Latest AXA XL Headlines
All the headlines from our AXA XL Topic Page, ordered by recency.
Catlin, XL Agree to Takeover Terms
Jan 9 2015 // The Bermuda-based Catlin Group has published its acceptance of terms upon which XL Group plc will acquire Catlin in a “cash and share acquisition of the entire issued and to be issued share capital of Catlin by...
Dwyer Joins XL Group’s Distribution & Network Team in New York
Jan 7 2015 // XL Group’s Distribution & Network team has added June H. Dwyer as Northeast regional lead. Based in XL Group’s New York office, Dwyer reports to Ken Riegler, head of XL Group’s North America...
XL Group Expands Executive Liability Protection in U.S.
Dec 18 2014 // XL Group’s Professional Liability arm has released a new Executive and Corporate Securities Liability policy form to protect companies and their directors and officers from what it terms “an increasingly...
Catlin Says XL Group Made $3.9 Billion Takeover Bid; Talks Are Ongoing
Dec 17 2014 // Catlin Group Ltd. said it received a takeover approach from Ireland’s XL Group plc valued at about 2.5 billion pounds ($3.9 billion). The shares surged the most on record. Under the terms, XL would buy Catlin for 410...
XL Group Offers Artworks Coverage in UK for Art Exhibitions
Dec 16 2014 // XL Group has launched Key Artworks insurance coverage in the U.K. to cover cancelled or abandoned fine art exhibitions and their financial losses in cases where a star attraction art piece is damaged, stolen or otherwise...
XL Group Bolsters Marine Insurance Capabilities in Brazil With 2 Appointments
Dec 12 2014 // XL Group has appointed Nicolás da Silva as marine liability underwriter and Leandro Meili as marine risk engineer, strengthening its marine insurance capabilities in Brazil. Previously, da Silva worked at AIG Seguros...
XL Group Launches Crime Insurance Unit; Bangs Named Chief Underwriting Offer
Dec 12 2014 // To help address businesses’ and financial institutions’ crime concerns, including embezzlement, fraud, and bribery, XL Group is launching a global crime business, under the leadership of Gregory W. Bangs who...
XL’s New Standalone Terrorism Policy Addresses TRIPRA Gaps
Dec 3 2014 // XL Group’s U.S. Crisis Management business has introduced a new standalone terrorism insurance policy intended to help U.S. businesses address potential gaps in coverage provided by the Terrorism Risk Insurance...
XL Group Appoints Pitt to Head New Global Data, Analytics, Pricing Unit
Dec 2 2014 // XL Group’s global Insurance operation announced the appointment of Tim Pitt to the newly created role of Head of Data, Analytics and Pricing to help drive XL Group’s data, analytics and pricing strategies and...
XL Group Adds Fleet Safety Service to Construction Insurance
Nov 21 2014 // As nearly half of all construction fatalities involve a vehicle, XL Group North America Construction has added fleet safety training services to its construction insurance business in collaboration with Issaquah,...
XL Group Offers Pre-qualification Service for Subcontractor Default Insureds
Nov 13 2014 // XL Group’s North America Construction team has added a new pre-qualification benchmarking service for Subcontractor Default Insurance (SDI) clients to make sure contractors have the right process in place to select...
XL Group Unveils Enhanced Yacht Insurance
Nov 6 2014 // XL Group has launched enhancements to its yacht insurance program, providing increased coverage for Search & Rescue, stolen boat reward, ship’s cash and continued coverage for crew, which the company unveiled at...
XL Group Appoints New Technical Officer of Brazil Unit
Nov 4 2014 // XL Group has appointed Thisiani Matsumura Martins as technical officer of its insurance operation in Brazil, subject to approval by the local supervisory authority. She succeeds Juan Bragadin, who will continue working...
Hedge Funds Need to Be Wary of Push Into Catastrophe Risks: XL Group
Nov 3 2014 // Hedge funds looking for new investments may be pushing too fast into insurance, said Michael McGavick, the chief executive officer of XL Group plc. McGavick joins Franklin Montross, the CEO of Berkshire Hathaway...
XL Group’s Operating Net Income Increases During Q3
Oct 28 2014 // XL Group plc, headquartered in Dublin, reported operating net income of $187.1 million, or $0.70 per share, for the third quarter, compared to operating net income of $154.6 million in last year’s third quarter...
XL North America P/C Names Nadeau As Chief Operating Officer
Oct 24 2014 // XL Group’s North America Property & Casualty (NAPC) insurance business has promoted Donna Nadeau to the position of chief operating office, reporting to Joe Tocco, NAPC chief executive. Nadeau previously served...
AXA CFO Says Euro’s Decline Against Dollar to Help Earnings
Oct 24 2014 // AXA SA’s Chief Financial Officer Gerald Harlin said the euro’s decline against the dollar should help earnings in coming quarters as France’s largest insurer posted nine-month sales that were little...
XL Group Adds Kidnap, Ransom & Extortion to Yacht Insurance
Oct 15 2014 // XL Group is adding a Kidnap, Ransom & Extortion Crisis (KRE) endorsement to its existing ShipShape and ShipShape Plus recreational marine insurance coverages, with limits up to $50 million. Under the new endorsement,...
XL Group Adds Smelser to North America Property Team in Dallas
Sep 30 2014 // XL Group announced the addition of Jay E. Smelser to its North America property insurance team as South Central regional leader, based in Dallas. Smelser reports to Senior Vice President and Head of North America General...
XL Launches Regional E&S Insurance Operation with Ex-Scottsdale Underwriters
Sep 15 2014 // XL Group has launched a regional underwriting operation in Scottsdale, Ariz. to offer brokers and clients in the Western U.S. more direct access to its excess and surplus insurance coverages The experienced underwriting...
