Latest AXA XL Headlines
All the headlines from our AXA XL Topic Page, ordered by recency.
AXA Looking for Cheap Deals in Emerging Market Push
Feb 24 2014 // French insurance group AXA is looking for more acquisitions in emerging markets, the company said after posting a 14 percent rise in full-year net income and lifting its dividend by 13 percent. Faced with low interest...
AXA Profit Rises 10% in 2013 on Life, Property and Casualty
Feb 21 2014 // AXA SA, Europe’s second-largest insurer, posted a 10 percent increase in 2013 profit on higher earnings at its life and savings and property and casualty divisions. Net income rose to €4.48 billion ($6.15 billion)...
XL Group Names Eaton and Cole to Senior Marine Team Positions
Feb 7 2014 // XL Group said it has “has strengthened its Marine team by appointing Jonathan Eaton as Chief Underwriting Officer, Global Cargo and Neil Cole as Global Business Manager, Marine.” Both Eaton and Cole are based...
XL Group Posts $300.8 Million Q4 Net Income; $1.1 Billion Full Year
Feb 6 2014 // XL Group announced a good fourth quarter and an excellent year from its Dublin headquarters. Highlights for the two accounting periods were listed as follows: • Operating net income of $286.9 million, or $1.00 per share,...
AXA ART, Trident Insurance Partner to Offer Specialty Fine Art Coverages
Jan 9 2014 // Fine art insurance specialist AXA Art Americas Corporation (AXA ART) has formed a strategic business partnership with Trident Insurance Services, LLC, a member of Argo Group International Holdings, Ltd., an international...
Goodearl Joins XL from Liberty Mutual for Lloyd’s Business
Dec 11 2013 // The XL Group has appointed Lewis Goodearl as Chief Underwriting Officer UK P&C for its Lloyd’s business. He joins XL from Liberty Mutual Insurance where he was Vice President and Wholesale Manager, responsible...
XL Group, America Contractor’s Insurance Group Partner to Improve Contractor Quality
Nov 20 2013 // XL Group has partnered with the American Contractor’s Insurance Group (ACIG), construction industry owned insurance organization, to provide data and analytics for construction clients. The goal is to drive...
AXA Buys Stake in Insurance Business of Colombia’s Colpatria
Nov 11 2013 // Axa SA agreed to buy a controlling stake in Colombian insurer Colpatria Seguros for €259 million ($346 million) to expand its Latin American operations. The purchase of 51 percent of the business gives the Paris- based...
Gazançon Named AXA ART Chief Operations Officer
Nov 6 2013 // Global art insurance specialist AXA ART announced the appointment of Jean Gazançon as Chief Operations Officer. He has also been appointed as a member of the Executive Management Board of AXA ART Versicherung...
AXA ART Names Teixeira Country Manager for Brazil
Nov 5 2013 // AXA ART Americas Corporation announced the appointment of Roberto Emilio Teixeira as Country Manager for its Brazilian activities. He “will be responsible for all aspects of AXA Art’s operations in Brazil...
People – South Central
Nov 4 2013 // State Auto Insurance Companies President, Chairman and CEO Bob Restrepo has been elected chair of the board of governors of the 1,000-member Property Casualty Insurers Association of America (PCI). Restrepo has previously...
XL Group Posts $135.6 Million Q3 Net Income
Oct 31 2013 // The XL Group announced net income and operating net income of $135.6 million and $154.6 million, respectively, compared to net income and operating net income of $171.9 million and $188.0 million, respectively, in Q3...
AIG Hires XL Group’s Maag as CEO of Europe, Middle East
Oct 25 2013 // American International Group Inc. hired Seraina Maag from XL Group Plc to run the Europe, Middle East and Africa region as Chief Executive Officer Robert Benmosche reshapes the insurer’s leadership. Maag, 45, will be...
XL Group’s Insurance Operations Grow in Dallas
Oct 17 2013 // XL Group announced an expansion of its insurance operations in Dallas. The company’s U.S. Risk Management business is setting up operations in Dallas and welcoming Gabriel Martinez as casualty underwriting director....
AXA Sells $474 Million in Cat Bonds against Europe Storm Damage
Oct 16 2013 // AXA SA said it sold catastrophe bonds designed to protect insurers from payouts on storm damage, in the biggest transaction of the notes in euros. Europe’s second-largest insurer by market value issued €350 million...
AXA ART Joins Brazil’s SulAmérica to Offer Art Insurance
Oct 8 2013 // AXA ART announced that it has “joined forces with Brazil’s largest independent insurer, SulAmérica, to offer art insurance products and related services to insure the collections of a growing Brazilian art...
XL Group Assembles Crisis Management Team in U.S.
Sep 4 2013 // XL Group has added a crisis management team to provide corporate clients in the U.S. with product recall, war, terrorism and political violence, kidnap, ransom, and extortion insurance. Led by Denise Balan in New York, the...
XL Names McConico a Manager in California; Promotes Schlageter in West
Aug 1 2013 // XL Group named Mark McConico as vice president and underwriting manager for XL’s U.S. risk management group in Los Angeles. XL Group also promoted Theresa Schlageter to senior vice president and regional manager of...
AXA UK Report Targets ‘Whiplash’ Injuries; Urges Reform
Jul 17 2013 // AXA UK’s Whiplash Report, launched at a roundtable co-hosted by the Rt. Hon Jack Straw, MP for Blackburn and Chris Voller, AXA Claims Director and the report’s author, urges changes in the treatment of whiplash...
XL Group Names Regional VP for Marine in New York
Jun 25 2013 // XL Group appointed John Ellis as a regional vice president for its North America Marine business in New York. In his new role, Ellis will be responsible for managing and building XL Group’s Marine Cargo, Primary and...