Latest AXA XL Headlines
All the headlines from our AXA XL Topic Page, ordered by recency.
Ageas Completes Acquisition of AXA’s Portuguese Business for $215.2 Million
Apr 5 2016 // Ageas has completed the purchase of AXA’s Portuguese operations, which has a non-life business, a direct/internet non-life business and a life business. AXA said the sale was completed for a total cash consideration...
AXA Completes Acquisition of Charter Ping An Insurance in Philippines
Apr 5 2016 // AXA Philippines announced it has completed the acquisition of Charter Ping An Insurance Co. for €40 million ($45.6 million) from GT Capital. The acquisition of CPA, the fifth largest non-life insurer in the Philippines,...
Update: AXA’s Chairman & CEO De Castries to Retire Early; Buberl Named CEO
Mar 21 2016 // AXA SA Chairman and Chief Executive Officer Henri de Castries is leaving earlier than expected, handing over the post of CEO to Thomas Buberl as France’s largest insurer splits its top jobs. De Castries, 61, will...
XL Catlin Restructures South Europe Insurance Operations; Managers Appointed
Mar 16 2016 // XL Catlin’s insurance segment announced that it has restructured its Southern Europe operations to include France alongside Italy and Iberia. Southern Europe is led by Regional Manager Bruno Laval, who takes on an...
XL Catlin Appoints Greggains as CEO of Canadian Insurance Operations
Mar 11 2016 // XL Catlin announced the appointment of Nick Greggains as chief executive officer of XL Catlin’s Canadian insurance operations. In his new role, Greggains will lead XL Catlin’s regional business strategy and...
XL Catlin Expands Crisis Management Product Suite in UK, Asia Pacific, Germany
Mar 10 2016 // XL Catlin has introduced “Active Assailant” coverage to its crisis management product suite to respond to the threat of physical attack faced by businesses and public service providers. “Active Assailant...
XL Catlin Expands Professional Liability Unit; Adds AIG’s Santiago
Mar 2 2016 // XL Catlin has announced the regional expansion of its Hartford-based Professional Liability underwriting operations, establishing offices in New York, Chicago, Denver and Toronto. According to Dan Kumpf, chief executive of...
XL Group Proposes Moving Domicile to Bermuda from Ireland
Feb 29 2016 // XL Group plc announced a proposal to change its parent holding company’s place of incorporation to Bermuda from Ireland. “Establishing our corporate home in Bermuda is a natural step for XL. XL has had a...
XL Catlin Names Brookman Sr. VP, Alternative Capital, in Newly Created Role
Feb 26 2016 // XL Catlin has appointed Daniel Brookman as senior vice president, Alternative Capital, a newly created role. Brookman was previously head of Capital Markets at Montpelier Re Holdings Ltd. where he developed and managed...
AXA’s 2015 Net Income Rises 12% on Life Insurance Sales in Europe, Asia
Feb 25 2016 // AXA SA, France’s largest insurer, said 2015 profit rose 12 percent, helped by higher life insurance sales in Europe and Asia. The shares rose. Net income climbed to 5.62 billion euros ($6.2 billion) from 5.02 billion...
Allianz, AXA & Sompo to Distribute Products Across Asia via CIMB Bank Branches
Feb 19 2016 // Allianz SE, AXA SA and Sompo Japan Nipponkoa Holdings Inc. made final bids for the rights to distribute their general insurance products through CIMB Group Holdings Bhd.’s branches across Asia, people with knowledge...
AXA Invests $84 Million in Africa Internet Group, Taking 8% Stake
Feb 8 2016 // E-commerce firm Africa Internet Group and French insurer AXA said on Monday they had formed a partnership in which AXA will be the exclusive provider of insurance to AIG and invest 75 million euros ($84 million) to take a...
XL Catlin Promotes Elder to Chief Marine Underwriting Officer for Americas
Feb 4 2016 // XL Catlin today announced the promotion of Anne Marie Elder to the role of chief underwriting officer of Marine for the Americas region. Elder, who previously held the position of senior vice president and chief...
XL Catlin Unveils Workplace Violence Coverage for Mid-Size Companies
Feb 4 2016 // XL Catlin has introduced a new insurance policy to help mid-size companies in the U.S. respond and recover from incidents of workplace violence. According to Denise Balan, Americas Head for XL Catlin’s Crisis...
XL Catlin Opens Brisbane Office, Continuing Regional Expansion
Jan 26 2016 // XL Catlin’s insurance segment announced it has opened its third office in Australia, located in Brisbane. The office will be initially staffed by Geoff Still and Steve Rogers covering property & casualty...
XL Catlin Expands Architects & Engineers Product to Cover Drones, Technology Risks
Jan 25 2016 // XL Catlin’s Design Professional insurance business has enhanced its professional liability insurance for architects and engineers (A&E) as well as other design professionals. XL Catlin’s newest Design...
XL Catlin Appoints 2 P&C Underwriters in Brazil to Help with Strategic Expansion
Jan 25 2016 // XL Catlin announced it has strengthened its Brazilian team with two appointments. Patricia Britto has joined as property underwriter and Luiz Carlos Dos Santos as senior casualty underwriter – both based in Sao Paulo....
XL Catlin Applies for License to Open Reinsurance Branch in India
Jan 21 2016 // XL Catlin announced it has begun the licensing process to establish a reinsurance branch in India. The decision to pursue market entry into India aligns with XL Catlin’s strategy of establishing a presence in...
XL Catlin, RPS/Plus Add Data & Theft Endorsements to Title Agent Policies
Jan 14 2016 // XL Catlin and RPS/Plus Companies have launched two new endorsements – making data breach and added theft protection available – for their professional liability insurance program specifically designed for title and...
XL Catlin Finalizes UK & Ireland Team of Business Leaders with Energy Promotions
Jan 6 2016 // XL Catlin announced it has made a series of promotions in its energy team, which complete its U.K. and Ireland team of business leaders. Stephen Hawkins has been promoted to global product head for upstream energy, while...
