Latest AXA XL Headlines
All the headlines from our AXA XL Topic Page, ordered by recency.
XL Group, Munich Re, New Energy Risk Provide Insurance for Fuel Cell Project
Sep 12 2014 // XL Group’s Complex Accounts unit, Munich Re’s Green Tech Solutions team, and consultants New Energy Risk (NER), have teamed up to deliver a performance insurance policy for a portfolio of fuel cell servers...
XL Group Appoints Latham to Strengthen Captive Programs
Sep 10 2014 // XL Group announced the appointment of Matthew Latham as Head of Captive Programs, in a move which strengthens the Group’s offering to clients with captives. Jason Harris, Chief Executive, International Property &...
XL Group Expands Marine Team on West Coast
Sep 4 2014 // XL Group has added Mikki K. Williams as regional vice president and Bruce Pichon as inland marine manager to its North America Marine business’ West Region. Based in Los Angeles, Pichon reports Williams, who will be...
XL Group Strengthens Financial Lines Team in Switzerland
Sep 4 2014 // XL Group announced that it has reinforced its team in Switzerland in “response to the growing needs of multinational companies for Financial Lines coverage.” XL announced the enhancement of the team handling...
How Insurance Can (or Can’t) Help You – a True Story
Aug 29 2014 // When it comes to personal lines insurance there are really only two attachment points – acquiring the policy and making a claim. The first is fairly simple, although less so if you happen to be a young driver. It’s...
Kretiv Joins XL Group Distribution & Network Team in Dallas
Aug 19 2014 // XL Group’s North America distribution and network team has added Michael Kretiv as vice president and client distribution leader. Based in XL’s Dallas office, Kretiv reports to Wayne Speeg, XL Group’s...
AXA to Buy $450 Million Stake in U.K. Mall from Land Securities
Aug 13 2014 // AXA SA’s property unit agreed to buy a 50 percent stake in a shopping mall and other assets in the English city of Bristol from Land Securities Group Plc for £267.8 million ($450 million). The purchase of Cabot...
XL Group’s Trade Receivables Insurance Team Grows in US and UK
Aug 12 2014 // XL Group announced that it is addressing “businesses’ growing interest in Trade Receivables Insurance (TRI),” with the addition of “underwriting resources with the appointments of Jennifer...
AXA First-Half Profit Rose 22%, Led by Life & Savings Unit
Aug 1 2014 // AXA SA, France’s largest insurer, said first-half profit rose 22 percent, buoyed by improved earnings from selling life insurance and savings products. Net income rose to €3 billion ($4 billion) from €2.47...
XL Group Posts $279.3 Million Q2 Net Loss; $279.6 Operating Income
Jul 29 2014 // The XL Group announced that its operating net income for the second quarter of 2014 was $279.6 million, or $1.02 per share, which produced “a net loss attributable to ordinary shareholders of $279.3 million including...
XL Group Launches Cyber Liability Coverage in Brazil
Jul 22 2014 // After last month’s launch of its cyber liability including professional indemnity coverage for technology companies, XL Group has announced “the launch of a second, more general cyber risks insurance solution...
Best Takes Rating Actions on AXA Financial, Certain Subsidiaries
Jul 21 2014 // A.M. Best has revised the outlook of the issuer credit ratings (ICR) to stable from negative and affirmed the ICR of “a-” and debt ratings of New York-based AXA Financial, Inc., and has revised its outlook on...
Schmitz to Head XL Group’s Global Property Risk Engineering
Jul 16 2014 // XL Group has appointed Dave Schmitz to lead its global Property Risk Engineering Services, including XL Global Asset Protection Services, a network of risk engineers who provide on-site property risk analysis and support...
People – Midwest
Jul 7 2014 // Kansas City, Mo.-based Lockton named Joe Agnello president of the insurance broker’s Kansas City property/casualty business unit. Agnello, a 20-year Lockton veteran, succeeds Ron Lockton, who will devote more time to...
People – Southeast
Jul 7 2014 // Florida’s BB&T Insurance Services has promoted Gino Littlestone to senior vice president in BB&T-Oswald Trippe and Co.’s commercial lines division specializing in condominiums. Littlestone has been...
XL Group Creates Cyber Risk Unit, Promotes Coletti as Head
Jun 18 2014 // To meet the demand for cyber insurance in the U.S. and Canada, XL Group’s Global Professional unit said it has established a North America Cyber & Technology Risk business unit. The new business is being led by...
People – Southeast
Jun 16 2014 // Keystone Insurers Group has named Matthew Sinosky as its director of business development. He is based in Keystone’s Northumberland, Penn., headquarters. Sinosky comes to Keystone from Eastern Alliance Insurance Co.,...
XL Group Hires AIG’s Lyles for Global Professional Unit
Jun 15 2014 // XL Group has appointed Kelly Lyles to lead its global unit that sells professional liability insurance for directors and officers, financial institutions, architects, engineers and other businesses and service...
Ratings Recap: AXA U.S. Subs, Southern Farm, Iron Horse
Jun 9 2014 // A.M. Best has revised the issuer credit ratings (ICR) outlook to stable from negative and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and ICRs of “a+” of AXA Insurance Company...
XL Group Hires Railroad Underwriter in New York
Jun 4 2014 // XL Group has hired Aldith “Allie” Townsend as a new underwriter in its railroad business, part of XL Group’s Global Excess Casualty division. Townsend will be based in New York and report to Senior Vice...
