Latest AXA XL Headlines
All the headlines from our AXA XL Topic Page, ordered by recency.
Munich Re Syndicate Taps McAdams from AXA XL as Head of Marine
Jun 18 2020 // Rob McAdams will be joining the Munich Re Syndicate as head of Marine. Based in London, he will oversee the global syndicate’s marine portfolio and help drive the underwriting business across cargo, fine art &...
AXA XL Taps Clarke from WTW, Generali’s Warke for UK Broker Management Team
Jun 17 2020 // AXA XL announced two additions to its UK broker management team: Michael Clarke has been appointed Regional Broker Distribution leader while Robyn Warke has been named Broker Distribution leader. As Regional Broker...
Charles Taylor Taps Former AXA Executive Brown as Group CEO
Jun 16 2020 // Charles Taylor, the London-based provider of services and technology solutions to the global insurance market, has appointed Rob Brown as group chief executive officer. With more than three decades of industry experience,...
AXA Identifies 1,700 Restaurant Contracts with Unclear Terms on Pandemic Payouts
Jun 4 2020 // French insurer AXA has identified 1,700 contracts signed with restaurant owners in France where the terms are not clear as to whether business interruption losses due to the COVID-19 crisis should be covered, its CEO told...
Billionaire Del Vecchio Doesn’t Seek Merger Between Generali and AXA or Zurich: Source
Jun 3 2020 // Leonardo Del Vecchio’s plans to boost the European presence of Italy’s top insurer Generali do not include a cross-border merger with rivals AXA or Zurich, a source close to the billionaire said on...
French Insurer AXA Plans to Cut Dividend by 50% on COVID-19 Impact
Jun 3 2020 // French insurer AXA plans to cut its dividend to 0.73 euros per share from a planned payout of 1.43 euros, the firm said on Wednesday, in order to preserve cash amid the coronavirus pandemic. AXA added that it could...
AXA XL Construction Ecosystem Platform Offers Risk Insights for Contractors
Jun 2 2020 // AXA XL’s North America Construction insurance business is launching the Construction Ecosystem, a digital platform that aggregates data to provide AXA XL’s contractor clients with insights to help manage risks...
Canopius Appoints AXA XL’s Elliott as APAC Casualty Underwriter
May 26 2020 // Canopius announced the appointment of Craig Elliott as casualty underwriter for the region, effective May 4, 2020. He reports to Claudio Saita, head of Australia & Pacific, and is based in the company’s Sydney...
Update: AXA to Pay Business Interruption Claims to Restaurants After Court Ruling
May 26 2020 // A Paris court ruled last week that AXA should pay a restaurant owner two months of revenue losses caused by the virus pandemic. AXA had argued its policy did not cover business disruption caused by the health...
French Court Orders AXA to Pay Restaurant’s COVID-19 Business Interruption Losses; AXA Vows to Appeal
May 22 2020 // A Paris court ruled that insurer AXA must pay a restaurant owner two months’ worth of coronavirus-related revenue losses, the restaurateur’s lawyer said on Friday, potentially opening the door to a wave of...
AXA’s Wattez-Richard Receives 1st Geneva Association Women-in-Insurance Award
May 15 2020 // The first annual Geneva Association Women in Insurance Award has been presented to Garance Wattez-Richard, CEO of AXA Emerging Customers, for her work in tackling the insurance protection gap and protecting underserved...
AXA Unit to Offer Medical Consultations to Guests of French Hotel Group Accor
May 15 2020 // AXA and French hotel group Accor have formed a strategic partnership to provide medical support to guests staying at Accor’s 5000 hotels worldwide. As soon as July 2020, Accor’s guests will be able to benefit...
AXA Ventures Leads $5M Investment in Cyber-Security Startup Hub Security
May 8 2020 // Hub Security, a startup that offers military-grade cyber-security solutions for fintech, cloud, blockchain and data storage, announced it has closed a $5 million Series A funding round led by AXA Ventures, with...
AXA XL Launches Virtual Risk Assessment Service Called ‘Remote Risk Dialogue’
Apr 28 2020 // AXA XL Risk Consulting has launched a new risk assessment service, Remote Risk Dialogue, to continue evaluating loss prevention across business lines amid COVID-19 restrictions. Using data captured from telephone calls,...
AXA Announces Death of Stefan Lippe, AXA Director, Former CEO of Swiss Re
Apr 24 2020 // AXA announced the death of Stefan Lippe, 65, who has been an AXA Director since 2012, and was the former chief executive officer of Swiss Re Group. Press reports reveal he died of complications from COVID-19. Stefan...
AXA XL Forms New Leadership Team, Aims to Restructure with Regional Business Units
Apr 21 2020 // AXA XL announced a new leadership team and proposed changes to the operating model of its Insurance business following a strategic review. Key proposed changes to the operating model include the creation of a single global...
QBE Taps AXA XL’s Harris as CEO, International, Succeeding Pryce
Apr 7 2020 // QBE Insurance Group has appointed Jason Harris as chief executive officer, International, succeeding Richard Pryce who is retiring at the end of this year. The role reports to Pat Regan, group chief executive officer and...
AXA XL Launches Insurance Policy for Autonomous Vehicles
Mar 20 2020 // AXA XL announced the launch of an insurance solution designed to cover the risks associated with autonomous vehicles. The offering will help companies developing or using the technology to better manage and transfer those...
Oman Insurance Considers Making Bid for AXA’s Middle East Operations
Mar 13 2020 // Oman Insurance Co. PSC is considering making a bid for the Middle Eastern operations of French insurer AXA SA, according to people familiar with the matter. The company that’s backed by Dubai-based bank Mashreq PSC...
AXA Plans to Form $156B Asset Management Unit, Catering to Alternative Assets
Mar 11 2020 // AXA SA plans to create a 137 billion-euro ($156 billion) asset-management unit to cater to the growing demand for real estate and other alternative assets. The French insurer will divide its asset-management business in...
