Latest AXA XL Headlines
All the headlines from our AXA XL Topic Page, ordered by recency.
AXA XL Launches Insurance Policy for Autonomous Vehicles
Mar 20 2020 // AXA XL announced the launch of an insurance solution designed to cover the risks associated with autonomous vehicles. The offering will help companies developing or using the technology to better manage and transfer those...
Oman Insurance Considers Making Bid for AXA’s Middle East Operations
Mar 13 2020 // Oman Insurance Co. PSC is considering making a bid for the Middle Eastern operations of French insurer AXA SA, according to people familiar with the matter. The company that’s backed by Dubai-based bank Mashreq PSC...
AXA Plans to Form $156B Asset Management Unit, Catering to Alternative Assets
Mar 11 2020 // AXA SA plans to create a 137 billion-euro ($156 billion) asset-management unit to cater to the growing demand for real estate and other alternative assets. The French insurer will divide its asset-management business in...
Update: AXA Appoints Chubb’s Gunter as CEO of AXA XL, Replacing Hendrick
Feb 20 2020 // AXA announced the appointment of Scott Gunter as chief executive officer of AXA XL. He will replace Greg Hendrick, who has decided to pursue other opportunities outside the group. Gunter was previously senior vice...
AXA Lowers 2020 Profit Guidance for XL Unit
Feb 20 2020 // French insurer AXA lowered its 2020 profit guidance for its companies-focused XL unit and named a new boss for the division, as it stepped up measures to reduce exposure to risks stemming from natural disasters that become...
Generali, Great Eastern Weigh Bids for Malaysia Insurers, Part Owned by AXA: Sources
Feb 18 2020 // Singapore’s Great Eastern Holdings Ltd. and Assicurazioni Generali SpA are among potential bidders for the life and general insurance businesses in Malaysia that AXA SA and Affin Bank Bhd. own, according to people...
AXA XL Appoints Benet as Global Chief Underwriting Officer for Cyber
Feb 5 2020 // To help manage its cyber risk portfolio worldwide, AXA XL has named Elizabeth Benet to the newly-created role of global chief underwriting officer for Cyber. Benet will help the insurer monitor its cyber risk portfolio and...
AXA Liabilities Managers to Acquire RenaissanceRe (UK) Limited in Runoff
Feb 4 2020 // AXA Liabilities Managers has agreed to acquire RenaissanceRe (UK) Limited, a company currently in runoff, from RenaissanceRe Holdings Ltd. Formerly known as Tokio Millennium Re (UK) Limited, the UK run-off business was...
Online Insurance Broker Policygenius Raises $100M From AXA, Others
Feb 3 2020 // Online insurance marketplace Policygenius raised $100 million in new financing. The company plans to use the money for hiring, to grow and to broaden the consumer financial protection products it will unveil in...
People & Places
Jan 27 2020 // National Philadelphia Insurance Companies, a commercial property/casualty and professional liability insurer, has promoted Michael Cundiff from vice president to senior vice president of Surety. Cundiff will succeed Ed...
AXA Reviews Potential Sale of Middle Eastern Operations: Sources
Jan 24 2020 // AXA SA is considering options for its Middle Eastern operations including a potential sale, as Chief Executive Officer Thomas Buberl continues to streamline the operations of Europe’s second-largest insurer, people...
AXA XL Completes Merger of XL Insurance Co. with AXA Corporate Solutions, AXA ART
Jan 13 2020 // AXA XL announced it has successfully merged AXA Corporate Solutions (ACS) and AXA ART into XL Insurance Co. SE (XLICSE). The merger, which was approved by the relevant regulatory authorities including the Central Bank of...
People & Places
Jan 13 2020 // National Sheri Wilbanks AXA XL Risk Consulting has appointed Sheri Wilbanks as its global Casualty & Environmental Lines of Business manager. Wilbanks will be responsible for building a global casualty and...
AXA XL, Slice Labs, Microsoft to Offer Cyber Risk Management Tools
Dec 23 2019 // AXA XL, the p&c and Specialty Risk Division of global insurer AXA, Slice Labs Inc. (Slice), an on-demand insurer of cloud technology, and Microsoft will work together to help improve cyber health and mitigate risks for...
AXA XL Adds Novoa, Delaney to Environmental Insurance Team in New York
Dec 12 2019 // AXA XL has welcomed Senior Underwriters Odette Novoa and Erica Delaney to its Environmental insurance team in New York. Both have joined AXA XL’s Northeast regional environmental underwriting team and report to Hiral...
Preferred Property Program Launches D&O Policy for Community Associations
Dec 3 2019 // Preferred Property Programs (PPP), a division of Jacobson, Goldfarb & Scott, Inc. (JGS Insurance), has released a national insurance product for community associations. In conjunction with AXA XL, a division of AXA,...
AXA XL Names AIG’s Wilbanks as Casualty, Environmental Risk Engineering Manager
Dec 2 2019 // AXA XL Risk Consulting has appointed has appointed Sheri Wilbanks as its global Casualty & Environmental Lines of Business manager. Wilbanks will be responsible for building a global casualty and environmental risk...
AXA XL Buys London-Based Title Insurance Agency, Agrees to Buy Mexico Title Insurer
Nov 27 2019 // AXA XL announced it has completed the acquisition of Secure Legal Title Ltd., a London-based insurance agency and Lloyd’s approved coverholder, with operations in the U.K., Europe, India and the Americas. Founded in...
AXA XL Launches Risk Innovation Incubator Called ‘Cube’
Nov 20 2019 // AXA XL Insurance launched Cube, a risk innovation incubator, a six-week program designed to enable risk managers to work alongside AXA XL risk and innovation experts to develop innovative risk management solutions for...
Are Employees Pushing Insurers to Shun Coal in Climate Change Movement?
Nov 7 2019 // Seventeen insurers have restricted insurance services to coal projects in the past two years. A dozen insurers have adopted policies to stop all direct insurance coverage to new coal projects – among them are Allianz,...
