All the headlines from our AXA XL Topic Page, ordered by recency.
May 22 2012 // The insurance operations of XL Group and ABA Insurance Services Inc., a managing general underwriter, have expanded their employment practices liability insurance (EPLI) product to include additional protection such as...
May 18 2012 // XL Group plc announced the appointment of Eileen Whelley as Executive Vice President, Chief Human Resources Officer, effective June 18, 2012. She succeeds Elizabeth L. Reeves, who is retiring.Whelley has been Executive...
May 9 2012 // Selected earnings highlights from the Dublin, Ireland-based XL Group plc for the first quarter of 2012 are as follows: Q1 2012 Q1 2011 *Gross premiums written ———— $2.4036 bn $2.1967 bn *Net...
May 3 2012 // XL Group plc announced the appointment of Joan Lanzagorta as Client & Distribution Leader for its operation in Mexico, effective as of mid-April.He has broad experience in the Insurance industry. Prior to joining XL...
Apr 10 2012 // XL Group plc’s Excess Casualty’s North American Umbrella team has launched a new umbrella policy form. The enhanced “A/B Umbrella” form offers two insuring agreements in one policy. Insuring...
Mar 23 2012 // Ireland-headquartered XL Group plc’s North American marine business appointed Chris Cooke as vice president, hull and liabilities. Chris Cooke The appointment is part of XL’s strategy to expand its brown-water...
Mar 12 2012 // XL Group plc’s North America Construction is establishing a west coast underwriting operation in San Francisco, Calif. XL is setting up its west coast presence with Michael Simone, currently executive underwriter of...
Mar 7 2012 // HSBC has agreed to sell its general insurance businesses to French insurer AXA Group and Australia’s QBE Insurance Group for $914 million in cash, as Europe’s biggest bank moves ahead with its plan to divest...
Mar 1 2012 // British bank HSBC Holdings Plc is nearing a deal to sell its general insurance business for about $1 billion, sources familiar with the matter told Reuters, with French insurer AXA SA and Australia’s QBE Insurance...
Feb 23 2012 // The battle for control of Italian insurer Fondiaria-SAI heated up on Wednesday when two private equity funds tabled a rival offer to one brokered by top investment bank Mediobanca to rescue the troubled insurer by merging...
Feb 14 2012 // The marine insurance unit of XL Group has unveiled Contractor’s Equipment Coverage Solutions, a package designed to protect the equipment of general building, infrastructure and specialty contractors.“Whether...
Feb 10 2012 //
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...