Latest AXA XL Headlines

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

AXA Asia-Pacific Returns to Profit; No Comments on Takeover Bids

Feb 17 2010 // Takeover target AXA Asia-Pacific’s promise of strong growth in 2010 prompted analysts to suggest suitors may consider raising their bids for the firm but top officials declined comment on the $12 billion...

Australia Competition Watchdog Concerned over NAB’s AXA Apac Bid

Feb 10 2010 // Australia’s competition watchdog raised concerns on Wednesday over National Australia Bank’s (NAB) $11.6 billion bid for fund manager AXA Asia Pacific, tipping the scales toward rival bidder AMP.NAB, already...

AMP to Consider Position on $11 Billion AXA Asia Deal

Feb 8 2010 // Australian wealth manager AMP Ltd has let its exclusive deal with French insurer AXA SA expire for a joint $11 billion buy of AXA Asia Pacific Holdings, paving the way for rival bidder National Australia Bank to start...

AXA Asia Pacific Profit Upgrade Stirs Talk of Higher Bid

Jan 21 2010 // Life insurer and fund manager AXA Asia-Pacific Holdings Ltd expects to report a forecast-beating profit for 2009, putting pressure on rival bidders to raise their offers in a $12 billion battle for the company.AXA...

Ratings Recap: Berkshire H. (Notes), AXA US, Chartis PR, AGCS Marine

Jan 12 2010 // Standard & Poor’s Ratings Services has assigned its ‘AAA’ senior debt rating to Berkshire Hathaway Finance Corp.’s (BHFC) $1.0 billion senior notes. The notes will have various maturity dates....

Arc Legal Dominates Irish Motorcycle Market with AXA Ireland Deal

Jan 11 2010 // Arc Legal Assistance (Arc Legal), the official legal expenses provider, now provides Motor Legal Expenses Insurance (MLEI) to 90 percent of insured motorcycles in Ireland following its appointment by AXA Insurance Ireland...

NAB Trumps AMP in $12 Billion Offer for AXA Asia-Pacific

Dec 17 2009 // National Australia Bank made a surprise trump bid for AXA Asia Pacific Holdings’ Australian and New Zealand units on Thursday, in a cash deal that would value all the target firm at around $12 billion.The bid tops an...

AXA Art Insurance Appoints Pittinger as Director of Underwriting

Nov 18 2009 // Robert H. Pittinger has been appointed director of underwriting AXA Art Insurance Corporation.Pittinger brings more than 30 years of comprehensive industry expertise to the position, with experience in leadership, broker...

France’s AXA Eyes Asia Growth with Takeover Bid

Nov 9 2009 // AXA Asia Pacific rejected a $10.3 billion bid from parent AXA SA and Australian rival AMP Ltd on Monday, an initial hurdle for the French insurer’s bold ambitions to expand in Asia.AXA SA, Europe’s...

AXA Sees Better Market Conditions, Despite Decrease in 9-Month Sales

Oct 29 2009 // France’s AXA Group, which ranks alongside Allianz as Europe’s two biggest insurers, said its business environment was getting better despite reporting a dip in nine-month sales on Thursday.Sales fell to...

AXA Art Appoints Quinn as National Director of Claims Management

Sep 25 2009 // AXA Art Insurance, which is headquartered in New York City and operates internationally, has appointed Colin Quinn as director of Claims Management. In this capacity, he will be responsible for overseeing day to day...

AXA Art Insurance’s Arnold to Lead New York Chapter of NAIW

Aug 12 2009 // Art insurance industry professional and director of business development at AXA Art Insurance, Jill Arnold, has been named president of the New York City Chapter of The National Association of Insurance Women (NAIW-NYC)....

PartnerRe To Acquire PARIS RE; Best Sees no Rating Change

Jul 6 2009 // Bermuda-based PartnerRe announced that it has entered into definitive agreements to acquire PARIS RE, a French-listed, Swiss-based diversified reinsurer. PartnerRe will exchange 0.30 of its common shares for each PARIS RE...

Ratings Recap: AXA Art, National Interstate, ProMutual, Clearwater

Jun 10 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of AXA Art Insurance Corporation, which is based in New York City. The outlook for both...

Best Affirms AXA (US) ‘A-‘ Ratings

May 15 2009 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of New York-based AXA Insurance Company, both with stable outlooks.Best also...

Ratings: AXA Seguros, Tryggingamidstödin, Thai Insurers, Swedish Club

Apr 17 2009 // Standard & Poor’s Ratings Services has affirmed its ‘BBB+’ global scale long-term counterparty credit and financial strength ratings on AXA Seguros S.A. de C.V. (AXA Seguros; formerly known as...

Ratings Recap: Steamship Mutual, AXA Ireland, Hang Seng, Tapiola

Apr 8 2009 // Standard & Poor’s Ratings Services has assigned its ‘BBB+’ long-term counterparty credit and insurer financial strength ratings to U.K.-based marine insurer Steamship Mutual Underwriting Association...

AXA, Metlife, Prudential, China’s CIC in AIG Talks

Dec 10 2008 // Insurance firms Axa S.A., MetLife Inc. and Prudential Plc., as well as China’s sovereign wealth fund CIC, are all in talks to buy a unit of U.S. insurance firm American International Group in a deal that is likely to...

Ratings Roundup: HSBC Insurance, AXA Ireland, XL/Mangrove

Aug 11 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Hong Kong-based HSBC Insurance (Asia) Limited with a stable outlook. “The...

Credit Crunch Cripples European Insurers’ Profits

Aug 7 2008 // The global credit crisis tore a hole in the profits of some of Europe’s top insurers on Thursday, with AXA and Aegon both posting lower earnings.Share reactions were mixed across Europe. The DJ Stoxx European Banking...