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 promotes Kareen Richardson to head of healthcare in Bermuda
1st December 2022
AXA XL has promoted Kareen Richardson to the role of head of healthcare in its Bermuda office. The firm said in a statement that Richardson would be working in its Bermuda Insurance Excess Casualty business. She will report to Vivienne Moniz, head of excess casualty. Moniz said: “We congratulate Kareen on this ... Read the full article
AXA XL adds senior pair to Client Relationship team in Americas
30th November 2022
AXA XL, the property & casualty and specialty risk division of AXA, has announced the additions of Rana Gillmon as Senior Client Relationship Leader and Allan Jackson as Client Relationship Leader. Both are based in Atlanta and report to James Martin, Head of Client Management for the Americas. With over 21 years' ... Read the full article
AXA XL hires Leemans as Head of Cyber, UK & Lloyd’s
25th November 2022
AXA XL has appointed Vanessa Leemans as Head of Cyber, UK & Lloyd’s, effective immediately. Within this new role, Leemans will be responsible for leading AXA XL’s cyber business in the UK, as well as driving its strategic and profitable development. Overall, Leemans brings 20 years of industry experience towards the role. ... Read the full article
AXA XL announces regional leader promotions for D&O underwriting teams
18th November 2022
AXA XL Insurance's Professional Liability team has announced that it has built out its regional underwriting management structure, by promoting five to Region Leader positions. The firms new Regional Leaders include Rob Martin, Ed Perry, Katie Konfala, Cara Hardacker, and Brendan Carpenter. AXA XL's enhanced Directors & Officers regional teams now include, Rob Martin who joins Greg McCoy and Jason Hawkins with ... Read the full article
AXA XL expands Lawyer’s E&O offering with cyber insurance option
9th November 2022
AXA XL, the property & casualty and specialty risk division of AXA, has added Cyber Suite, a cyber and security insurance coverage as an option to its Lawyers' Errors & Omissions (E&O) insurance program. According to the announcement, this move aims to help lawyer firms minimise the high financial cost and ... Read the full article
Stephen White to lead AXA XL’s Alt Risk and Captives team
8th November 2022
AXA XL, the property & casualty and specialty risk division of AXA, has announced the appointment of Stephen White as Alternative Risk and Captives Leader for Canada. In his new role, based in Toronto, White will oversee the continued growth of the company’s captive business in Canada, working closely with clients ... Read the full article
AXA XL launches Innovation Office in the Americas, appoints Head
28th October 2022
AXA XL Insurance has launched an Underwriting Innovation Office in the Americas, appointing Rose Hall as Head. Under Hall's leadership, AXA XL state that the Americas Underwriting Innovation Office will liaise across business lines and support functions in the Americas, including Client Distribution, Underwriting, and Risk Engineering/Consulting, to support innovation initiatives ... Read the full article
African Development Bank, UK & London Market insurers enter risk transfer partnership
24th October 2022
The African Development Bank, the government of the United Kingdom, and global insurers, AXA XL, Axis Specialty, and HDI Global Specialty, have closed on a new and innovative risk sharing transaction. The Room to Run Sovereign transaction was structured with the intention of scaling up the African Development Bank Group’s commitments ... Read the full article
AXA XL expected to produce underwriting profit despite Hurricane Ian losses
14th October 2022
AXA XL is expected to produce an underwriting profit despite losses caused by Hurricane Ian, according to a recent report by analysts at JP Morgan. Ahead of the release of the third quarter Activity Indicators on 2nd November JP Morgan is lowering its underlying earnings estimates for AXA by ~2%-6% over ... Read the full article
AXA XL promotes Michael McKinley to lead NA construction business
12th October 2022
AXA XL has promoted Michael McKinley to lead its Construction Primary Casualty Insurance business in North America. The firm said in a statement that McKinley will lead the continued growth of its Construction Primary Casualty business, helping construction companies address their Auto Liability, General Liability, Workers' Compensation and Wrap Up insurance ... Read the full article
AXA XL promotes Gazzard to E&O Product Line Leader, Professional Lines
11th October 2022
AXA XL has promoted Mike Gazzard to the role of Senior Vice President and E&O Product Line Leader of its Bermuda Insurance Professional Lines Team. Within this role he will report to Matthew Irvine, AXA XL’s Bermuda Professional Lines Chief Underwriting Officer. Gazzard, who has been with AXA XL since 2019, previously ... Read the full article
AXA XL names Florian Richard as Chief Risk Officer, Americas
10th October 2022
AXA XL has announced the appointment of Florian Richard as Chief Risk Officer for the Americas and as Head of Underwriting Risk. Richard previously served as Head of Underwriting Risk, Reinsurance at AXA XL, having taken up this role in January 2022. Prior to this he spent two years at AXA XL ... Read the full article
AXA XL Re unveils seven new global product leaders
7th October 2022
AXA XL Re, the reinsurance arm of AXA's property & casualty and specialty risk division, has today announced the appointment of a range of new global product leaders. This includes a new role for Tristan Abend, formerly Head of International Property Treaty, who will now lead International Property at the reinsurer. Greg ... Read the full article
Top 20 U.S. cyber insurers all saw premium growth in 2021
6th October 2022
Of the approximately $4.8 billion of U.S. cyber insurance premiums underwritten in 2021 by the property & casualty (P&C) industry, more than 81% came from the top 20 cyber insurers in the U.S. marketplace, led by global insurer Chubb. Based on research data from rating agency AM Best, ... Read the full article
AXA XL promotes Aditi Shukla to Country Head of India
5th October 2022
AXA XL has appointed Aditi Shukla to the roles of Country Head for India and Head of India shared services. Shukla’s LinkedIn profile indicates that she has held various roles at XL Catlin in India for nearly 10 years prior to taking up this new role. These include positions as Senior Vice ... Read the full article
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