Latest AXA XL Headlines
All the headlines from our AXA XL Topic Page, ordered by recency.
France’s AXA Posts 180% Surge in 1st Half Net Income as XL Unit Swings to Profit
Aug 2 2021 // AXA posted a 180% surge in first-half net income on Monday as the French insurer rebounded from a spike in pandemic-related claims that led to a 1.5 billion euro ($1.8 billion) charge last year. Europe’s...
People Moves: Miller’s Higgins Joins New Broker Inver Re; Hartford Hires AXA XL’s Brodzinski for Global Specialty; Bayman to MS Amlin for Aviation Reinsurance
Jul 20 2021 // This edition of International People Moves covers appointments at a new reinsurance broker, Ardonagh’s Inver Re; The Hartford’s Global Specialty business unit, and the aviation reinsurance division of MS Amlin...
People Moves: AXA XL Hires AXIS’ Watson as Snr U/W; Hartford’s Pallett to Tegron; Chubb’s Bagaric to BHSI; MGA Spring Hires AXA XL’s Stanford
Jul 13 2021 // These international People Moves detail appointments at AXA XL, Tegron Specialty (the new D&O underwriter), Berkshire Hathaway Specialty Insurance, and London-based MGA platform Spring Partners. A summary of these new...
AXA Partners, Club Med Launch Travel Insurance Program
Jul 9 2021 // Club Med and AXA Partners have signed an agreement to offer an insurance policy designed to cover unforeseen events that travelers may encounter before, during or after their trip, including COVID-19. The “Serenity...
People Moves: Allianz’ Ress to AXA XL; Tye Succeeds Card as Carbon’s CEO; Woodhams Promoted at iprism
Jul 6 2021 // This group of international People Moves provides details of appointments at insurer AXA XL; Carbon Underwriting, a managing general underwriter; and iprism, a managing general agent. A summary of these new hires...
French Mutual Insurer Covéa Eyes Purchase of AXA XL’s Reinsurance Business: Reports
Jun 28 2021 // Covéa, the French non-life mutual, is interested in acquiring AXA XL’s reinsurance business, AXA Re, in a deal that could be valued at €5 billion, according to press reports. The news story, which originally...
AXA Partners with Hong Kong Broadband Network to Offer Homeowners Insurance
Jun 22 2021 // Hong Kong Broadband Network Ltd. (HKBN) is now offering customers an “All-in-One Home Kit,” complete with fiber broadband service and home insurance from AXA Hong Kong and Macau (AXA). The kit also has a home...
Generali Agrees to Buy AXA’s Malaysian P/C and Life Insurance Units
Jun 22 2021 // MILAN/PARIS/KUALA LUMPUR – Italy’s top insurer Generali has agreed to buy AXA’s insurance assets in Malaysia and take full ownership of a joint-venture it runs in the country to strengthen its local...
People Moves: Carpenter Hires AXA XL’s Gressier; Aon’s Bisset to Lockton Re’s Global Retro Unit; BHSI Canada Promotes Knight
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...
AXA Offers €300M to Settle COVID-19-Related BI Claims for French Restaurant Owners
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...
People Moves: AXA’s Sayce to AGCS as Head of Cyber; AGCS’ Drubhra to HDI; Amwins Hires Miller’s Johnson, AFL’s Ritson, Nationale Nederlanden’s Dekker
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...
Generali Completes Purchase of AXA’s Greek Units, Forms Bancassurance Agreement
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...
People Moves: WTW’s Harvey to Acrisure Re; Fidelis’ Clapham to IGI; AXA XL’s Paeßens to Liberty Specialty Markets; Leggett Is CEO of Sedgwick Ireland
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...
Ransomware Attacks Hit AXA’s Asia Units, New Zealand Health Provider
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...
People Moves: Marsh’s Daudt to Oneglobal; MS Amlin’s Boreham to Africa Specialty Risks; Zurich’s Jadav to AXA XL; RFIB’s Hallett to SiriusPoint
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...
People Moves: AXA XL Canada Names 5 Underwriters; MS Amlin Appoints 2 at Reinsurance Business
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...
Colonial Pipeline’s Cyber Insurers Include AXA XL, Beazley
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...
Insurer AXA to Stop Paying for Ransomware Crime Payments in France
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...
People Moves: AXA XL’s Powell Joins Zurich Financial Lines; BHSI Transactional Adds Lockton’s Thieviasingham
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...
People Moves: AXA XL’s Hiscock to AXIS; Carpenter Promotes Gaudron, Hires Willis Re’s den Boer; Dahlmann at Marsh; Forder to Dale Underwriting
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. Lisa Hiscock AXIS Re, the reinsurance...
