Latest AXA XL Headlines
All the headlines from our AXA XL Topic Page, ordered by recency.
Strong to Head XL’s New Global Programs Center of Excellence
May 30 2013 // XL Group announced the creation of a new Global Programs Center of Excellence and welcomed Kevin Strong as its Global Programs Manager. He will lead a team comprised of professionals from Asia, Europe and North America,...
XL Promotes Sinz to Regional Manager Cont. Europe – Distribution/Network
May 28 2013 // The XL Group announced that it has promoted Kadidja Sinz to the role of Regional Manager Continental Europe in the Insurance segment’s Distribution and Network function. She will also continue as Country Manager for...
Daucourt Joins XL Group as COO Int’l. Property/ Casualty
May 22 2013 // XL Group announced the appointment of Thierry Daucourt as Chief Operating Officer of its International P&C Insurance business. He will be responsible for supporting the unit’s Chief Executive, Jason Harris, in...
XL Group Launches New Motor Cargo Truck Coverage
May 21 2013 // XL Group has added to its inland marine business with customizable coverage for mid-to-large size trucking operations in North America. Motor truck cargo coverage solutions includes flexible limits on 23 additional...
XL Group to Offer Shariah Complaint Insurance Coverage
May 8 2013 // XL Group has launched Shariah compliant insurance cover for large corporate and middle market clients. Initially it will focus on property cover, with a maximum capacity of up to $300 million. The coveragevfinacntargets...
XL Group Expands Political Risk Team in New York
May 8 2013 // XL Group added two new members to its Political Risk and Trade Credit (PRTC) business. XL appointed Mena Cammett as senior risk analyst and Dane Mahoney as risk analyst. Both are based in New York and report to Rafael...
XL Group Reports $350.8 Million Q1 Net Income; P&C Combined Ratio 87.7%
May 3 2013 // CEO Mike McGavick seemed quite pleased with XL’s results for, the first quarter of 2013. “XL once again delivered solid results — the kind of results we seek to routinely produce,” he wrote in the...
AXA to Buy 50% of China P&C Insurer Tian Ping for $631 Million
Apr 26 2013 // France’s AXA Group announced that it has entered into an agreement with Tian Ping Auto Insurance Company Limited shareholders to acquire 50 percent of the company. Under the terms of the agreement, and subject to...
XL Group Appoints Head of Global Claims in Connecticut
Apr 17 2013 // XL Group has hired Andrew Pinkes for the company’s insurance operations as executive vice president, global head of claims. He steps into the position previously held by Paul Tuhy, who has been appointed to XL...
Protective Life to Buy AXA’s U.S. Life Insurance Unit for $1.06 Billion
Apr 11 2013 // Protective Life Corp said it will buy Mony Life Insurance Company from parent AXA SA for $1.06 billion to access its portfolio of life insurance policies. Protective Life sees the deal adding between $0.10 and $0.15 to its...
XL Group Add Wrongful Internet Usage Protection to Private Co. EPLI Policies
Apr 4 2013 // XL Group’s Private Commercial insurance business has added wrongful Internet usage protection to its employment practices liability coverage as part of its management liability package to help employers contend with...
Protective Life in Lead for AXA US Insurance Assets – Sources
Mar 27 2013 // U.S. insurer Protective Life Insurance is the leading candidate to buy some of AXA SA’s U.S. life insurance assets in a deal that could be valued at around $1 billion, according to two people familiar with the...
AXA in Exclusive Deal to Sell Stake in Private Equity Division
Mar 26 2013 // France’s AXA Group announced that its asset management subsidiary, AXA Investment Managers (AXA IM), has received an irrevocable offer from an investor group for its entire stake in AXA Investment Managers Private...
XL Group Launches Recreational Marine Coverage for Yacht Owners
Mar 21 2013 // XXL Group’s North America Marine insurance business has launched a new suite of recreational marine coverages tailored to yacht owners called ShipShape. With limits up to $50 million, ShipShape provides a variety of...
XL Group Names Huels to Lead Surplus Lines’ GL Team in Chicago
Mar 11 2013 // XL Group plc’s surplus lines team continues to grow with the addition of Matthew Huels who joins as vice president and general liability line of business head. He is based in Chicago and reports to Roxanne Mitchell,...
XL Group Opens Facultative Reinsurance Office in Dallas
Mar 4 2013 // XL Group plc’s reinsurance operations opened a Dallas, Texas, office led by Dean Wolfe who was recently promoted to manager of XL’s newly created property facultative western region. Wolfe, who has more than 15...
XL Group Launches $850 Million Share Buyback; Raises Dividend
Feb 22 2013 // XL Group plc announced from its Dublin, Ireland headquarters that its Board of Directors has approved a new share buyback program, authorizing the Company to purchase up to $850 million of its ordinary shares. The previous...
XL Group Posts $81.4 Million Q4 Net Income; $651.1 Million Full Year
Feb 8 2013 // XL Group plc reported robust results for both the fourth quarter of 2012, and for the full year. The earnings highlights were listed as follows: • Operating net income of $38.9 million, or $0.13 per share, for the...
AXA Assistance Extends Classic Car Service Deal with Broker Footman James
Jan 28 2013 // AXA Assistance UK, a leading motor and property assistance provider (part of the global AXA Group) announced that it has extended its long-term partnership with specialist classic vehicle insurance broker Footman James to...
XL Group Appoints Northeast Manager for North America Property Team
Jan 3 2013 // XL Group plc’s North America property business appointed Joseph Moylan as its Northeast regional manager. Based in New York, Moylan will serve property insurance clients throughout the Northeast. He reports to...
