Latest AXA XL Headlines

All the headlines from our AXA XL Topic Page, ordered by recency.

NIP Group, AXA XL Partner on Greenhouse, Garden Center, Nursery Insurance Program

Mar 5 2019 // NIP Group, Inc. has entered into an underwriting agreement with AXA XL on its GrowPro insurance program. GrowPro provides a complete insurance product for greenhouse growers, nurseries and garden centers...

AXA Reports 66% Drop in 2018 Net Profit on U.S. Unit’s IPO Costs, Natural Disasters

Feb 21 2019 // Net profits at AXA, Europe’s second biggest insurer, fell sharply as a result of charges related to its U.S. unit’s initial public offering (IPO) and a spate of natural disasters, although AXA hoped for higher...

Ironshore’s Shrubb Joins AXA XL’s Terrorism Insurance Team in U.S.

Feb 20 2019 // Morgan Shrubb has joined AXA XL Insurance as underwriting manager for War, Terrorism & Political Violence insurance. Shrubb joins AXA XL from Ironshore International where she served as a production specialist, charged...

AXA XL Merges European Teams with Job Losses Expected

Feb 12 2019 // AXA XL announced another step in its post-merger integration which is expected to lead to job losses in Europe. AXA XL said it began transferring employees in Europe into a single employing company at the beginning of...

AXA XL’s Holmes Joins Kemper as Chief Actuary, Strategic Analytics Officer

Feb 5 2019 // Kimberly A. Holmes has joined Kemper Corp. as senior vice president, chief actuary and strategic analytics officer. Holmes will lead Kemper’s enterprise-wide actuarial and analytics teams. Holmes’ direct...

AXA Real Estate Unit Confident About Its London Skyscraper, Despite Brexit Uncertainty

Jan 31 2019 // It was a tricky time for the commercial real estate business in London. Within days, Britons would be voting on whether to remain in the European Union or leave. The French insurance giant AXA SA was trying to figure out...

AXA XL Transfers XL Insurance from UK to Dublin as Post-Brexit HQ

Jan 18 2019 // AXA XL has completed the transfer of its European Union insurance company, XL Insurance Co. SE (XLICSE), from the UK to Dublin, Ireland. XLICSE is a wholly owned subsidiary within the AXA XL division of AXA Group,...

AIG’s Bernal Joins AXA XL’s Broker/Client Management Team in Texas

Jan 17 2019 // Roman E. Bernal has joined AXA XL’s broker and client management team in Houston as client distribution leader for the US South Central region, reporting to Wayne Speeg, US South Central regional leader. Bernal will...

AXA XL Uses AI to Speed Up Property Engineering Risk Analysis, Underwriting

Jan 10 2019 // AXA XL Risk Consulting announced it is using artificial intelligence (AI) to enhance its property risk engineering capabilities. AXA XL Risk Consulting is working with Expert System, an Italian developer of cognitive...

AXA XL Appoints Dicob to Excess Casualty Insurance Team in New York

Jan 9 2019 // AXA XL has appointed Andrew Dicob to its Excess Casualty Insurance team as leader for the U.S. Northeastern region. Based in New York and reporting to Donnacha Smyth, president of Global Excess Casualty, Dicob will work...

People

Jan 7 2019 // Insurance broker Willis Towers Watson has appointed Bill Creedon as Construction Industry leader for North America within its Corporate Risk and Broking segment. Creedon, a 30-year insurance and construction risk industry...

Top Insurance Journal International Stories of 2018

Dec 31 2018 // Mergers & acquisitions drew a lot of interest from the readers of Insurance Journal’s International section in 2018 with 11 of the top 25 articles focusing on Marsh & McLennan’s acquisition of JLT,...

Harwood Joins AXA XL’s Broker and Client Management Team in Chicago

Dec 19 2018 // Josh Harwood has joined AXA XL’s Broker and Client Management team as client distribution Leader for the US North Central Region. He is based in Chicago and reports to Todd Sutherland, US North Central Regional...

People

Dec 17 2018 // XL Catlin has added Kimberly Hans to its Broker & Client Management team as Southeast Regional Leader. Hans is based in Atlanta and reports to Robert Peretti, XL Catlin’s Head of Broker & Client Management in...

AXA XL’s E&S Casualty Insurance Names 2 U.S. Product Leaders

Dec 12 2018 // AXA XL insurance has appointed new Excess & Surplus (E&S) Casualty product leads in the U.S. Ankur Chokshi has been promoted to head of E&S Primary Casualty and Brokerage and Binding Authority while Kimberly...

AXA XL Adds Cybersecurity Services to Cyber Insurance Program

Nov 30 2018 // AXA XL, a division of AXA, has added complimentary proactive cybersecurity services for its primary cyber & technology insurance clients to improve their cybersecurity preparedness. During their first cyber insurance...

AXA to Buy Remaining 50% Stake in AXA Tianping for China Growth

Nov 28 2018 // AXA announced it has entered into an agreement with the current domestic shareholders of AXA Tianping Property & Casualty Insurance Co. Ltd. to acquire the remaining 50 percent stake of the company. Total consideration...

Update: AXA Expects Profits to Be Boosted by Its $15 Billion XL Deal

Nov 28 2018 // AXA, Europe’s second-biggest insurer, expects its profitability to improve in the next two years thanks to U.S. business brought in by its new XL arm, and said it would now focus on expanding in Asia. The French...

XL Insurance to Cut Coal Industry Business Under Parent AXA’s Climate Order

Nov 26 2018 // AXA, France’s biggest insurer, has extended its climate change policy to its recently acquired XL division, joining a growing list of European insurers that have taken action to help to tackle global warming. AXA,...

AXA XL Buys 100% of New Ocean to Build Alternative Capital Business

Nov 20 2018 // AXA XL’s reinsurance operation has completed the acquisition of all third party ownership interests in its majority-owned asset management affiliate, New Ocean Capital Management Ltd. Financial details of the...