Reinsurance News
AXA XL
AXA XL makes Al Baker permanent head of construction in UK and Lloyd’s markets
10th May 2022
AXA XL has promoted Al Baker to be its new head of construction in the UK and Lloyd’s markets. Baker has been in the role on an interim basis since September. He will be responsible for leading AXA XL’s construction business for the UK & Lloyd’s region and driving its strategic, ... Read the full article
AXA XL reports Q1 revenue growth to €6.2bn as nat cat reduction continues
6th May 2022
AXA XL, the property and casualty (P&C) and specialty risk division of AXA, has reported revenue growth of 4% to €6.2 billion in the first-quarter of 2022, despite a steep reduction in natural catastrophe exposure within reinsurance. French insurer and reinsurer AXA has now released its Q1 2022 results, which show ... Read the full article
AXA XL hires Snyder as VP, Senior Underwriter, Excess Casualty, Bermuda
29th April 2022
AXA XL has appointed Christine Snyder to its Bermuda Insurance Excess Casualty team as Vice President, Senior Underwriter. Within this role Snyder’s responsibilities will include delivering profitable underwriting service to clients, which will involve her developing and managing underwriting strategies for renewed and new business within AXA XL’s Excess Casualty portfolio, ... Read the full article
AXA XL names Enrique López Torrents as Country Manager, Iberia
29th April 2022
AXA XL, the property and casualty (P&C) and specialty risk division of AXA, has announced the appointment of Enrique López Torrents as Country Manager, Iberia, effective May 9, subject to regulatory approval. Within this role, Enrique will succeed José Ramón Morales, who will be leaving AXA XL to pursue opportunities outside ... Read the full article
AXA XL appoints Emmy Pan as energy underwriter
22nd April 2022
AXA XL has appointed Emmy Pan as energy underwriter to its Americas Property insurance team. The firm said Pan will be based in Houston and will report directly to Scott Dalton, energy property leader. In her new role, Pan will be responsible underwriting property insurance for energy businesses through including oil and ... Read the full article
AXA XL launching property risk assessment tool in North America
20th April 2022
AXA XL Risk Consulting recently announced that it is rolling out its Risk Scanning risk assessment service in the US and Canada. In a press release, the insurer stated that this is to help companies see the "big risk picture", and pinpoint potential property exposures across their business locations. Risk Scanning combines ... Read the full article
AXA XL appoints former Marsh SVP as Senior Underwriter
11th April 2022
AXA XL’s Political Risk, Credit & Bond (PRCB) business has appointed Gabriel Okolski as Senior Underwriter, Americas, based in Washington D.C. where he will report to Underwriting Manager, Special Risks, PRCB, Jeff Abramson. Within his new role, Okolski will be responsible for new business production, underwriting and client and broker relationships. The ... Read the full article
AXA XL rolls out Environmental Ecosystem tech in North America
1st April 2022
AXA XL's North America Environmental insurance business has rolled out a tailored Environmental Ecosystem, in order to help clients adopt new technology solutions to manage business risks. Following the successful launch of AXA XL's Construction Ecosystem and its curated technology specifically for construction contractors, AXA XL's Environmental insurance team evaluated technology ... Read the full article
AXA XL appoints primary casualty leaders
14th March 2022
AXA XL's Primary Casualty Business has appointed new national, zonal and product leaders to align its underwriting teams more closely to AXA XL's US regional operating model. The promotions include the appointments of Theresa Schlageter to Head of US Risk Management, Primary Casualty, Americas, and Joe Bonica to Head of East ... Read the full article
AXA XL names Bewlay as Chief Executive Reinsurance as Cooper steps down
9th March 2022
AXA XL, the property & casualty and specialty risk division of global insurer AXA, has named Nancy Bewlay as its new Chief Executive Reinsurance, taking over from Charles Cooper. Bewlay brings more than three decades of industry experience to the role and has held numerous senior roles at XL Catlin and ... Read the full article
AXA XL makes three promotions to zonal manager in the US
4th March 2022
AXA XL has promoted three people to newly created zonal manager roles within its design professional insurance business. The insurer says that the move will help it align its underwriting teams more closely within its US regional operating model. The promotions include the appointments of Bob McLucas to east zone manager, ... Read the full article
AXA XL makes two underwriting hires
4th March 2022
AXA XL has appointed Kate Zhou as Senior Underwriter and Ian Lui as Underwriter for its Energy business, where they will be based in Toronto and will report to Jennifer Arezes, Head of Property, Construction and Energy, Canada. Zhou joins AXA XL from Royal & Sun Alliance Insurance Company of Canada ... Read the full article
AXA XL appoints new underwriters
2nd March 2022
AXA XL has appointed two new underwriters to its excess and surplus excess casualty team. According to a statement from the insurer, Ying Yin Zhong will become a senior underwriter based in New York, while Zachery Gentile will be an underwriter based in Exton, Pennsylvania. Zhong joins AXA XL from Arch Insurance ... Read the full article
AXA XL promotes Kendall to Strategic Partnerships manager, Design Professional
28th February 2022
AXA XL's Design Professional insurance business has promoted Michaela Kendall to the newly created role of Strategic Partnerships manager to oversee and strengthen key industry and market relationships. Kendall will be based in AXA XL's Atlanta office, and report to Douglas Strong, Chief Underwriting Officer, Design Professional. She will lead a team ... Read the full article
Strong P&C performance sees AXA report 61% rise in underlying earnings for 2021
24th February 2022
Global insurer AXA has reported a 61% rise in underlying earnings for 2021 to €6.8 billion, driven by a strong performance in its property and casualty (P&C) operation and a strong underwriting result, notably at AXA XL. Across the Group, gross revenues were up by 6%, year-on-year, to more than €99.9 ... Read the full article