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 partners with insurtech Slice, Microsoft on cyber solution
13th December 2019
AXA XL, the property and casualty and specialty risk unit of AXA, is partnering with cloud-based insurtech firm Slice Labs to help improve the cyber resilience of Microsoft 365 Business, Office 365 Business Premium and Office 365 Business customers. The collaboration, aimed at servicing small to medium sized businesses, will give ... Read the full article
Aon’s Stephen Nguyen joins AXA XL as Client Management Leader, Asia
9th December 2019
AXA XL, the property and casualty and specialty risk unit of AXA, has announced that Stephen Nguyen has joined from insurance and reinsurance broker Aon as Client Management Leader, Asia. In this role, he will be based in Hong Kong and will report to Jonathan Mead, Head of Client & Distribution, ... Read the full article
AXA XL acquires Lloyd’s coverholder Secure Legal Title & Mexican affiliate
27th November 2019
AXA XL, the property and casualty (P&C) and specialty risk unit of AXA, has announced the acquisition of London-based insurance agency and Lloyd's of London coverholder, Secure Legal Title Limited. Secure Legal Title was founded in 2012 and provides protection to cover legal risks in property transactions and mortgage finance, with ... Read the full article
AXA XL Risk Consulting appoints Global Casualty Risk Engineering Leader
26th November 2019
AXA XL Risk Consulting has announced the appointment of Sheri Wilbanks as Global Casualty & Environmental Lines of Business Manager. Wilbanks joins the business from AIG, where she most recently served as Global Innovation Lead for AIG’s Client Risk Solutions division. Prior to that position, she served as Casualty and Financial Lines ... Read the full article
Real value in understanding & transferring ocean risk, says AXA XL’s MacFarlane
19th November 2019
AXA XL, the global P&C and Specialty insurance and reinsurance arm of the AXA Group, sees real value in the ongoing development of the world’s first Ocean Risk Index, designed to assess, transfer and trade the risks associated with the change and deterioration in our oceans, while simultaneously supporting resilience. Reinsurance ... Read the full article
AXA XL’s risk innovation incubator, Cube launches
18th November 2019
AXA XL, the property & casualty (P&C) and specialty risk division of insurer AXA, has announced the launch of its risk innovation incubator, Cube. Described by insurer and reinsurer AXA XL as the first of its kind, Cube is a six week programme that provides risk managers with the opportunity to ... Read the full article
AXA results lifted by AXA XL despite heavy Q3 cat losses
7th November 2019
Global re/insurer AXA increased its revenues by 5% to €79.7 billion during the first nine months of 2019, helped by its AXA XL division, which recorded a strong performance despite above-average catastrophe losses. AXA XL grew its revenues by 11% to €14.2 billion, mainly driven by its P&C Insurance and Specialty ... Read the full article
AXA XL adds Mark Campbell, David Walker to UK Life A&H team
5th November 2019
Global re/insurer AXA XL has appointed Mark Campbell and David Walker to its UK Life, Accident & Health team. Campbell most recently served as a senior underwriter at Aspen Insurance and joins as underwriting manager, wholesale A&H. In his new role, he will oversee AXA XL’s UK wholesale A&H underwriting operation, with ... Read the full article
AXA XL announces new UK Head of Energy
15th October 2019
Peter Welton has been promoted to UK Head of Energy at AXA XL, succeeding Luis Prato, who was named Chief Underwriting Officer (CUO) for UK Legal entities earlier this year. In his new role, Welton takes responsibility for developing the UK energy book and providing and designing innovative insurance and ... Read the full article
AXA XL launches vehicle interruption cover for UK Uber drivers via new platform
4th October 2019
AXA XL has announced the launch of Vehicle Interruption Cover, an innovative, on-demand insurance solution designed to protect Uber drivers across the UK against a loss of earnings due to their vehicle being immobilised after an accident. The new solution works alongside Uber's newly implemented UK loyalty programme, UberPro, and provides ... Read the full article
AXA XL overtakes AIG as top D&O insurer: Fitch
26th September 2019
AXA XL has taken over from AIG as the leading directors and officers (D&O) insurer, now commanding a 15% market share, according to analysts at Fitch Ratings. Fitch noted that perennial market leader AIG has conceded significant market share over the last several years in an effort to reposition its book ... Read the full article
AXA XL promotes two underwriters within M&A insurance team
26th September 2019
Global re/insurer AXA XL has promoted Michelle Jensen and Pietro Tarone to the roles of senior underwriter and underwriter, within its mergers and acquisitions insurance team, respectively. The promotions of Jensen and Tarone, both of whom will be based in New York, reflect AXA XL’s continued focus on M&A insurance solutions. Jensen ... Read the full article
AXA XL to offer cybersecurity services via Accenture partnership
25th September 2019
AXA XL, the property & casualty (P&C) and specialty risk division at AXA, has announced it will provide global cybersecurity services to its clients via a new partnership with professional services firm Accenture. Using Accenture’s cybersecurity capabilities, AXA XL will help its underwriters, brokers and clients to gain a deeper understanding ... Read the full article
AXA XL adds Edward Moeller to political risk, credit & bond team
18th September 2019
AXA XL, the property and casualty and specialty risk division of AXA, has appointed Edward Moeller to its Political Risk, Credit and Bond team. In this senior underwriter role Moeller will oversee the development and maintenance of customer and broker relationships, while also taking responsibility for growing new business in targeted ... Read the full article
AXA XL develops digital hot wallet insurance
17th September 2019
AXA XL, the property and casualty and Specialty Risk division of AXA, has designed a bespoke contractual liability insurance coverage tailored for a digital "hot" wallet product offered by Hoyos Integrity Corporation, a company specialising in biometrically secured products and applications. A hot wallet refers to a cryptocurrency wallet that is ... Read the full article
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