Reinsurance News
AXA XL
AXA XL is the commercial insurance and reinsurance underwriting department of global re/insurer AXA Group.
Read all our insurance and reinsurance news related to AXA XL below.
AXA XL names Manuel Meier as Chief Client Officer
6th September 2023
In a strategic move aimed at elevating client experience and strengthening engagement, AXA XL has appointed Manuel Meier as Chief Client Officer (CCO). The newly created role within the AXA XL Leadership team emphasises the company's commitment to its clients and their evolving needs. In his capacity as CCO, Meier will report ... Read the full article
AXA XL appoints Lucy Pilko as CEO, Insurance in the Americas
31st August 2023
AXA XL has announced the appointment of Lucy Pilko as Chief Executive Officer for the Americas region of its insurance operations, effective October 30, 2023. Pilko succeeds Joseph Tocco who has decided to retire, after more than 12 years as a senior executive in the company's Insurance business, including his current ... Read the full article
AXA XL names Glen Hopkinson as Country Manager for Canada
21st August 2023
AXA XL, a leading global insurance and reinsurance company, has announced the appointment of Glen Hopkinson as the new Country Manager for Canada, effective immediately. Hopkinson, who has demonstrated his capabilities as the interim leader in recent months, will take on the role of overseeing the company's insurance operations within the ... Read the full article
AXA XL appoints Vito Raimondi as Head of its U.S. Central Zone
18th August 2023
AXA XL, the P&C division and specialty risk division of AXA, has announced the appointment of Vito Raimondi as Head of its U.S. Central Zone, based in Chicago, and reporting to Matt O'Malley, AXA XL's U.S. Country Manager. Raimondi’s remit in the role will include being responsible for the overall performance of ... Read the full article
AXA XL hires RiskPoint’s Hayzelden as Head of Upstream Energy, UK & Lloyd’s
17th August 2023
AXA XL, the P&C division and specialty risk division of AXA, has appointed Lee Hayzelden as Head of Upstream Energy, UK & Lloyd’s. In his new role, Hayzelden will lead AXA XL’s Upstream Energy team, covering both offshore oil & gas and offshore renewable wind risks. In the role he will be ... Read the full article
AXA XL names Underwriting Manager, Design Professional Insurance in Canada
4th August 2023
AXA XL, the property & casualty and specialty risk division of AXA, has announced the appointment of Kirsten Andersen as Underwriting Manager for its Design Professional insurance business in Canada. Andersen joined AXA XL in 2018 after building a successful practice as a lawyer at a prestigious insurance defence litigation law ... Read the full article
AXA XL’s combined ratio strengthens to 90.9% in H1 2023 as premiums rise
3rd August 2023
French insurer AXA has today announced a year-on-year rise in total gross written premiums (GWP) and other revenues of 2% to €55.7 billion for the first half of 2023, driven by 7% growth at AXA XL, its property and casualty (P&C) and specialty division. Across AXA XL, GWP and other revenues ... Read the full article
AXA XL unveils carbon emissions project for marine clients
18th July 2023
AXA XL in the UK has launched its Excess Emissions Insurance product, which is set to help marine clients manage their environmental footprint and support action on carbon emissions. In partnership with ClimateSeed – an impact company that provides premium carbon removal and avoidance projects – the Excess Emissions Insurance product ... Read the full article
AXA reportedly considering sale of reinsurance arm
12th July 2023
French insurer AXA is reportedly considering the sale of reinsurance division, AXA XL Re, in an effort to lower its exposure to natural disasters, reports Reuters. According to people familiar with the matter, the large insurer is discussing strategic options for the reinsurance arm which sits under AXA XL, including a ... Read the full article
AXA XL Re names Renaud Guidée as CEO
6th June 2023
Renaud Guidée, currently Chief Risk Officer (CRO) of AXA Group, has been appointed as the new Chief Executive Officer (CEO) of AXA XL Reinsurance, succeeding Nancy Bewlay. Guidée took over as AXA Group's CRO in 2019, having previously served as a Managing Director with Goldman Sachs’ Investment Banking Division. Effective September 1st, ... Read the full article
AXA XL NA and NIP Group launch new green endorsements for contractors and growers
2nd June 2023
NIP Group, a business insurance and risk management intermediary, and AXA XL's North America (NA) Programs have announced two new green endorsements available as part of their specialised insurance programs for contractors and growers. The new endorsements, one for auto policies and one for inland marine, aim to encourage customers to ... Read the full article
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
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