dollar should help earnings in coming quarters as France’s largest insurer posted nine-month sales that were little...

XL Group Adds Kidnap, Ransom & Extortion to Yacht Insurance

Oct 15 2014 // XL Group is adding a Kidnap, Ransom & Extortion Crisis (KRE) endorsement to its existing ShipShape and ShipShape Plus recreational marine insurance coverages, with limits up to $50 million.Under the new endorsement,...

XL Group Adds Smelser to North America Property Team in Dallas

Sep 30 2014 // XL Group announced the addition of Jay E. Smelser to its North America property insurance team as South Central regional leader, based in Dallas.Smelser reports to Senior Vice President and Head of North America General...

XL Launches Regional E&S Insurance Operation with Ex-Scottsdale Underwriters

Sep 15 2014 // XL Group has launched a regional underwriting operation in Scottsdale, Ariz. to offer brokers and clients in the Western U.S. more direct access to its excess and surplus insurance coveragesThe experienced underwriting...

XL Group, Munich Re, New Energy Risk Provide Insurance for Fuel Cell Project

Sep 12 2014 // XL Group’s Complex Accounts unit, Munich Re’s Green Tech Solutions team, and consultants New Energy Risk (NER), have teamed up to deliver a performance insurance policy for a portfolio of fuel cell servers...

XL Group Appoints Latham to Strengthen Captive Programs

Sep 10 2014 // XL Group announced the appointment of Matthew Latham as Head of Captive Programs, in a move which strengthens the Group’s offering to clients with captives.Jason Harris, Chief Executive, International Property &...

XL Group Expands Marine Team on West Coast

Sep 4 2014 // XL Group has added Mikki K. Williams as regional vice president and Bruce Pichon as inland marine manager to its North America Marine business’ West Region.Based in Los Angeles, Pichon reports Williams, who will be...

XL Group Strengthens Financial Lines Team in Switzerland

Sep 4 2014 // XL Group announced that it has reinforced its team in Switzerland in “response to the growing needs of multinational companies for Financial Lines coverage.” XL announced the enhancement of the team handling...

How Insurance Can (or Can’t) Help You – a True Story

Aug 29 2014 // When it comes to personal lines insurance there are really only two attachment points – acquiring the policy and making a claim. The first is fairly simple, although less so if you happen to be a young driver. It’s...

Kretiv Joins XL Group Distribution & Network Team in Dallas

Aug 19 2014 // XL Group’s North America distribution and network team has added Michael Kretiv as vice president and client distribution leader. Based in XL’s Dallas office, Kretiv reports to Wayne Speeg, XL Group’s...

AXA to Buy $450 Million Stake in U.K. Mall from Land Securities

Aug 13 2014 // AXA SA’s property unit agreed to buy a 50 percent stake in a shopping mall and other assets in the English city of Bristol from Land Securities Group Plc for £267.8 million ($450 million).The purchase of Cabot...

XL Group’s Trade Receivables Insurance Team Grows in US and UK

Aug 12 2014 // XL Group announced that it is addressing “businesses’ growing interest in Trade Receivables Insurance (TRI),” with the addition of “underwriting resources with the appointments of Jennifer...

AXA First-Half Profit Rose 22%, Led by Life & Savings Unit

Aug 1 2014 // AXA SA, France’s largest insurer, said first-half profit rose 22 percent, buoyed by improved earnings from selling life insurance and savings products.Net income rose to €3 billion ($4 billion) from €2.47 billion...