Latest AXA XL Headlines

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

Protective Life to Buy AXA’s U.S. Life Insurance Unit for $1.06 Billion

Apr 11 2013 // Protective Life Corp said it will buy Mony Life Insurance Company from parent AXA SA for $1.06 billion to access its portfolio of life insurance policies.Protective Life sees the deal adding between $0.10 and $0.15 to its...

XL Group Add Wrongful Internet Usage Protection to Private Co. EPLI Policies

Apr 4 2013 // XL Group’s Private Commercial insurance business has added wrongful Internet usage protection to its employment practices liability coverage as part of its management liability package to help employers contend with...

Protective Life in Lead for AXA US Insurance Assets – Sources

Mar 27 2013 // U.S. insurer Protective Life Insurance is the leading candidate to buy some of AXA SA’s U.S. life insurance assets in a deal that could be valued at around $1 billion, according to two people familiar with the...

AXA in Exclusive Deal to Sell Stake in Private Equity Division

Mar 26 2013 // France’s AXA Group announced that its asset management subsidiary, AXA Investment Managers (AXA IM), has received an irrevocable offer from an investor group for its entire stake in AXA Investment Managers Private...

XL Group Launches Recreational Marine Coverage for Yacht Owners

Mar 21 2013 // XXL Group’s North America Marine insurance business has launched a new suite of recreational marine coverages tailored to yacht owners called ShipShape.With limits up to $50 million, ShipShape provides a variety of...

XL Group Names Huels to Lead Surplus Lines’ GL Team in Chicago

Mar 11 2013 // XL Group plc’s surplus lines team continues to grow with the addition of Matthew Huels who joins as vice president and general liability line of business head. He is based in Chicago and reports to Roxanne Mitchell,...

XL Group Opens Facultative Reinsurance Office in Dallas

Mar 4 2013 // XL Group plc’s reinsurance operations opened a Dallas, Texas, office led by Dean Wolfe who was recently promoted to manager of XL’s newly created property facultative western region. Wolfe, who has more than 15...

XL Group Launches $850 Million Share Buyback; Raises Dividend

Feb 22 2013 // XL Group plc announced from its Dublin, Ireland headquarters that its Board of Directors has approved a new share buyback program, authorizing the Company to purchase up to $850 million of its ordinary shares. The previous...

XL Group Posts $81.4 Million Q4 Net Income; $651.1 Million Full Year

Feb 8 2013 // XL Group plc reported robust results for both the fourth quarter of 2012, and for the full year.The earnings highlights were listed as follows: • Operating net income of $38.9 million, or $0.13 per share, for the quarter...

AXA Assistance Extends Classic Car Service Deal with Broker Footman James

Jan 28 2013 // AXA Assistance UK, a leading motor and property assistance provider (part of the global AXA Group) announced that it has extended its long-term partnership with specialist classic vehicle insurance broker Footman James to...

XL Group Appoints Northeast Manager for North America Property Team

Jan 3 2013 // XL Group plc’s North America property business appointed Joseph Moylan as its Northeast regional manager. Based in New York, Moylan will serve property insurance clients throughout the Northeast. He reports to...

XL Group’s Marine Unit Boosts Underwriting and Claims Staff in N.Y.

Dec 20 2012 // XL Group plc’s North American marine business is expanding its blue water hull risk management capabilities in New York with the addition of Siobhan Coen and Jeff Loechner as senior underwriters and Eileen Fellin as...

XL Group Promotes O’Malley to Lead Environmental Underwriting

Oct 11 2012 // XL Group plc has promoted Matthew V. O’Malley to a new role as head of environmental underwriting operations in XL Group’s insurance operations. He is based in XL Group’s Exton, Penn., office. Most...

Best Affirms XL Group’s P&C Subs, XLIT Ratings; Outlook Stable

Oct 5 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the property/casualty subsidiaries of the holding company, XL Group plc,...

XL Group Launches New Builders Risk Property Protection Program

Sep 26 2012 // XL Group has launched a new Builder’s Risk and Installation Coverage Solutions (BRICS) product, containing more than two dozen coverage enhancements. The coverage offers property insurance protection for single...

XL Group Opens New Insurance Office in Lyon France

Sep 20 2012 // XL Group plc’s insurance operations announced the opening of a new office in Lyon , France and the appointments of Auberi Etienne and Clotilde Bartok to join the team serving middle market companies in France.Both...

XL Group Names Fisher to Lead Canadian Reinsurance Operations

Aug 27 2012 // XL Group plc’s reinsurance operations in Bermuda announced the appointment of Tim Fisher as Senior Vice President & Canadian Branch Manager.He reports to Managing Director & Head of Casualty Reinsurance in...

XL Group’s Marine Insurance Team Expands in Chicago

Aug 22 2012 // The Marine insurance operation of XL Group plc has expanded its regional underwriting capabilities in Chicago, adding Pete Shepeck, Brian Stockton and Jeannine Liebig to its team.Shepeck joins XL as regional vice...

Earnings Reports: XL Group, Alterra Capital

Aug 8 2012 // Selected earnings highlights from the XL Group’s headquarters in Dublin, Ireland for the second quarter and the first half of 2012 are as follows: Q2 2012 Q2 2011 *Gross premiums written ————...

Marsh USA Executive Joins XL Group’s Primary Casualty Unit in New York

Aug 2 2012 // XL Group plc has appointed industry veteran Alfred Bergbauer as head of multinational casualty in North America.Bergbauer will report to Ken Riegler, president of XL Group’s North American Primary Casualty group. He...