Axa News
AXA’s $15B XL Acquisition Enables It to Raise Profit Goals, Target Asia Markets
AXA, Europe's second-biggest insurer, expects its profitability to improve in the next two years thanks to U.S. business brought in by its new XL arm, and said it would now focus on expanding in ...
AXA Extends Climate Change Policy to Newly Acquired XL Division
AXA, France's biggest insurer, has extended its climate change policy to its recently acquired XL division, joining a growing list of European insurers that have taken action to help to tackle global ...
The Latest Launches From Slice Labs/AXA XL and Roost
Slice Labs and AXA XL partnered on a new cyber insurance policy. Roost and Iceland's TM Insurance will link up in a deal that will expand access to its home telematics products.
The Latest Launches From AXA XL, Munich Re America and Marsh
AXA XL's primary cyber and technology insurance clients can now get complimentary proactive services meant to help promote resiliency before cyber attacks. Munich Re America has begun marketing a ...
Cyber Attack on AXA Prompts Mexico Central Bank Alert
Mexico's central bank said on Tuesday it had raised the security alert level in its payment system after a non-banking financial user reported "inconsistencies" in the cash payment matching system. ...
XL Group Becomes AXA XL With Merger Closing
As of Sept. 12, XL Group will officially become a part of AXA. The Paris-based global insurer disclosed on Sept. 11 that it now has all regulatory approvals required to complete its acquisition of XL ...
Reinsurance Consolidation Won’t Let Up Anytime Soon: Standard & Poor’s
Expect more reinsurance M&A deals in the coming months as reinsurers seek to remain competitive through tough market conditions, S&P Global Ratings predicts in a ...
XL Catlin Beefs Up M&A Underwriting Team With Two New Additions
XL Catlin hired two new additions to its team of Mergers and Acquisitions insurance underwriters - one is a veteran executive from Allied World Assurance Company. Naveed Khalidi comes to XL Catlin ...