Reinsurance News
AXA
AXA is a large, global insurance and reinsurance group headquartered in France.
The company has a long history in the insurance and reinsurance sector, providing a wide range of coverages, from personal lines through complex risks and reinsurance protection.
Read all of our AXA insurance and reinsurance news below.
AXA, WMG, and universities of Edinburgh, Warwick & Oxford partner on insurance for AI risks
22nd July 2025
A new £2 million academic-industry partnership, led by the University of Edinburgh, alongside insurance group AXA, WMG, the University of Warwick and the University of Oxford, will establish the groundwork for developing insurance for artificial intelligence (AI) for the future. The partnership, dubbed as The UKRI Prosperity Partnership ‘AI2: Assurance and ... Read the full article
AXA completes sale of AXA IM to BNP Paribas
1st July 2025
AXA has completed the sale of AXA Investment Managers (AXA IM) to BNP Paribas for cash proceeds of €5.1 billion. AXA has also finalised the sale of Select to AXA IM for €0.3 billion, bringing the total value to the previously announced €5.4 billion. The sale was initially announced last year. ... Read the full article
AXA unveils unified Ceded Re team after strategic realignment
25th June 2025
Effective July 1, 2025, AXA is unifying its AXA Group and AXA XL Ceded Reinsurance (Ceded Re) teams to form a single, integrated Ceded Re team. This move aims to enhance alignment, streamline operations, and drive greater efficiency. As per AXA, the unified Ceded Re team will operate under Guy Van ... Read the full article
April investments highlight growing appetite for China’s re/insurance sector
19th May 2025
April investments in four Chinese insurers by foreign shareholders signals growing international appetite in the country’s re/insurance industry, media group Yicai Global highlighted in a recent publication. This group includes four local insurers: Generali China Insurance, Fosun United Health Insurance, AXA International Reinsurance and Citic Prudential Life, according to data from ... Read the full article
AXA XL Re’s premiums increase 12% to €1.4bn in Q1’25
7th May 2025
Global insurer AXA’s Property and Casualty (P&C) and Specialty Risk division, AXA XL, saw gross written premiums and other revenues climb 7% to €21 billion in Q1 2025, helped by a 12% increase in premiums to €1.4 billion at AXA XL Reinsurance. Within P&C, commercial lines premiums rose 6% to €13.2 ... Read the full article
AXA proposes renewal of CEO Thomas Buberl’s mandate in 2026
23rd April 2025
Large French insurer AXA's Board of Directors has proposed the renewal of Thomas Buberl’s mandate as a director and intends to reappoint him as the company's Chief Executive Officer (CEO). Buberl has served as CEO and Director of AXA since September 2016, having joined the AXA Group as part of its ... Read the full article
AXA’s GWP & other revenues up to €110bn in 2024 with 10% growth at AXA XL Re
27th February 2025
Global insurer AXA's property and casualty (P&C) and specialty risk division, AXA XL, achieved a combined ratio of 91% for full year 2024, a 2.1 percentage point improvement on the prior year, as gross written premiums (GWP) and other revenues increased 7% to €56.5 billion, supported by 10% growth at ... Read the full article
S&P revises AXA’s outlook to positive, affirms key ratings
25th February 2025
S&P Global Ratings, a provider of credit ratings, research, and risk analysis, has revised its outlook on AXA Group, an insurance and asset management company based in France, from stable to positive, reflecting the carrier's anticipated profitability growth and capital-light strategy. Additionally, S&P affirmed its 'AA-' long-term insurer financial strength and ... Read the full article
AXA, AgriCap and WDF launch new carbon credits programme
24th January 2025
AgriCap Group has designed and launched a new "Insured Carbon" programme, which includes a custom-structured parametric insurance programme by AXA, in collaboration with The Well Done Foundation (WDF). Through the programme, the companies are offering insured high-integrity carbon credits created by methane sequestration for purchase. This offering is the first in ... Read the full article
Rob Kurau named Chief Risk Officer at AXA – Global Healthcare
20th January 2025
Rob Kurau has been appointed Chief Risk Officer for AXA - Global Healthcare and AXA Life & Health Reinsurance Solutions. Kurau brings over 20 years of experience in risk management, having held senior roles across the financial services, international payment infrastructures, insurance, and healthcare sectors. Previously, he spent nearly a decade at ... Read the full article
WDF launches insured high-integrity carbon credits backed by AXA’s parametric insurance program
17th January 2025
AXA has provided custom parametric insurance solutions to support the insurance of the nonprofit Well Done Foundation’s (WDF) high-integrity carbon credits created by methane sequestration. This offering, described as the first in the industry, guarantees the authenticity and reliability of carbon credits with its "Insured Carbon" program. It aims to provide buyers ... Read the full article
Pain joins AXA UK & Ireland as Chief Communications, Customer, Brand and Sustainability Officer
16th January 2025
AXA UK & Ireland has consolidated its external communications, internal communications, customer, and brand functions, along with its sustainability agenda, into a new leadership role: Chief Communications, Customer, Brand and Sustainability Officer. This position will be filled by Sally Pain, who will also become a member of AXA UK & Ireland’s ... Read the full article
Ranked by 2023 NPW, health carriers again dominate list of world’s largest insurers
3rd January 2025
In terms of net premiums written (NPW), health insurance companies continued to dominate in 2023 as four out of the top five were US-based health insurers, with UnitedHealth Group holding on to the top spot for the 10th year in a row with NPW growth of 13%. Our ranking of ... Read the full article
Steenbergen appointed member of AXA’s Board of Directors to replace Duan
12th December 2024
Ewout Steenbergen, current Executive Vice President and Chief Financial Officer of Booking Holdings Inc., has been appointed as a member of AXA’s Board of Directors to replace Rachel Duan as she intends to resign from her directorship at the end of the year. Steenbergen will replace Daun for the remainder of ... Read the full article
AXA Commercial hires Mike Crane to lead SME and specialty business
29th November 2024
AXA's Commercial unit has hired Mike Crane as SME & Specialty Director, effective January 2025. Crane's appointment follows the departure of Deepak Soni in August. A renowned veteran across the sector, Crane has extensive experience across the market and brings a deep degree of business transformation knowledge and expertise towards his new ... Read the full article
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