AXA Rebrands China Reinsurance Unit to ‘AXA International Re’ October 17, 2024 AXA Insurance announced it has rebranded its Chinese reinsurance unit, XL Re China, to AXA International Re. The name change...
AXA Insurance UK Buys Ageas UK’s Commercial Business Renewal Rights February 16, 2022 AXA Insurance UK announced the acquisition of the renewal rights to Ageas UK’s commercial business for an initial consideration of...
Insurer AXA to Stop Paying for Ransomware Crime Payments in France May 9, 2021 By Frank Bajak In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France...
Insurers Warn that Drivers May Not Understand Limits of ‘Automated’ Car Technology April 21, 2021 By Nick Carey, Paul Lienert and Tina Bellon LONDON – Britain’s goal to be a leader in adopting self-driving cars could backfire unless automakers and government regulators spell...
Specialty Lines MGA Ensurance Completes New Capacity Deal with AXA February 19, 2021 Ensurance, the London-based specialty managing general agent, has announced a new capacity deal with AXA Insurance UK plc for its...
How AXA Wooed and Won XL Group in $15.3B Takeover Deal March 6, 2018 By Fabio Benedetti-Valentini , Sonali Basak, Aaron Kirchfeld and Manuel Baigorri AXA SA’s pursuit of its biggest ever takeover really got serious at a romantic hotel on the shores of Lake...
XL Group CEO McGavick Comments on Firm’s Agreed Purchase by France’s AXA March 5, 2018 XL Group’s CEO Mike McGavick has issued the following statement to clients and brokers in response to today’s announcement that...
France’s AXA to Acquire P/C Insurer XL Group for $15.3 Billion March 4, 2018 By Fabio Benedetti-Valentini and Matthew Monks AXA SA agreed to buy XL Group Ltd. for $15.3 billion in cash, seeking to capture a bigger slice of...
Insurtech Startup Trov Launches in UK, Offering On-Demand Coverage November 23, 2016 By John McCrank The on-demand economy, which uses smartphone technology to immediately fill consumer needs, has changed the way people order food, a...
Best Affirms AXA U.S. FSR; Upgrades ICR; Off Review; Negative Outlook June 7, 2012 A.M. Best Co. has removed from under review with negative implications and upgraded the issuer credit rating (ICR) to “a+”...