All the headlines from our AXA XL Topic Page, ordered by recency.
Feb 8 2012 // France’s AXA Group and ACE Limited are the final two suitors in the hunt to buy HSBC’s $1 billion general insurance business, people familiar with the matter said.HSBC, Europe’s biggest bank, started the...
Feb 2 2012 // XL Group’s insurance segment and Affinity Agency Group LLC have announced a joint underwriting agreement to offer The Affinity Club Links Program for private and semi-private country and golf clubs nationwide.The...
Jan 23 2012 // The insurance segment of XL Group plc announced the appointment of Jason Harris as Chief Executive of its International P&C Insurance business.He will be based in London and report to Greg Hendrick, CEO of XL’s...
Jan 4 2012 // France’s AXA S.A. has again topped the list of the world’s 25 largest insurance companies, based on premiums written, compiled by A.M. Best. The lists, which were compiled both on asset value and on net...
Dec 19 2011 // A.M. Best Co. has downgraded the financial strength rating to ‘A’ (Excellent) from ‘A+’ (Superior) and issuer credit ratings to “a+” from “aa-” of MAPFRE USA Group following...
Dec 12 2011 // Standard & Poor’s Ratings announced that it has placed its ratings on the following insurers (and certain related operating subsidiaries and certain holding companies) on CreditWatch with negative...
Dec 8 2011 // AXA SA and Assicurazioni Generali SpA are among bidders shortlisted for HSBC Holdings Plc’s planned sale of its general insurance business, sources familiar with the matter told Reuters.HSBC, Europe’s biggest...
Dec 5 2011 // State-run Bank of India said late on Saturday it would buy 51 percent of Indian asset manager Bharti AXA Investment Managers Pvt Ltd from the firm’s two joint venture partners.Bharti AXA Investment Managers is a...
Nov 30 2011 // Global insurer and reinsurer XL Group plc said that Greg Hendrick will become chief executive of XL’s insurance segment upon the retirement of Dave Duclos, the current insurance head.Hendrick, currently XL’s...
Nov 28 2011 // Reliance Industries has mutually agreed to end negotiations with Bharti Enterprises to buy its stakes in two insurance joint ventures with France’s AXA, the two Indian companies said on Friday.Reliance said the...
Nov 3 2011 // Alterra Capital: Q3 2011 Q3 2010 Gross premiums written $386.33 mn $325.21 mn 9 months — 2011 2010 $1.578 bn $1.095 bn Net premiums earned —- $347.04 mn $342.43 mn 9 months – 2011 2010 $1.0758 bn $829.93...
Nov 2 2011 // Money manager AXA Rosenberg and co-founder Barr Rosenberg agreed to pay $65 million to settle a lawsuit by investors who said they lost money after a computer coding glitch impeded the firm’s ability to manage...
Oct 14 2011 // European insurers AXA SA, Assicurazioni Generali SpA, Japan’s Tokio Marine and MS&AD Insurance Group are among suitors to submit first round bids for HSBC’s non-life insurance business, sources with...
Oct 12 2011 // Bermuda-headquartered XL Group said its insurance unit hired Michele Sansone as senior vice president and eastern regional executive, based in New York City.She will be responsible for managing XL’s property...
Sep 29 2011 // European insurers Allianz and AXA SA are among the potential bidders for HSBC Holdings Plc’s sale of its general insurance business, which could fetch more than $1 billion, sources familiar with the matter told...
Sep 26 2011 // France’s AXA Group announced that it has successfully completed the sale of its Canadian operations in Property & Casualty and Life & Savings insurance to Intact Financial Corporation for a total cash...
Sep 22 2011 // 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,...
Jun 28 2011 // AXA UK has announced that it will no longer accept referral fees from personal injury lawyers and has issued a call for whiplash injury reform to eliminate fraud within the industry.The announcement noted that the company...
Jun 16 2011 // The XL Group plc has announced the appointment of Peter R. Porrino as Executive Vice President and Chief Financial Officer. He will join the Company in late August.He has more than 30 years of experience working in and...
Jun 7 2011 // A.M. Best announced a number of rating actions as a result of the announcement on May 31 that that Intact Financial Corporation (IFC) has signed a definitive agreement to purchase 100 percent of the stock of AXA Canada...