Reinsurance News
AXA XL
AXA XL turnaround likely to continue in 2023, says JP Morgan
19th January 2023
Analysts at JP Morgan have released a report suggesting there is more to come from the turnaround at AXA XL, as it expects stronger-than-consensus underlying earnings in 2023 due to a studier performance in P&C. The analysts state that the relatively flat top-line at AXA XL relative to double-digit commercial P&C ... Read the full article
AXA XL adds Hull and Inland Marine hires in Americas
13th January 2023
AXA XL has added three new colleagues to its Americas Marine Insurance business, namely Jonathan Lacorazza as Head of Hull, Carol Warfel as Senior Underwriter, Inland Marine and Cy Villarosa as Associate Underwriter, Inland Marine. Lacorazza has more than 20 years’ industry experience and joins AXA XL from CNA where he ... Read the full article
AXA XL names Tonia Morgan as CFO Reinsurance Bermuda
12th January 2023
AXA XL, the property & casualty and specialty risk division of AXA, has appointed Tonia Morgan as CFO Reinsurance Bermuda. She joined the company in 2018 as Manager Financial Reporting and Analysis for Alternative Capital before being appointed Head of Finance Reinsurance and Alternative Capital in 2020, her most recent role. Prior ... Read the full article
AXA XL names Coxall UK Head of Underwriting Management
9th January 2023
AXA XL, the property & casualty and specialty risk division of AXA, has announced the promotion of Stephanie Coxall to Head of Underwriting Management, UK & Lloyd’s. In her new role, effective 16 January, Coxall will be responsible for supporting Luis Prato, AXA XL’s Chief Underwriting Officer (CUO), UK & Lloyd’s, ... Read the full article
AXA XL promotes Hanes to lead Construction Innovation & Sustainability in NA
6th January 2023
AXA XL Insurance has promoted Cheri Hanes to Vice President, Head of Innovation and Sustainability for its North America Construction Insurance business. Previously, Hanes held the role of Subcontractor Default Insurance (SDI) Construction Risk Engineering Manager. She assumes her new role, previously held by Rose Hall, who was promoted in October 2022 to ... Read the full article
AXA XL appoints Felix Winzap to dual roles in Zurich
20th December 2022
AXA XL has appointed Felix Winzap to the roles of Global Head of Credit and Surety and Head of Reinsurance, Switzerland, according to a post on the firm’s official Linkedin page. The post said that Winzap will be responsible for leading the Zurich credit and bond underwriting team. His Global Head of ... Read the full article
AXA XL names Claudia Ingenhoven as CFO, Reinsurance
19th December 2022
AXA XL Reinsurance has announced the appointment of Claudia Ingenhoven as Chief Financial Officer, Reinsurance, effective 13 February 2023. Ingenhoven has extensive experience working within finance functions at a number of leading re/insurers. These former executive positions include CEO of Glacier Reinsurance (Catalina) and CFO of iptiQ EMEA P&C (Swiss Re). Ingenhoven has ... Read the full article
AXA XL adds Meredith Barton to senior role in construction division
16th December 2022
AXA XL has tapped Meredith Baron to lead its controlled insurance program business, promoting her to her new position within its North America construction division. A statement from the firm says that the Exton, Pennsylvania-based Baron will report to Michael McKinley, head of construction primary casualty. Baron began her insurance career in ... Read the full article
AXA XL promotes Laura Casby to head of upstream, UK and Lloyd’s
6th December 2022
AXA XL has promoted Laura Casby has been promoted to head of upstream energy for the UK and Lloyd’s. Casby, who will begin her role immediately, will lead AXA XL’s Upstream Energy team, covering both offshore and onshore risks. Based in London, she will develop the Upstream Energy book, expanding on ... Read the full article
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