Latest AXA XL Headlines
All the headlines from our AXA XL Topic Page, ordered by recency.
Munich Re America Taps AXA XL’s Herrera for New Diversity and Inclusion Post
Oct 18 2019 // Munich Reinsurance America has appointed Juan Herrera as its first full-time head of Diversity and Inclusion. Herrera will oversee all diversity and inclusion efforts across the North American region including Munich...
AXA Weighs Selling Central European Business, to Exit Non-Core Markets: Sources
Oct 15 2019 // French insurer AXA is considering selling its Central European business as part of a restructuring to quit markets where it lacks scale, three sources familiar with the situation said. AXA is undergoing a deep...
AXA XL Appoints Ex-Zurich Executive Longo as Country Leader, Italy
Sep 27 2019 // AXA XL Insurance announced the appointment of Saverio Longo as country leader, Italy. He will join AXA XL in November and will be based in Milan. He succeeds Simona Fumagalli, who was appointed head of International...
AXA XL, Accenture Partner to Provide Cyber-Security Services to AXA XL Clients
Sep 26 2019 // AXA XL and Accenture are partnering to offer global cyber-security expertise to AXA XL’s underwriters, brokers and clients to strengthen their cyber capabilities and recover from cyber attacks. AXA XL — AXA’s...
AXA Liabilities Managers Buys Non-Life Legacy Portfolio of Munich Re Malaysia
Sep 20 2019 // AXA Liabilities Managers announced it has completed the acquisition of the non-life legacy portfolio of Munich Re Malaysia (a branch of Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in Munich). The...
BHSI Taps Executives from AIG and AXA XL as Claims & Product Line Leaders in France
Sep 19 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its leadership team in France, naming Katell Pouliquen as head of Claims, Louis du Ché as head of Property and Ludovic Ruiller as head of...
Specialty Lines Insurance: Innovating at the Edges of Society and the Economy
Sep 17 2019 // Emerging risks with little or no claims history can be notoriously difficult to underwrite—but many specialty lines companies are finding ways to put their toes in the water to insure these new risks, especially when...
AXA XL Partners with Insurtech Neptune Flood to Expand Private Flood Insurance
Sep 12 2019 // AXA XL is partnering with digital private flood insurance program manager Neptune Flood in a strategic underwriting partnership that will more than double Neptune’s capacity across the country. According to CEO Jim...
AXA XL Appoints Zurich’s Tello to Lead New Captive Insurance Practice in Canada
Sep 11 2019 // AXA XL has launched a local captive practice in Canada which will be led by expert Alonso Y. Tello. Tello’s appointment is part of AXA XL’s continued growth to bring in expertise and expand the group’s...
AXA, Affin Bank Weigh Possible Sale of Malaysian Insurance Business
Sep 6 2019 // French insurer AXA SA and Affin Bank Bhd. are exploring options including a potential sale of their life and general insurance business in Malaysia that could fetch about $650 million, according to people with knowledge of...
AIG’s Su Joins AXA XL as Underwriting Lead for Structured Risk Solutions
Sep 4 2019 // AXA XL, the property/casualty and specialty risk division of AXA, has named Austin Su as U.S. Underwriting Lead of its Structured Risk Solutions (SRS) business. Based in New York, Su joins SRS’ growing global...
Early Claims and Crash Tests Suggest Risks of Luxury, SUV Electric Vehicles
Aug 23 2019 // Electric luxury cars and sport utility vehicles (SUVs) may be 40% more likely to cause accidents than their standard engine counterparts, possibly because drivers are still getting used to their quick acceleration, French...
AXA XL Adds Zurich’s Arezes as Senior Underwriter for Large Property in Canada
Aug 16 2019 // AXA XL has added Jennifer Arezes to its property insurance team in Canada. Arezes is based in Toronto and will work alongside Ian Rutherford, head of Property, Canada and Urs Uhlmann, CEO and country manager AXA XL, Canada...
AXA’s H1 Net Income Drops 19% on Hit From Spinoff of Equitable in U.S.
Aug 1 2019 // AXA SA’s shift away from life insurance yielded growing volumes and improved profitability as a restructuring move hit the bottom line. The French financial giant’s first-half net income fell 19% to 2.33...
AXA XL Appoints Fumagalli as Head of International Financial Lines, Europe
Jul 31 2019 // AXA XL Insurance announced the appointment of Simona Fumagalli as head of International Financial Lines, Europe, based in Milan. In her new role, Fumagalli will be responsible for developing the business line’s...
AXA XL, Vindati to Offer Ocean Cargo Insurance Via Online Platform
Jul 29 2019 // AXA XL’s U.S. marine insurance business and Vindati, an insurtech managing general underwriter (MGU) offering specialty products and an integrated shopping experience for brokers and agents, have partnered to offer...
AXA XL Appoints 3 Senior Executives to London Reinsurance Team
Jul 29 2019 // AXA XL announced three senior appointments to its London Reinsurance team, with the promotion of Megan Kempe, coupled with the additions of Nick Pascall and Conor Gaffney. Kempe has been promoted to head of US Property...
RSA Taps AXA’s Rueegg as Middle East CEO; Other Executives Promoted in Region
Jul 22 2019 // RSA Insurance has appointed Martin Rueegg as the new chief executive of the Middle East and United Arab Emirates (UAE). Rueegg joins from AXA where he was general insurance managing director for Hong Kong. He replaces...
AXA Appoints Guidée from Goldman Sachs as Group Chief Risk Officer
Jul 12 2019 // AXA announced the appointment of Renaud Guidée as group chief risk officer. Currently managing director at Goldman Sachs in France, he will join AXA in September 2019, subject to regulatory approval. He will report to...
AXA XL Enhances Environmental Insurance Coverage
Jul 1 2019 // AXA XL’s Environmental business in North America has added supplemental coverage to its Pollution and Remediation Legal Liability policy. The policy is designed to provide protection to owners, operators and...
