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 partners with taxi firms on Internet of Vehicles project
27th October 2022
AXA Hong Kong and Macau have announced a partnership with Chung Shing Taxi and TaxiSafely to launch Hong Kong’s very first Internet of Vehicles (IoV) project collaborated by insurer and taxi company. The collaboration aims to enhance taxi driving safety, and protect taxi drivers, passengers and other road users, through the ... Read the full article
Climate change becomes the number one risk around the world: AXA
26th October 2022
Climate change is becoming the number one concern around the world, according to AXA's Future Risks Report 2022, with geopolitical risks coming in second place. The report also found that the feeling of vulnerability to certain risks has been increasing and confidence has waned. Based on responses from a panel of 4,500 ... Read the full article
AXA eyes growth in Spain with acquisition of GACM España
18th October 2022
AXA Spain, a division of the global insurance group, has entered into exclusive negotiations with Groupe des Assurances du Crédit Mutuel for the potential takeover of Groupe Assurances du Crédit Mutuel España (GACM España), its predominantly P&C and health insurance subsidiary in Spain. AXA is looking to acquire GACM España for a ... Read the full article
AXA XL promotes Gazzard to E&O Product Line Leader, Professional Lines
11th October 2022
AXA XL has promoted Mike Gazzard to the role of Senior Vice President and E&O Product Line Leader of its Bermuda Insurance Professional Lines Team. Within this role he will report to Matthew Irvine, AXA XL’s Bermuda Professional Lines Chief Underwriting Officer. Gazzard, who has been with AXA XL since 2019, previously ... Read the full article
AXA XL Re unveils seven new global product leaders
7th October 2022
AXA XL Re, the reinsurance arm of AXA's property & casualty and specialty risk division, has today announced the appointment of a range of new global product leaders. This includes a new role for Tristan Abend, formerly Head of International Property Treaty, who will now lead International Property at the reinsurer. Greg ... Read the full article
AXA CEO Thomas Buberl: “The world is in a multi-crisis environment”
5th October 2022
AXA CEO Thomas Buberl has drawn attention to the series of crisis the globe finds itself in a recent radio interview in France. Speaking to France Inter, Buberl said that everything must be done in order to avoid recession, no matter the difficulty. He said: "We are immersed in a multi-crisis environment ... Read the full article
Brett Stewart to lead AXA XL loss prevention education programs in NA
29th September 2022
AXA XL Insurance has announced that it has promoted Brett Stewart to Manager of Loss Prevention and Education for AXA XL’s Design Professional insurance business in North America. In a press release, it stated that within this new role, Stewart will lead development of loss prevention and education programs and materials for AXA ... Read the full article
AXA XL appoints leaders for new Group Captives unit
16th September 2022
AXA XL’s Primary Casualty Business has appointed both Mark Benz and Joseph Davina to lead the newly created Group Captives unit. Both Benz and Davina will be based in New York and will report to Chris Kopser - President and CUO Primary Casualty, Americas. Benz takes on the role as Head of Group Captives Primary ... Read the full article
Generali acquires AXA Malaysia joint ventures
2nd September 2022
Italy-headquartered insurer Generali has acquired Axa’s Malaysian operations, in line with Generali strategy to strengthen its leadership position in high potential markets. At the same time AXA also announced the completion of the sale to Generali. In the announcement, AXA revealed it sold 49.99% of its shareholding in AXA Affin General ... Read the full article
AXA XL appoints Lead Underwriter for War, Terrorism & Political Violence
5th August 2022
AXA XL has appointed Greg Johnson as lead Underwriter for War, Terrorism and Political Violence (WTPV) business for the Western Region of the US. Within this role, Johnson will be based in Los Angeles, where he will focus on growing the west coast terrorism portfolio, as well as monitoring financial exposure, and building and ... Read the full article
AXA XL Re’s revenue down by 21% on nat cat reduction
3rd August 2022
Global insurer AXA has today reported 1% growth in gross revenues to €55 billion for the first half of 2022, although within AXA XL Reinsurance revenues fell by 21% on the back of a strong reduction in natural catastrophe exposure. Alongside the growth in gross revenues, French insurer AXA has reported ... Read the full article
AXA tops list of largest EU insurers ranked by GPW
1st August 2022
When ranked by gross premiums written (GPW) in 2020, AXA tops the list of the largest European insurance companies with USD 115.3 billion. The insurer also recorded USD 80 billion of capital & surplus from 2020. Based on research data from ratings agency AM Best, our directory ... Read the full article
Alexander Vollert appointed as a member of AXA’s Management Committe
21st July 2022
AXA has appointed Alexander Vollert, AXA's Chief Operating Officer and CEO of AXA Group Operations (AXA GO), as a member of the company’s Management Committee. Vollert’s appointment is effective September 1st, 2022. Vollert joined AXA in September 2016. He directly started his tenure at the company as CEO of AXA Germany. Prior to ... Read the full article
AXA to sell a closed life & pensions insurance portfolio to Athora Germany
15th July 2022
AXA Germany has reached an agreement to sell a portfolio of life and pensions insurance reserves worth €16 billion. Under the terms of the agreement, AXA Germany will sell the portfolio to Athora Germany for a consideration of EUR660 million. AXA noted that the portfolio has been closed to new business since ... Read the full article
AXA signs multimillion-pound deal with ROCK Insurance
4th July 2022
AXA Partners UK & Ireland and ROCK Insurance Group have announced a multimillion-pound extended partnership, which follows a previous collaboration in 2021. Having launched in June, this partnership will see AXA underwrite a number of ROCK Insurance Group’s Travel Insurance policies. These include Jet2, Onthebeach, Travel Republic, Insurefor, Leisure Guard and Big ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
