AXA XL News

Tech Update: AXA XL Launches Solution to Evaluate and Manage Water Risks

AXA XL Risk Consulting announced the launch of its Water Impact and Sustainability Evaluation (WISE) tool – a remote, customizable solution which helps risk managers to understand, evaluate and act on water risks. Amid a changing climate, water risks affect …

Tech Update: AXA XL Launches Virtual Reality Training Solution for Risk Managers

AXA XL Risk Consulting announced the launch of AXA Immersive Solutions, an innovative training solution leveraging virtual reality (VR) and digital twin technologies. AXA Immersive Solutions gives AXA XL’s risk consultants access to a 3D model of a standard factory …

People Moves: AXA XL Promotes Lebas to Head of Mid-Market, APAC & Europe; AgriSompo Int’l Taps EMC Re’s Smith as SVP International Operations Deputy

This edition of International People Moves details appointments at AXA XL and Sompo International’s AgriSompo. A summary of these new hires follows here. AXA XL Promotes Lebas to Head of Mid-Market, APAC & Europe AXA XL announced the appointment of …

Reinsurers Hope Profitability Party Will Last – But All Good Things Must End

Executive summary: Fitch Ratings is projecting reinsurer returns on equity of 14% in 2023 and 2024, results that reflect a reinsurance environment that has effectively returned to the pre-soft market state of providing capital protection rather than earnings protection for …

People Moves: Marsh Names Harris CEO, UK Retail; AXA XL Appoints Meier as Chief Client Officer

This edition of International People Moves details appointments at Marsh McLennan and AXA XL. A summary of these new hires follows here. Marsh Appoints Harris as CEO, UK Retail Marsh McLennan announced the appointments of Nick Harris as CEO, UK …

People Moves: AXA XL Names Hopkinson Canada Country Mgr; BHSI Promotes Leandri for Risk Control; Coalition Taps MS Amlin’s Wynne Davies as UK Special Projects Lead

This edition of International People Moves details appointments at AXA XL, Berkshire Hathaway Specialty Insurance (BHSI), and the cyber insurer Coalition. AXA XL Names Hopkinson as Canada Country Manager AXA XL announced the appointment of Glen Hopkinson as the new …

People Moves: Gallagher Re Taps Howden’s Posada for LatAm, Caribbean Sales; Dale Hires Pettifer for Property Open Mkt; AXA XL Names Hayzelden for Upstream Energy

This edition of International People Moves details appointments at Gallagher Re, Dale Underwriting Partners and AXA XL. A summary of these new hires follows here. Gallagher Re Taps Posada from Howden to Lead LatAm, Caribbean Sales Gallagher Re announced that …

Markets/Coverages: AXA XL Launches Carbon Emissions Product for Marine Clients

AXA XL in the UK has launched its Excess Emissions Insurance product helping marine clients to manage their environmental footprint and support action on carbon emissions. In partnership with ClimateSeed – a company that provides premium carbon removal and avoidance …

People Moves: AXA XL Names Guidée Reinsurance CEO as Bewlay Moves to Group CUO; McGill and Partners Grows in Bermuda With Stubbings Hire

AXA XL said Renaud Guidée has been appointed as chief executive officer, Reinsurance, effective September 1. Guidée assumes the role from Nancy Bewlay, who has been appointed group chief underwriting officer. In this newly created role, Bewlay joins AXA’s Management …

Top Cyber Insurers: 2022 Ranking Reveals Sprinters, Market Share Shifts

In a year when cyber insurers notched the third-lowest industrywide loss ratio since 2015, and cyber premiums vaulted to $7.2 billion, a premium ranking shows two carriers growing more than 150% to landing in prominent top-10 spots. Fitch compiled and …