All the headlines from our AXA XL Topic Page, ordered by recency.
Jun 15 2021 // This wrap-up of international People Moves details recent appointments at reinsurance brokers Guy Carpenter & Co. and Lockton Re and insurer Berkshire Hathaway Specialty Insurance (BHSI).A summary of these new hires...
Jun 10 2021 // AXA has offered a settlement to 15,000 French restaurant owners that purchased non-damage business interruption insurance after previously denying coverage during the 2020 COVID-19 lockdowns.AXA estimates the cost of these...
Jun 4 2021 // This wrap-up of international People Moves includes appointments at Allianz Global Corporate & Specialty (AGCS); HDI Global SE UK & Ireland, and Amwins Global Risks.A summary of these new hires follows here. Scott...
Jun 1 2021 // Generali has completed the acquisition of AXA Group’s Greek subsidiary, AXA Insurance S.A., for €167 million ($204 million) in cash.The acquisition, which comprises AXA’s life & savings and...
May 20 2021 // This wrap-up of international People Moves details recent appointments at Acrisure Re; International General Insurance; Liberty Specialty Markets and Sedgwick.A summary of these new hires follows here. Acrisure Re, the...
May 19 2021 // BANGKOK (AP) – The Thai affiliate of Paris-based insurance company AXA said Tuesday it is investigating a ransomware attack by Russian-speaking cyber criminals that has affected operations in Thailand, Malaysia, Hong...
May 14 2021 // This wrap-up of international People Moves details recent appointments at Oneglobal Broking, Africa Specialty Risks, AXA XL and SiriusPoint.A summary of these new hires follows here. Oneglobal Broking, the London based...
May 13 2021 // This wrap-up of international People Moves details recent appointments at AXA XL and MS Amlin.AXA XL announced that it has added five Toronto-based underwriters to strengthen its casualty, professional liability and...
May 13 2021 // Colonial Pipeline has cyber insurance arranged by broker Aon, with Lloyd’s of London insurers AXA XL and Beazley among the underwriters, three sources told Reuters on Thursday.Colonial Pipeline has begun to restart...
May 9 2021 // In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France that reimburse customers for extortion payments made to ransomware criminals.AXA, among...
May 5 2021 // Zurich Insurance Group has appointed Timothy Powell as global head Financial Lines and Cyber, a newly-created role that combines lines of business.Powell joins Zurich from AXA XL, where he most recently served as chief...
Apr 22 2021 // This wrap-up of international People Moves details recent appointments at AXIS Re, Guy Carpenter, Marsh and Dale Underwriting Partners.A summary of these new hires follows here. AXIS Re, the reinsurance business segment of...
Apr 22 2021 // AXA XL Insurance announced it has established a global partnership with SpaceAble, a start-up specializing in space situational awareness (SSA), to better support satellite operators and organizations operating in...
Apr 7 2021 // This wrap-up of International People Moves details recent appointments at AXA XL, Apollo Syndicate Management and Sompo International. A summary of these new hires follows.AXA XL has promoted Sundeep Khera to head of...
Mar 30 2021 // Insurtechs focused on consumer management of insurance policies and commercial fleet analytics are expanding their reach following funding rounds.Also, a new platform for offering management liability insurance to small...
Mar 12 2021 // AXA SA, France’s biggest insurer, is dropping German energy giant RWE AG as a client in a decision that highlights how taboo the coal business has become.Not even an appeal from RWE Chief Executive Officer Rolf...
Feb 25 2021 // Enstar Group Ltd. announced that one of its wholly owned subsidiaries has signed an agreement to provide adverse development cover to AXA XL, a division of AXA.In the transaction, Enstar’s subsidiary will cover...
Feb 25 2021 // AXA reported net income of €3.16 billion (US$3.8 billion) during 2020, an 18% drop from €3.86 billion (US$4.7 billion) in full-year 2019.The combined ratio for AXA’s P/C business increased 3.2 points to 99.5%,...
Feb 24 2021 // All good money managers expect to outperform their benchmark, and by one such metric the French insurer and investor AXA SA recently scored a market-beating success. Not by delivering higher returns, but by generating a...
Feb 19 2021 // Ensurance, the London-based specialty managing general agent, has announced a new capacity deal with AXA Insurance UK plc for its core construction and engineering products. AXA replaces Swiss Re as the MGA’s main...