Reinsurance News
AXA
AXA confirms €1bn sale of Central European businesses
10th February 2020
French insurance and investment giant AXA has confirmed that it plans to sell its operations in Poland, Czech Republic and Slovakia to UNIQA Insurance Group AG for €1 billion. UNIQA had been pegged as one of three bidders in the running to secure AXA’s Central and Eastern European operations after Read the full article
Three in race to buy AXA’s €1bn-rated Eastern Europe operations, reports
28th January 2020
There are currently three bidders in the running to secure the €1 billion-rated Central and Eastern Europe business operations of French insurance and investment giant AXA, according to a Bloomberg insider. Only the Italian insurer Assicurazioni Generali SpA and Austrian insurers Vienna Insurance Group and Uniqa Insurance Group are supposedly still ... Read the full article
Climate a factor in catastrophes & virus outbreaks: AXA CEO Buberl, at Davos
27th January 2020
For the insurance and reinsurance industry climate change is a common factor that is seen to affect the rate of catastrophe losses and also the incidence of virus outbreaks, AXA Group CEO Thomas Buberl explained. While trends remain uncertain, when it comes to the impact of climate change on the occurrence ... Read the full article
AXA considering sale of Middle Eastern operations, reports
24th January 2020
French insurance and investment giant AXA may be looking to offload its Middle Eastern operations as Chief Executive Officer Thomas Buberl looks to continue streamlining efforts, according to reports from Bloomberg. While AXA is yet to begin a formal sale process, people close to the matter have told Bloomberg that the ... Read the full article
AXA Hong Kong launches chronic disease management service
15th January 2020
The Hong Kong division of global re/insurer AXA has launched a new program designed to provide mitigation and treatment services for chronic diseases. ‘AXA Chronic Disease Management Programme' collaborates with CUHK Medical Clinic, Hong Kong Diabetes Specialist Centre, HKSH Medical Group and Virtus Medical Group. A registered medical practitioner will be assigned ... Read the full article
AXA XL reveals changes to Reinsurance Leadership Team
20th December 2019
AXA XL, the property and casualty and specialty risk unit of AXA, has announced a series of changes within its Reinsurance Leadership Team as part of its previously announced simplified Reinsurance organisational structure. Announced in September, the new structure is aligned around the firm’s key markets and is intended to ... Read the full article
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’s Maisonneuve named CEO of AXA Next & Group Chief Innovation Officer
5th December 2019
Delphine Maisonneuve, currently the Chief Executive Officer (CEO) of AXA Brazil, has been appointed as CEO of AXA Next and Group Chief Innovation Officer, effective January 1st, 2020. She replaces Guillaume Borie who was recently named Deputy CEO of AXA France and CEO of AXA Particulars & IARD Enterprises. In her new ... Read the full article
Joan Lamm-Tennant joins AXA Equitable Holdings Board of Directors
3rd December 2019
AXA Equitable Holdings, Inc. has named Joan Lamm-Tennant as an independent member of its Board of Directors, effective January 1st, 2020. The company states that this announcement follows the close of AXA's secondary offering of shares of AXA Equitable Holdings common stock on November 13th, 2019. Currently the co-founder and Chief Executive ... Read the full article
AXA throws weight behind 0% coal energy world
27th November 2019
Global insurer AXA has laid down a series of targets designed to accelerate its contribution to the transition towards a low-carbon economy. The enhanced strategy, due to be announced tomorrow at an event organised in collaboration with the United Nations Principles for Sustainable Insurance (UN PSI), includes doubling its green investment ... Read the full article
AXA UK makes senior appointments to Delegated Authorities team
25th November 2019
AXA UK has announced the appointments of Gary Head and Joel Markham to senior positions within its Delegated Authorities team. Head has been appointed as Director of Delegated Authorities, joining the company from Hiscox where he has spent the previous 23 years. At Hiscox, Head served as Managing Director of Alternative Distribution, ... 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 to underwrite THB’s Fleet UK product
19th November 2019
Global insurer AXA is to underwrite Lloyd’s wholesale broker THB’s Fleet UK product, as part of a new partnership deal. THB says the decision to pair with AXA originates from wanting to partner with a fleet insurer that values underwriting expertise, as well as AXA’s commitment to offering flexible solutions for ... 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