Latest AXA XL Headlines
All the headlines from our AXA XL Topic Page, ordered by recency.
People Moves: AXA Reappoints Buberl as CEO; Gosset-Grainville Named Chair
Apr 29 2022 // Thomas Buberl has been reappointed as AXA’s chief executive officer, while Antoine Gosset-Grainville has been name chairman of the board of directors, succeeding Denis Duverne, who has retired. Burberl first became...
Credit Agricole to Bid for Banco BPM’s Insurance Units, in Competition With AXA
Apr 14 2022 // Credit Agricole SA intends to bid for Banco BPM SpA’s insurance businesses after having bought a minority stake in Italy’s third-largest bank, according to people with knowledge of the matter. The French bank...
AXA in Talks to Buy Majority Stake in Banco BPM’s Insurance Units
Apr 12 2022 // AXA SA is in early-stage talks to buy a controlling stake in Banco BPM SpA’s insurance businesses valued at about 1.5 billion euros ($1.6 billion), according to people with knowledge of the matter. AXA is considering...
Orsted Sells 50% of British Wind Farm to French Consortium That Includes AXA
Mar 29 2022 // Denmark’s Orsted said on Monday it had agreed to sell half of the Hornsea 2 project in Britain, which will become the world’s biggest offshore wind farm, to a French consortium for 3 billion pounds ($3.94...
France’s AXA Stops Re/insuring Russian Insurers, Assets
Mar 28 2022 // French insurer AXA said on Friday that it has stopped all new investments in Russian assets and would no longer underwrite reinsurance of the country’s insurance companies. It said it had stopped underwriting new...
People Moves: AXA XL Promotes Europe Managers; WTW Names Bassi for Insurance Consulting & Tech; Sedgwick Appoints Horrocks UK Head of Fraud Tech, Intelligence
Mar 17 2022 // This edition of International People Moves details appointments at AXA XL, Willis Towers Watson and Sedgwick. A summary of these new hires follows here. AXA XL Promotes 2 Regional Managers in Europe Peter Knaus AXA XL...
Burn the Client or Burn the Carbon? Insurer AXA Grapples With Clean Energy Transition.
Mar 17 2022 // The glass tower in Paris where AXA SA, one of the world’s largest insurers, has its temporary headquarters looks as if a giant feral cat has ripped chunks out of it. In recent months that jagged feeling extends...
People Moves: AXA XL Names Bewlay Chief Exec Reinsurance, Replacing Cooper; Marsh Promotes 3 for Affinity; Hartford Hires Generali’s Mather to Lead Int’l Financial Lines
Mar 10 2022 // This edition of International People Moves details appointments at AXA XL, Marsh and The Hartford. A summary of these new hires follows here. AXA XL Names Bewlay as Chief Executive Reinsurance, Succeeding Cooper AXA XL...
People Moves: Lockton Hires Starr Cos.’ Shephard for Aviation; Arch Promotes Bonneau; AXA XL Names Zhou, Lui as Energy U/Ws in Canada
Mar 7 2022 // This edition of International People Moves details appointments at Lockton, Arch Insurance International and AXA XL. A summary of these new hires follows here. Lockton Hires Starr Cos.’ Shephard for Aviation Carl...
People Moves: Zurich’s Hart Moves to Munich Re Specialty; AXA XL Promotes Design Professional Team’s Kendall
Mar 1 2022 // Munich Re Specialty Insurance (MRSI) has named long-time Zurich North America executive Sabrina Hart as president of its excess and surplus lines business. Hart is charged with expanding E&S’s specialty product...
Applied Underwriters to Buy Catlin Specialty From AXA XL
Feb 24 2022 // Applied Underwriters said it will acquire Catlin Specialty Insurance Company from the AXA XL group of companies. Applied said it will consolidate Catlin into the North American Casualty group of companies in a move...
AXA Doubles 2021 Net Income to €7.29 Billion
Feb 24 2022 // AXA reported a profit on Thursday that more than doubled from last year, with the French insurer recovering from pandemic-related claims during the peak of the COVID-19 crisis. The company, Europe’s second-biggest...
People Moves: Insurtech BOXX Canada Hires Beazley’s Baker as President; Williams Takes Role of M.D., Hiscox Guernsey; AXA XL Names Wells U/W, Marine – UK & Lloyd’s
Feb 22 2022 // This edition of International People Moves details appointments at insurtech BOXX Insurance, Hiscox and AXA XL. A summary of these new hires follows here. Cyber Insurtech BOXX Canada Hires Beazley’s Baker as...
People Moves: AXA XL Promotes De Rosa to Head of Construction & Engineering, Reinsurance; IGI Taps Arch’s Tsielepis as CRO; Aqueous Hires 3 Underwriters
Feb 18 2022 // This edition of International People Moves includes appointments at AXA XL, International General Insurance Holdings and MGA Aqueous Underwriting. A summary of these new hires follows here. AXA XL to Promote De Rosa to...
AXA Insurance UK Buys Ageas UK’s Commercial Business Renewal Rights
Feb 16 2022 // AXA Insurance UK announced the acquisition of the renewal rights to Ageas UK’s commercial business for an initial consideration of £47.5 million (US$64.3 million). The deal will see Ageas’ Commercial lines...
AXA Consortium in Talks to Buy Stake in Orsted’s UK Offshore Wind Farm
Feb 16 2022 // Denmark’s Orsted A/S is in talks with a consortium that includes AXA SA and a Credit Agricole SA unit to sell a stake in a large wind farm off the east coast of England, according to people familiar with the...
People Moves: Fairfax Financial Promotes Clarke to President; AXA XL Names Lee as Head of Claims, Canada; Zurich’s Price Joins SiriusPoint as Head of Travel A&H
Feb 14 2022 // This edition of International People Moves details appointments at Fairfax Financial Holdings, AXA XL and SiriusPoint Ltd. A summary of these new hires follows here. Fairfax Financial Holdings Promotes Clarke to...
AXA Completes Sale of Singapore Business to HSBC
Feb 11 2022 // AXA announced it has completed the sale of its Singapore operations to HSBC for US$529 million. HSBC Insurance (Asia Pacific) Holdings Ltd., an indirect wholly-owned subsidiary of HSBC Holdings plc, completed the...
Swiss Re Corporate Solutions Promotes 2 in Engineering & Construction; Chubb Names Houghton Head of Distrib., UK & Ireland; Marsh Hires AXA XL’s Latham to Lead ART, UK&I
Feb 2 2022 // This edition of International People Moves details appointments at Swiss Re Corporate Solutions, Chubb and Marsh. A summary of these new hires follows here. Swiss Re Corporate Solutions Promotes 2 in Engineering &...
Owners of High-End London Restaurants Sue AXA Over Failure to Pay COVID Claims
Jan 26 2022 // The owners of high-end London restaurants The Wolseley and The Delaunay sued AXA Insurance UK Plc for as much as 4 million pounds ($5.4 million) over its failure to pay out on claims linked to the coronavirus...
