Latest AXA XL Headlines
All the headlines from our AXA XL Topic Page, ordered by recency.
AXA Announces 1st Half Results, Estimates
Sep 14 2001 // France’s AXA Group announced that its 1st half earnings had reached €1.222 billion ($1.11 billion) a 12.4 percent increase over comparable figures for the year 2000. The company noted that its buyout of the...
Are Fine Arts Floaters A Silver Lining in the Insurance Market Cloud’
Sep 10 2001 // Unlike many lines of insurance, the fine arts and collections market has so far managed to avoid the difficulties of a hardening environment. But is it robust enough to carry the industry through tough times? Maybe not,...
Are Fine Arts Floaters A Silver Lining in the Insurance Market Cloud’
Sep 3 2001 // Unlike many lines of insurance, the fine arts and collections market has so far managed to avoid the difficulties of a hardening environment. But is it robust enough to carry the industry through tough times? Maybe not,...
AXA Appoints Dennis Holt as New U.K. CEO
Aug 17 2001 // AXA’s U.K. operations will finally have a new CEO when Dennis Holt, currently the head of retail banking for Lloyds TSB, takes over as Group Chief Executive on September 1st. Holt’s selection ends a search for...
Manufacturers Bank, AXA Advisors Enter Alliance
Jul 9 2001 // Manufacturers Bank announced that it had entered into a referral alliance with AXA Advisors LLC to provide bank customers with a full range of insurance and investment products through Shuster Financial Group, LLC. Michael...
AXA’s Bébéar, de Castries Under Formal Investigation in French Tax Probe
Jul 9 2001 // On June 12, French police detained and questioned AXA’s Management Board Chairman Henri de Castries and his predecessor, the company’s founder Claude Bébéar, who now presides over its Supervisory Board, about...
AXA Acquires Independent’s Small Business Website
Jul 5 2001 // AXA Insurance, the French giant’s U.K. unit, has acquired Independent Insurance’s small business website from the company’s liquidators. The site, www.business-risk.com, employs 17 people, who will be...
AXA’s Bébéar, de Castries Under Formal Investigation in French Tax Probe
Jun 25 2001 // On June 12, French police detained and questioned AXA’s Management Board Chairman Henri de Castries and his predecessor, the company’s founder Claude Bébéar, who now presides over its Supervisory Board, about...
AXA Founder, Chairman Released on Bail – Tax Probe Continues
Jun 15 2001 // Claude Bébéar, AXA’s founder and head of its advisory board, and its current CEO, Henri de Castries, were freed yesterday after each posted a 2 million franc ($258,000) bond. The two business leaders...
Police Question AXA’s de Castries, Bébéar in
Jun 13 2001 // French police detained and questioned AXA’s Management Board Chairman Henri de Castries, and his predecessor the company’s founder Claude Bébéar, who now presides over its Supervisory Board, about...
Report AXA-Deutsche Bank Fail To Agree
May 31 2001 // The ongoing negotiations between AXA, France’s largest insurer, and Germany’s Deutsche Bank have apparently ended without reaching any agreement for an alliance. I
AXA Names Condron To Head U.S. Operations
May 17 2001 // France’s AXA Group and its U.S. Subsidiary, AXA Financial, Inc. announced that Christopher M. “Kip” Condron has been named to succeed Edward D Miller as the new President and CEO of U.S. operations. He...
AXA Shareholders Approve Stock Split, Dividend Increase
May 10 2001 // AXA’s shareholders approved previously announced plans to split the company’s common stock on a four-to-one basis, and to increase annual dividend payments by 12 percent at a general meeting yesterday.
Allianz Makes Deal to Purchase Dresdner Bank for $20.5 Billion
Apr 9 2001 // After a week of intensive negotiations, Allianz AG and Dresdner Bank, Germany’s third largest, announced on April 1 that they have agreed to join forces to create Germany’s biggest financial institution. With...
AXA, Ren Re Take Equity Stakes in ICAT
Apr 5 2001 // Two leading reinsurance groups, AXA Corporate Solutions Reinsurance Company (successor to AXA Re), and Bermuda-based Renaissance Reinsurance Company have taken equity stakes in International Catastrophe Insurance Managers,...
Allianz Confirms Dresdner Talks – Deutsche Bank and Commerzbank Watch and Wait
Mar 30 2001 // “Allianz and Dresdner Bank confirm strategic talks concerning the creation of a leading integrated financial services provider for insurance, investment and banking services. The talks are in an advanced stage, but...
AXA CEO Confirms Talks With DB, Other Players
Mar 27 2001 // AXA’s CEO Henri de Castries, in an interview with the French financial newspaper La Tribune, confirmed that the French insurer had held talks with Germany’s Deutsche Bank and “other players,” whom...
AXA Net Operating Profit Up 21.2% At $2.07 Billion
Mar 15 2001 // France’s AXA announced results slightly above analysts’ forecasts on Wednesday, stating: “Net income rose 21.2% to an all-time high of Euro 2,261 million {$2.07 billion} from Euro 1,865 million {$1.706...
AXA’s Wood Named CEO of Prudential UK, European Operations
Feb 21 2001 // Prudential PLC has appointed Mark Wood as chief executive of the company’s UK and European Insurance businesses effective June 21. At that point Wood, 47, will take over responsibilities from chairman and executive...
AXA Confirms Banque Worms Sale to Deutsche Bank
Feb 7 2001 // France’s AXA Group confirmed the sale of wholly owned subsidiary Banque Worms to Germany’s Deutsche Bank for an undisclosed amount. The sale, scheduled to be completed before April 15, 2001, is ” in line...
