Headlines from our AXA XL Topic Page with the most time spent reading.
Feb 8 2024 // AXA SA’s Chief Executive Officer Thomas Buberl says he intends to “scale up” the firm’s business insuring corporate risks in the next phase of the firm’s growth.“In a highly volatile and...
Feb 22 2024 // France’s AXA, Europe’s second-biggest insurer, pledged on Thursday to deliver higher earnings and returns to shareholders by 2026 by growing its client base, automating processes and reducing labor costs.The...
Dec 7 2023 // AXA is considering selling some of its protection insurance businesses across Western Europe in a deal that could be worth up to 1 billion euros ($1.1 billion), two people close to the matter told Reuters.The French...
Oct 3 2024 // Aircraft lessor Dubai Aerospace Enterprise (DAE) has secured a settlement with insurer AXA over jets retained in Russia since the 2022 invasion of Ukraine, raising the prospect of further deals as a London High Court...
Aug 2 2024 // BNP Paribas is in exclusive talks with French insurer AXA to buy 100% of its AXA Investment Managers arm at an agreed price of 5.1 billion euros ($5.50 billion), the euro zone’s biggest bank said on Thursday.For BNP,...
Jun 4 2024 // AXA XL said it streamlined its underwriting operations in the Americas, which will now be three segments—large commercial, middle-market and professional.The realignment is “resulting in redundancies,”...
Apr 4 2024 // AXA XL’s U.S. Mid-Market insurance business is extending its general liability coverage for mid-sized businesses with its new XL Plus broadening endorsement, offering more than two dozen expanded protections.The XL...
May 2 2024 // This edition of International People Moves details appointments at global specialty re/insurers Canopius and MS Amlin.A summary of these new hires follows here. Canopius Hires CUO and CFO in Bermuda From Validus and AXA...
Sep 25 2024 // This edition of International People Moves details appointments at Price Forbes Re and AXA XL.A summary of these new hires follows here. Price Forbes Re Taps Howden’s Waterhouse as Head of Property FacPrice Forbes...
May 3 2024 // AXA, Europe’s second-largest insurer, reported a 6% increase in total revenue during the first quarter to €34 billion ($36.4 billion), compared with €31.8 billion ($34.1 billion) in Q1 2023.The increase in Q1...
May 6 2024 // This edition of International People Moves details appointments at AXA XL and Generali Global Corporate & Commercial (GC&C).A summary of these new hires follows here. AXA XL Promotes O’Malley as Chief Client...
May 3 2024 // Athora Holding Ltd., an insurance affiliate of Apollo Global Management Inc., and AXA SA have terminated a deal to transfer life insurance policies in Germany almost two years after announcing it.The deal was meant to...
Apr 9 2024 // Acies MGU, the London-based managing general underwriter and MGA incubator, announced the launch of Phoenix Specialty, a specialist MGA serving the construction sector.Phoenix will be led by managing director Tim James,...
Jul 30 2024 // A unit of AXA Investment Managers has agreed to acquire a minority stake in Rivage Investment, a specialist private credit firm focused on infrastructure debt that oversees more than €7.7 billion ($8.3 billion) in...
Jul 12 2024 // AXA XL, headquartered in Stamford, Connecticut, appointed Joseph Madigan as chief underwriting officer for its North American environmental insurance business for the middle market.Madigan joined AXA XL’s...
Mar 27 2024 // This edition of International People Moves details appointments at AXA XL and DUAL’s specialist motor MGA KGM.A summary of these new hires follows here. AXA XL Promotes Cole to Global Chief Underwriting Officer for...
Feb 21 2024 // Lockton, headquartered in Kansas City, Missouri, named Steve Goldenberg executive vice president, operations. He will be based in Kansas City and lead strategic initiatives, recruit talent, and build innovative solutions....
Feb 1 2024 // AXA XL Names Chia Cyber as Chief Underwriting Officer in the AmericasAXA XL named Michelle Chia as chief underwriting officer for cyber in the Americas. Based in New York, Chia assumes her new role on Feb. 12. Chia joins...
Feb 26 2024 // This edition of International People Moves details appointments at QBE’s International Markets division and Howden’s DUAL.A summary of these new hires follows here. QBE Names Shallow to Executive Director for...
Jun 27 2024 // This edition of International People Moves details appointments at Brit Re and the managing general agent Optio Group.A summary of these new hires follows here. Brit Re Names Partner Re’s Ex-CEO Bonneau as...