Latest AXA XL Headlines
All the headlines from our AXA XL Topic Page, ordered by recency.
XL Group Introduces New Environmental Excess Policy Form
Apr 20 2015 // XL Group’s Environmental insurance business has created a new excess insurance policy to provide clients and brokers in the U.S. and Canada with a simplified way to buy an additional layer of environmental insurance...
XL Launches Stand-Alone Auto Parts Recall Policy
Apr 15 2015 // XL Group announced the launch of a stand-alone automotive parts recall policy, a tailored insurance solution designed for suppliers in the automotive industry. The policy delivers a choice of coverage to respond to the...
AXA Strategic Ventures Invests in ‘Big Data’ Startup Company, Evercontact
Apr 9 2015 // AXA Strategic Ventures* has made a $1 million investment in the French tech startup company Evercontact, a cloud service that extracts contact information in emails and shares and updates them automatically. With more than...
XL Launches Security Insight Platform to Identify Global Business Risks
Apr 7 2015 // XL Group’s kidnap & ransom underwriting team has announced the launch of its new Global Security Insight (GSI) platform. Created and frequently updated by Salamanca Group, the merchant banking and operational...
AXA Says Nigeria Election Process Will Benefit Overall African Economy
Apr 7 2015 // AXA SA, the largest foreign insurer active in Nigeria, sees the peaceful manner in which the country is handling its first transition in political power in decades as supporting economic growth in the country and...
AXA: Tighter Capital Rules on Too-Big-to-Fail Insurers May Threaten Recovery
Apr 6 2015 // AXA SA, France’s biggest insurer, said plans to impose tighter capital rules on too-big-to-fail insurers will pose a new hurdle to European growth and do little to bolster financial stability. Insurance companies...
XL Group Creates Venture Capital Fund, XL Innovate; Hutton Named as Head
Apr 2 2015 // XL Group plc announced the creation of XL Innovate, an XL-sponsored venture capital initiative. The new fund will be led by Tom Hutton, a past director of XL who has a history of creating successful insurance and financial...
AXA Sees Opportunity in Abandoned London Skyscraper, the Pinnacle
Mar 18 2015 // When work halted on the Pinnacle tower in the City of London, most investors saw little more than an abandoned site. AXA Real Estate Investment Managers viewed it as an opportunity. “The foundation exists at this...
XL Group’s E&S Insurance Adds Miller in Chicago to Launch New Auto Product
Mar 6 2015 // XL Group’s Excess & Surplus (E&S) insurance team is expanding, adding Andrew Miller as underwriting manager for its newest product line, primary auto. Miller joins XL Group’s Chicago office with more...
XL Launches Primary Auto Product Line, Taps Miller to Lead
Mar 5 2015 // XL Group’s excess & surplus (E&S) insurance is adding primary auto capabilities to its product line and has added Andrew Miller as underwriting manager to lead this business. According to John Goodloe,...
AXA Posts 12% Increase in 2014 Profit Led by Life & Savings Division
Feb 25 2015 // AXA SA, France’s largest insurer, reported a 12 percent jump in full-year profit, buoyed by its life and savings division. The shares rose. Net income climbed to 5.02 billion euros ($5.7 billion) from 4.48 billion...
AXA to Acquire 7% of Africa Re to Increase Pan-African Exposure
Feb 23 2015 // AXA has entered into an agreement to acquire a 7.15 percent stake in African Reinsurance Corporation, the leading reinsurance company in Africa. Under the terms of the agreement, the total cash consideration payable at...
AXA Buys London Pinnacle Site for Redesigned Skyscraper
Feb 20 2015 // AXA Real Estate Investment Managers, the property unit of France’s AXA Group, has bought the London site of the halted Pinnacle skyscraper and plans to build a tower of its own design. The building at 22 Bishopsgate...
XL Group Appoints New Country Managers for Singapore and Japan
Feb 11 2015 // XL Group announced it has appointed Robin Johnson as country manager for Singapore with responsibility for continuing to drive the growth of the group’s insurance business in the region. Johnson, whose industry...
XL, RPS/Plus to Offer Professional Liability Coverage to Title, Escrow Agents
Feb 10 2015 // XL Group and RPS/Plus Cos. have expanded their underwriting partnership to bring professional liability insurance to title & escrow agents. According to Erin Fry, head of Programs for XL Group’s Select...
People – South Central
Feb 9 2015 // Keleigh Buchanan was promoted to assistant vice president at Dallas-based independent insurance broker Roach Howard Smith & Barton. Buchanan has 15 years of experience in the insurance industry. She specializes in...
XL Group Reports $293.9 Million Q4 Net Income; $999.2 Million for 2014
Feb 3 2015 // XL Group plc reported its fourth quarter and full year 2014 results. Highlights include: Operating net income of $293.9 million, or $1.12 per share, for the fourth quarter of 2014, compared with $286.9 million for the same...
XL Appoints Turner as Lead Consultant for Complex Accounts Team
Jan 30 2015 // XL Group announced it has appointed Rob Turner as lead consultant to establish its Complex Accounts capabilities in London. The company said it set up its Complex Accounts team in 2012 because it saw the opportunity and...
XL Group Introduces New Excess Executive Liability Form
Jan 28 2015 // XL Group has developed a new excess “follow form” insurance policy to provide the option of buying an additional layer of professional liability insurance protection. According to Kelly Lyles, chief executive...
XL Expands German Professional Indemnity Offering With Heienbrok Appointment
Jan 27 2015 // XL Group has expanded its professional indemnity offering in the German market with the appointment of Jens Heienbrok as professional indemnity manager. XL Group said it made this strategic appointment because the market...
