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...
AXA Posts Higher-Than-Expected $7.6B Profit, Ahead of U.S. IPO February 22, 2018 By Maya Nikolaeva and Matthieu Protard French insurer AXA posted higher-than-expected 2017 net profits and stronger earnings in the United States, ahead of the planned flotation...
AXA to Sell Non-Life Operations in Azerbaijan February 21, 2018 AXA announced it had entered into an agreement with Mr. Elkhan Garibli to sell all AXA’s insurance operations in Azerbaijan....
Uber’s Food-Delivery Business to Provide Insurance for Couriers in Europe December 15, 2017 By Julia Fioretti Uber’s food-delivery business will begin offering an insurance package to its couriers in Europe, a move to address the conditions...
ING to Stop Lending to Utilities That Use Coal for More than 5% of Energy December 12, 2017 ING by the end of 2025 will stop funding any utility company which relies on coal for more than 5...
World Leaders Aim to Breathe New Life into Paris Climate Pact; AXA Plans Initiatives December 11, 2017 By Mark Deen and Ewa Krukowska French President Emmanuel Macron this week will seek to breathe new life into the fight against global warming and sway...
Global Regulators’ Rethinking of Risk Assessment Welcomed by Large Insurers November 21, 2017 By Huw Jones Global regulators are rethinking how to assess risks in big insurance companies, marking a shift that could make life easier...
Europe’s Re/Insurers Cut Coal Investments by $20B; U.S. Firms Fail to Act: Report November 16, 2017 Insurers have pulled $20 billion out of coal investments, but most are European and none of the top nine U.S....