Reinsurance News
AXA XL
AXA XL appoints new Head of Energy Transition
23rd May 2023
AXA XL has announced the appointment of Vicky Roberts-Mills as Head of Energy Transition. Roberts-Mills will join AXA XL later this year. This new role was created to help bring the group to its full capabilities and enable the business to be an effective partner with clients as they transition to ... Read the full article
AXA reports gross premiums written of €31.8 billion in Q1 2023
15th May 2023
Global re/insurer AXA has released its financial report for Q1 2023, with the company’s gross written premiums and other revenues increasing by 1% to €31.8 billion. Alban de Mailly Nesle, the Chief Financial Officer of AXA, said, “AXA performed well in the first quarter of 2023. We delivered robust growth in ... Read the full article
AXA XL names Tom Potter Global Underwriting Manager
12th May 2023
AXA XL, the property & casualty and specialty risk division of AXA, has announced the promotion of Tom Potter to Global Underwriting Manager. Potter brings to his new role strong knowledge and expertise in underwriting public, products, and employers’ liability and construction insurance, from Small and medium-sized enterprises (SMEs) to large ... Read the full article
AXA XL, Fidelis MGU, Chubb among reinsurers facilitating debt conversion for marine conservation
10th May 2023
A group of 11 private insurers are providing more than fifty percent reinsurance to facilitate the largest debt conversion for marine conservation to protect the Galápagos. The reinsurance for the project is provided by AXA XL, Fidelis MGU, Chubb Global Markets, Sovereign Risk Insurance Ltd, Mosaic, and others. It's part of the ... Read the full article
AXA XL names Dan Bendavid as Global Lead of Innovation
9th May 2023
AXA XL, the property & casualty and specialty risk division of AXA, has appointed Dan Bendavid as the Global Lead – Innovation within its Operations & Technology team. In this role, Bendavid will drive AXA XL's innovation strategy and oversee a global team of experts tasked with implementing focused initiatives in ... Read the full article
AXA XL appoints three new hires to Energy team
4th May 2023
AXA XL, the property & casualty and specialty risk division of AXA, has announced the appointment of three new members to its Energy team, further bolstering its offering in the UK & Lloyd’s Business Unit. Josephine Stroud has been hired to take on the role of Senior Underwriter, Energy Liability, UK ... Read the full article
AXA XL welcomes Molly Hunter to Client Relationship Management team in the Americas
27th April 2023
AXA XL Insurance has announced the appointment of Molly Hunter as Client Relationship Leader for the West Zone in the Americas. She is taking over the role from Steve Sanford, who is retiring. In her new role, Hunter will be a key contact and access point for AXA XL's clients throughout ... Read the full article
AXA XL names Matthew Duke Head of Pricing, U.S. Middle Market Analytics
26th April 2023
AXA XL Insurance has further expanded its U.S. Mid-Market team with the addition of Matthew Duke as Head of Pricing, U.S. Middle Market Analytics. Duke joins AXA XL from Xceedance, where he served as Senior Vice President and Chief Actuary, Head of Global Actuarial Services. Before this, he served as Head of ... Read the full article
Understanding water risk essential for almost all businesses: AXA XL
11th April 2023
In a recent report outlining how firms can manage key water-related threats, researchers at AXA XL suggested that understanding water risks is essential for almost all businesses, regardless of the sector. Citing the international non-profit CDP, AXA XL states that the cost to businesses of inaction on water risks is 5x ... Read the full article
AXA XL appoints Hannah Hosking as Head of Mid-Market
6th April 2023
AXA XL is expanding its UK mid-market presence with the addition of Hannah Hosking as Head of Mid-Market, who will lead the strategy across the business, focusing on growth for the company at the higher end of this key market segment. Hosking brings to the role over two decades of experience, ... Read the full article
AXA XL hires Lait as Senior Underwriter, Marine Liability & Ports, UK & Lloyd’s
6th April 2023
AXA XL has announced that it has appointed Adam Lait as Senior Underwriter, Marine Liability & Ports, UK & Lloyd’s. Lait’s appointment is effective immediately. In the role he will hold responsibility for developing and managing underwriting strategies for renewing and new business within AXA XL’s Marine Liability & Ports book business ... Read the full article
AXA XL launches fleet management benchmarking service
20th March 2023
AXA XL has announced it has added a fleet management benchmarking service to its loss prevention services for its Construction insurance clients in North America. The purpose of this service is to help contractor clients see how their own corporate fleet programs and vehicle loss history compared to peers. Greg Troxell, Senior ... Read the full article
AXA XL backs newly launched cyber underwriter Intangic MGA
17th March 2023
AXA XL has backed the launch of Intangic MGA, a data science-driven, London-based cyber Managing General Agent (MGA), that offers innovative cyber insurance cover for large public corporations headquartered in the UK. The MGA is led by an executive team that possess a unique combination of expertise from insurance, data science, ... Read the full article
AXA XL makes Inland Marine and Liabilities promotions in the Americas
14th March 2023
AXA XL's Americas Marine insurance business has announced four promotions including Brett Musser to Head of Marine Liabilities for the Americas; Ken Mueller to Head of Inland Marine, Shawn Langenegger to Inland Marine Central Zone Leader and Allison Jolls to Product Lead - Marine Liabilities. Brett Musser, who previously served as ... Read the full article
AXA XL Insurance adds private equity underwriting expertise ahead of US Mid-Market launch
10th March 2023
AXA XL Insurance has appointed John Liantonio as Head of Mid-Market Private Equity, ahead of the targeted launch of the company’s US Mid-Market insurance business. Based in New York, Liantonio will report to AXA XL's Head of US Mid-Market, Matt Waters. Within his new role, Liantonio will build the underwriting unit providing multi-line P&C ... Read the full article