Dutch Insurer Weighs Cutting Cover for Gambling, Arms, Nuclear Power June 24, 2019 By Ruben Munsterman and Will Hadfield Europe’s biggest insurers refuse to sell policies to coal miners and arms producers. A Dutch firm may go further by...
Lemonade’s European Expansion Begins in Germany June 12, 2019 Lemonade is making good on its promise to expand into Europe, with news that it is now open for business...
AXA Confirms It Insured Some Notre-Dame Artworks for Several Million Euros April 25, 2019 French insurer AXA said on Wednesday that it had provided insurance coverage for a few artworks from Notre-Dame Cathedral for...
AXA XL’s McGavick Looks Ahead to ‘The Golden Age of Insurance’ March 21, 2019 By L.S. Howard Mike McGavick’s turnaround experiences have led him to think carefully about changes that are needed for the insurance industry. “First,...
Thinking Past the Obvious: Former CEO of XL Group McGavick Looks Back March 21, 2019 By L.S. Howard The former chief executive officer of XL Group, Mike McGavick, admits that frequently during his career he has taken on...
AXA Reports 66% Drop in 2018 Net Profit on U.S. Unit’s IPO Costs, Natural Disasters February 21, 2019 By Inti Landauro and Matthieu Protard Net profits at AXA, Europe’s second biggest insurer, fell sharply as a result of charges related to its U.S. unit’s...
AXA Real Estate Unit Confident About Its London Skyscraper, Despite Brexit Uncertainty January 31, 2019 By Jack Sidders It was a tricky time for the commercial real estate business in London. Within days, Britons would be voting on...
AXA to Buy Remaining 50% Stake in AXA Tianping for China Growth November 28, 2018 AXA announced it has entered into an agreement with the current domestic shareholders of AXA Tianping Property & Casualty Insurance...
Update: AXA Expects Profits to Be Boosted by Its $15 Billion XL Deal November 28, 2018 By Inti Landauro and Matthieu Protard AXA, Europe’s second-biggest insurer, expects its profitability to improve in the next two years thanks to U.S. business brought in...
Global Regulators Delay, Rethink ‘Too-Big-to-Fail’ Designation for Insurers November 15, 2018 By Huw Jones Global insurance regulators will put off singling out insurers deemed so important to the financial system that they are required...