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 IM names Laurent Caillot Global Chief Operating Officer
1st July 2022
AXA Investment Managers (AXA IM) has announced the appointment of Laurent Caillot as Global Chief Operating Officer (GCOO) effective 1 September 2022. He will take over the role from Godefroy de Colombe, who is set to pursue a career in a new professional sector. Based in Paris, Caillot will be a member ... Read the full article
AXA’s investments outperform PCA benchmark
30th June 2022
AXA’s new 2022 Climate and Biodiversity Report: Accelerating Transition claims that the firm is outperforming benchmarks in aligning its investments with the Paris Agreement. The firm says in the report that its corporate assets, sovereign debt, and aggregate investments had warming potentials of 3.66˚C, 1.98˚C, and 2.62˚C. This, says AXA, is ... Read the full article
New tech helping to “predict” adverse events in real-time: AXA
29th June 2022
A move towards prevention through predictive technologies will become commonplace in certain insurance sectors, according to the chief strategy and business development officer at the global insurer, AXA. The two main trends that are making insurers shift to prevention, noted Georges Desvaux, are the growing complexity of risks society faces, and ... Read the full article
AXA XL appoints London Head of US Casualty, Reinsurance
21st June 2022
AXA XL, the property & casualty and specialty risk division of global insurer AXA, has named Ian Sawyer as it’s London Head of US Casualty, Reinsurance. Within this role, he will be based in London and will be responsible for leading AXA XL’s Global Markets US Casualty team in the UK, ... Read the full article
AXA launches strategic program to build Digital Commercial Platform
16th June 2022
Global insurer AXA, has announced the launch of a strategic program to build a Digital Commercial Platform, which will aggregate different services to transform the company’s value proposition to better serve its commercial customers, in line with AXA’s Driving Progress 2023 strategic plan. The ambition of the platform is to fully ... Read the full article
AXA Tianping collaborates with Akur8 to strengthen pricing process
1st June 2022
AXA Tianping, a member of the AXA Group and one of China’s largest P&C insurers, and Akur8, an AI-driven insurance pricing technology company, have announced a collaboration. The collaboration between the two companies will further enhance AXA Tianping’s pricing process with Akur8’s high-performing AI technologies. Through this partnership, AXA Tianping’s actuaries and ... Read the full article
AXA XL promotes Brooks to CUO, Programs & Delegated Arrangement, Americas
27th May 2022
AXA XL has announced the appointment of David Brooks to the new role of Chief Underwriting Officer (CUO), Programs and Delegated Arrangement for the Americas, where he will report to Donna Nadeau, AXA XL's Chief Underwriting Officer for the Americas. The new role has been made in support of AXA XL's ... Read the full article
AXA SA gets ratings upgrade following reinsurance approval
12th May 2022
S&P Global Ratings has decided to upgrade the ratings of AXA SA, after it was granted regulatory approval to expand its business scope as an operating reinsurance company and internal reinsurer in addition to being a holding company. Specifically, S&P raised its long- and short-term issuer credit ratings on AXA ... Read the full article
AXA approved to transform holding company into internal reinsurer
11th May 2022
AXA has gained regulatory approval for its previously announced plans to transform AXA S.A., the holding company of French insurer AXA Group, into the company’s internal reinsurer via a merger with the Group’s current captive internal reinsurer. The plans were first revealed back in February 2022, with the initiative intended to ... 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 reconfigures its board of directors
29th April 2022
AXA has appointed Antoine Gosset-Grainville and Thomas Buberl as the respective chairman and CEO of the insurer’s board of directors. The firm announced, in a statement, that the appointments follow the approval of the board of directors’ resolutions at its Annual General Meeting. Gosset-Grainville will replace Denis Duverne as chairman of ... 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
Allianz latest to rule out insuring East African Crude Oil Pipeline
11th April 2022
Allianz has become the seventh insurer to commit to not providing coverage to the East African Crude Oil Pipeline (EACOP). The pressure group #StopEACOP says that the insurer has sent it an email to confirm that they will not be ‘providing direct insurance’ to the project since ‘it neither meets our ... Read the full article
AXA condemns Russia’s invasion of Ukraine
28th March 2022
Since the start of Russia’s invasion of Ukraine, global insurer AXA has fully enforced all international sanctions, having stopped underwriting new insurance business, as well as all renewals, with respect to Russian owned assets located in Russia. The insurer has also stopped all new investments in Russian assets. With respect to AXA’s ... Read the full article
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