Latest AXA XL Headlines

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

AXA Plans to Expand German Coffee House Sales

Jan 23 2002 // France’s AXA Group plans to expand the sales of its insurance products in Germany through the country’s Tchibo coffee chain in a move aimed at countering the sales efforts of its three biggest rivals in...

AXA Lowers Earnings Expectations for 2001

Dec 18 2001 // France’s AXA Group estimated that, after assessing the consequences of the WTC attacks, the impact of potential permanent impairments on assets and difficult market conditions, it expected cash earnings for 2001 to...

AXA Reports 2.5% Revenue Growth to $49.4 Billion for 1st Nine Months, Despite U.S. Slowdown

Nov 14 2001 // France’s AXA reported that global consolidated revenues for the first nine months of the year totaled €55.539 billion ($49.429 billion), a 2.5 percent increase over last year’s comparable figures, despite...

Wilcox to Retire as AXA Investor Relations Head

Nov 12 2001 // France’s AXA announced that it would reorganize its Investor Relations Department, following the announcement that longtime head Greg Wilcox will retire, effective January 1, 2002. Wilcox managed AXA’s...

National Indemnity To Insure 2002 Soccer World Cup as AXA Talks Fail

Oct 30 2001 // National Indemnity Co., a wholly owned subsidiary of the Berkshire Hathaway Group, has concluded an insurance package with FIFA, soccer football’s governing body, to insure next summer’s World Cup Finals in...

AXA, RSA To Raise Commercial Property Rates

Oct 17 2001 // France’s AXA and Britain’s Royal & Sun Alliance both announced that there would be large increases in their premium rates on commercial property coverage in the aftermath of the terrorist attacks on the...

AXA Cancels Soccer World Cup Coverage

Oct 15 2001 // France’s AXA abruptly announced that it was terminating its insurance coverage of the 2002 Soccer World Cup, scheduled to be held in Japan and Korea next May and June, following the terrorist attacks of September 11...

AXA Plans to Cut Costs by 10 %

Oct 11 2001 // France’s AXA, one of the world’s largest insurance and financial groups, announced that it would implement cost cutting measures worldwide in an effort to reduce operating and related expenses by an overall...

AXA, Allianz Raise U.S. Attack Loss Estimates, New Disaster in France

Sep 24 2001 // Both France’s AXA Group and Germany’s Allianz AG, the world’s two largest insurance groups, raised their original estimates of potential losses from the terrorist attacks of Sept. 11 in the U.S. (See IJ...

Hollywood and The Insurance Industry

Sep 17 2001 // Once upon a time in a country far, far away, a few visionaries (and yes, a few con artists) laid the foundations of the multi-billion dollar motion picture industry. It required taking considerable risks, and still does....

AXA Announces 1st Half Results, Estimates

Sep 14 2001 // France’s AXA Group announced that its 1st half earnings had reached €1.222 billion ($1.11 billion) a 12.4 percent increase over comparable figures for the year 2000. The company noted that its buyout of the...

Are Fine Arts Floaters A Silver Lining in the Insurance Market Cloud’

Sep 10 2001 // Unlike many lines of insurance, the fine arts and collections market has so far managed to avoid the difficulties of a hardening environment. But is it robust enough to carry the industry through tough times? Maybe not,...

Are Fine Arts Floaters A Silver Lining in the Insurance Market Cloud’

Sep 3 2001 // Unlike many lines of insurance, the fine arts and collections market has so far managed to avoid the difficulties of a hardening environment. But is it robust enough to carry the industry through tough times? Maybe not,...

AXA Appoints Dennis Holt as New U.K. CEO

Aug 17 2001 // AXA’s U.K. operations will finally have a new CEO when Dennis Holt, currently the head of retail banking for Lloyds TSB, takes over as Group Chief Executive on September 1st. Holt’s selection ends a search for...

Manufacturers Bank, AXA Advisors Enter Alliance

Jul 9 2001 // Manufacturers Bank announced that it had entered into a referral alliance with AXA Advisors LLC to provide bank customers with a full range of insurance and investment products through Shuster Financial Group, LLC. Michael...

AXA’s Bébéar, de Castries Under Formal Investigation in French Tax Probe

Jul 9 2001 // On June 12, French police detained and questioned AXA’s Management Board Chairman Henri de Castries and his predecessor, the company’s founder Claude Bébéar, who now presides over its Supervisory Board, about...

AXA Acquires Independent’s Small Business Website

Jul 5 2001 // AXA Insurance, the French giant’s U.K. unit, has acquired Independent Insurance’s small business website from the company’s liquidators. The site, www.business-risk.com, employs 17 people, who will be...

AXA’s Bébéar, de Castries Under Formal Investigation in French Tax Probe

Jun 25 2001 // On June 12, French police detained and questioned AXA’s Management Board Chairman Henri de Castries and his predecessor, the company’s founder Claude Bébéar, who now presides over its Supervisory Board, about...

AXA Founder, Chairman Released on Bail – Tax Probe Continues

Jun 15 2001 // Claude Bébéar, AXA’s founder and head of its advisory board, and its current CEO, Henri de Castries, were freed yesterday after each posted a 2 million franc ($258,000) bond. The two business leaders...

Police Question AXA’s de Castries, Bébéar in

Jun 13 2001 // French police detained and questioned AXA’s Management Board Chairman Henri de Castries, and his predecessor the company’s founder Claude Bébéar, who now presides over its Supervisory Board, about...