Latest AXA XL Headlines

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

XL Group Posts $279.3 Million Q2 Net Loss; $279.6 Operating Income

Jul 29 2014 // The XL Group announced that its operating net income for the second quarter of 2014 was $279.6 million, or $1.02 per share, which produced “a net loss attributable to ordinary shareholders of $279.3 million including...

XL Group Launches Cyber Liability Coverage in Brazil

Jul 22 2014 // After last month’s launch of its cyber liability including professional indemnity coverage for technology companies, XL Group has announced “the launch of a second, more general cyber risks insurance solution...

Best Takes Rating Actions on AXA Financial, Certain Subsidiaries

Jul 21 2014 // A.M. Best has revised the outlook of the issuer credit ratings (ICR) to stable from negative and affirmed the ICR of “a-” and debt ratings of New York-based AXA Financial, Inc., and has revised its outlook on...

Schmitz to Head XL Group’s Global Property Risk Engineering

Jul 16 2014 // XL Group has appointed Dave Schmitz to lead its global Property Risk Engineering Services, including XL Global Asset Protection Services, a network of risk engineers who provide on-site property risk analysis and support...

People – Midwest

Jul 7 2014 // Kansas City, Mo.-based Lockton named Joe Agnello president of the insurance broker’s Kansas City property/casualty business unit.Agnello, a 20-year Lockton veteran, succeeds Ron Lockton, who will devote more time to...

People – Southeast

Jul 7 2014 // Florida’s BB&T Insurance Services has promoted Gino Littlestone to senior vice president in BB&T-Oswald Trippe and Co.’s commercial lines division specializing in condominiums. Littlestone has been...

XL Group Creates Cyber Risk Unit, Promotes Coletti as Head

Jun 18 2014 // To meet the demand for cyber insurance in the U.S. and Canada, XL Group’s Global Professional unit said it has established a North America Cyber & Technology Risk business unit.The new business is being led by...

People – Southeast

Jun 16 2014 // Keystone Insurers Group has named Matthew Sinosky as its director of business development. He is based in Keystone’s Northumberland, Penn., headquarters. Sinosky comes to Keystone from Eastern Alliance Insurance Co.,...

XL Group Hires AIG’s Lyles for Global Professional Unit

Jun 15 2014 // XL Group has appointed Kelly Lyles to lead its global unit that sells professional liability insurance for directors and officers, financial institutions, architects, engineers and other businesses and service...

Ratings Recap: AXA U.S. Subs, Southern Farm, Iron Horse

Jun 9 2014 // A.M. Best has revised the issuer credit ratings (ICR) outlook to stable from negative and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and ICRs of “a+” of AXA Insurance Company...

XL Group Hires Railroad Underwriter in New York

Jun 4 2014 // XL Group has hired Aldith “Allie” Townsend as a new underwriter in its railroad business, part of XL Group’s Global Excess Casualty division. Townsend will be based in New York and report to Senior Vice...

People – South Central

Jun 2 2014 // Bill Martin has been elected president of the Combined Agents of America LLC (CAA) for 2014 – 2015.Other members of CAA’s management committee include new Treasurer Pete Bibby, new Second Vice President Mack...

People – East

Jun 2 2014 // XL Group has named Michele Sansone as president of its North America property insurance business and head of its global risk engineering division, XL GAPS.Reporting to Joseph Tocco, chief executive of XL Insurance’s...

XL Adds 4 to East Coast Excess Casualty Teams

May 29 2014 // XL Group has enhanced its excess casualty teams in New York and Atlanta to accommodate its continued growth and sharpened focus on target industries – real estate, hospitality, grocers, restaurants and retail.In New...

Sansone Named President of XL Group’s North America Property Business

May 15 2014 // XL Group has named Michele Sansone as president of its North America property insurance business and head of its global risk engineering division, XL GAPS. Reporting to Joseph Tocco, chief executive of XL Insurance’s...

XL Appoints Allen to Head New Financial Lines Team M&A Division

May 7 2014 // XL Group announced it has added a Mergers and Acquisitions (M&A) Insurance division to its Financial Lines business and appointed Tim Allen to head the business line as Sr. VP, Global Head of Mergers & Acquisitions...

XL Group’s Financial Lines Launches M&A Division, Allen to Lead

May 6 2014 // XL Group has added a mergers and acquisitions (M&A) insurance division to its Financial Lines business and appointed Tim Allen to head the business line.The signs for 2014 are that M&A activity is on the rise. And,...

XL Group to Sell Life Re Sub for $570 Million; Best Sees No Rating Change

May 2 2014 // XL Group plc announced that XL Insurance (Bermuda) Ltd has entered into a definitive agreement to sell its wholly-owned subsidiary, XL Life Reinsurance (SAC) Ltd (XLLR), to GreyCastle Holdings Ltd. for $570 million in...

XL Group Posts $255.7 Million Q1 2014 Net Income; $238.6 Million Operating

May 2 2014 // The XL Group announced from its Dublin, Ireland headquarters that net income for the first quarter of 2014 was $255.7 million, or $0.91 per share, for the quarter on a fully diluted basis, compared to $350.79 million in Q1...

XL Group Opens Reinsurance Operations in Middle East; Adds Staff

Apr 25 2014 // XL Group’s reinsurance segment announced the establishment of new operations in Dubai, UAE, to serve the MENA market and act as a regional hub for the business.XL named Mohamad Alali as Senior Executive Officer and...