Latest AXA XL Headlines
All the headlines from our AXA XL Topic Page, ordered by recency.
AXA CEO: Rumored Generali Takeover ‘Makes No Sense At All’
Oct 4 2016 // French insurer AXA has no plans to merge with large rivals, its chief executive told a German newspaper, responding to recent speculation about a possible takeover of Italian peer Generali. “That makes no sense at...
XL Catlin Launches Logistics Services Insurance to Address Supply Chain Risks
Sep 28 2016 // To help U.S. businesses manage the risks of storing, handling and transporting goods from here to there, XL Catlin has introduced a new logistics services insurance policy. XL Catlin’s Logistics Services Coverage...
XL Catlin Appoints Chambers as Country Manager, Hong Kong – Insurance
Sep 27 2016 // XL Catlin’s insurance operations announced the appointment of Jamie Chambers as country manager for Hong Kong. In his new role, Chambers will be responsible for driving XL Catlin’s insurance business and market...
Loechner to Manage Gulf Coast Territory for XL Catlin’s US Marine Insurance Business
Sep 19 2016 // XL Catlin has promoted Jeffrey Loechner to Gulf Coast territorial manager for its U.S. Marine insurance business. He assumes underwriting and management responsibility for ocean cargo, blue and brown water hull, P&I,...
XL Catlin Updates Coverage for Design Professionals to Address Emerging Risks
Sep 16 2016 // XL Catlin has enhanced its design professional insurance policy form to address architects’, engineers’ and other design businesses’ changing professional liability insurance needs. According to Doug...
XL Catlin to Buy Australian Underwriting Agency Brooklyn
Sep 16 2016 // Specialist insurer XL Catlin has agreed to acquire Australia’s Brooklyn Underwriting from Paul Hines. Brooklyn is an underwriting agency in Australia and a Lloyd’s approved coverholder, that has been operating...
Liberty Mutual’s Agatep Named Underwriting Chief for XL Catlin’s New Accident, Health Business
Sep 12 2016 // Ronnell Agatep has joined XL Catlin’s global retail Accident & Health (A&H) insurance business as its global head of underwriting. Based in New York, Agatep assumes this newly-created role to drive product...
XL Catlin Hires Agatep in New York
Sep 12 2016 // XL Catlin has hired Ronnell Agatep as global head of underwriting in its newly launched global retail accident and health insurance business. The firm’s new business aims to help corporate clients safeguard their...
XL Catlin Names Tennant Pollock as VP, Emerging Markets
Sep 6 2016 // XL Catlin has named Lauren Tennant Pollock as vice president, Emerging Markets, based in New York. She will work with XL Catlin’s Emerging Markets team providing reinsurance and insurance to developing regions across...
AXA Weighs 650 Belgium Job Cuts in ‘Transformation’ to Strengthen Unit
Sep 6 2016 // AXA SA is considering cutting 650 jobs in Belgium over the next two years, as Europe’s second-largest insurer overhauls its range of products sold in the country. AXA Belgium has presented the plan to unions Monday,...
AIG, Chubb, XL Group Lead in U.S. Cyber Coverage Market Share: Fitch Ratings
Sep 6 2016 // The U.S. property/casualty insurance industry generated $1 billion in direct written premium volume for cyber insurance in 2015. American International Group (AIG), Chubb and XL Group led the market, according to Fitch...
XL Catlin Updates Active Assailant Cover to Include Use of Road Vehicles in Attack
Aug 31 2016 // XL Catlin announced it has updated the wording of its “Active Assailant” coverage to include the use of road vehicles in an attack. Stephen Ashwell, XL Catlin’s chief underwriting officer for Crisis...
Sompo Canopius Launches U.S. Ocean Marine Unit; Hires XL Catlin’s Ellis to Head
Aug 31 2016 // Sompo Canopius AG is diving into the U.S. ocean marine business. The global specialty insurer and reinsurer, which is wholly-owned by Sompo Japan Nipponkoa Insurance Inc., calls this a “significant expansion”...
XL Catlin Names Chow as Senior U/W, Political Risk & Trade Credit, Asia Pacific
Aug 25 2016 // XL Catlin’s insurance operations announced the appointment of Bonnie Chow as senior underwriter, Political Risk and Trade Credit insurance for Asia Pacific. She will be based in Sydney. Chow has over 20 years’...
Allianz, AXA Bid for Rights to Sell Products via StanChart Outlets in Asia: Sources
Aug 18 2016 // Allianz SE, Europe’s biggest insurer, and France’s AXA SA were among first-round bidders for the rights to distribute general insurance products through Standard Chartered Plc outlets in Asia, according to...
AXA to Sell Its Romanian Life & Savings Operations to Vienna Insurance Group
Aug 4 2016 // AXA said it has entered into an agreement with Vienna Insurance Group to sell its life & savings insurance operations in Romania and exit the Romanian market. Under the terms of the agreement, Vienna Insurance Group...
AXA H1 Net Income Rises 4% to $3.6B as L&H Earnings Offset Cat Losses
Aug 3 2016 // AXA SA, France’s biggest insurer, said first-half profit rose 4 percent as increased earnings from life and health insurance helped offset higher claims from natural catastrophes. Net income climbed to 3.2 billion...
AXA, Alibaba and Ant Financial Services Form Global Strategic Partnership
Jul 29 2016 // AXA, Alibaba and Ant Financial Services have formed a global strategic partnership to explore opportunities to distribute AXA’s insurance products and services through Alibaba’s global e-commerce platforms. The...
XL Group Completes Relocation of Domicile to Bermuda
Jul 27 2016 // XL Group Ltd. announced it has completed its redomestication to change the place of incorporation of the ultimate parent holding company to Bermuda from Ireland. As previously announced, the name of the new holding company...
XL Catlin Opens Unit in Africa to Write Facultative and Treaty Reinsurance
Jul 19 2016 // XL Catlin has established a new Reinsurance Unit focused on providing facultative and treaty reinsurance across Africa. Leading the team is Alex St James who has been appointed as head of Africa for XL Catlin’s...
