Axa XL
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The carrier has been exploring launching into P&C organically or via acquisition.
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He was appointed CUO of casualty, Americas, in July last year.
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Ransomware claims have made up the majority of recent large losses.
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One of the options being explored is setting up a dedicated company for the wholesale vertical.
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Equidad earlier sold its soccer team to group of US investors that includes actor Ryan Reynolds.
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This publication revealed yesterday that Sompo is currently in negotiations with Aspen.
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The executive had previously worked four years as head of trade credit for AIG.
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The move consolidates the company’s leadership of primary and excess construction casualty lines.
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The result has been a sharp increase in the use of captives.
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The exec said if he were a carrier CEO, now is the time he would start looking for deals.
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Delegated underwriters are seeing an opportunity to write in the PVT market as an add-on to property coverage.
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The executive joins after 20 years with Lexington.
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Coverages include missed bid reimbursement, contingent bodily and property damage, and drone use violations.
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Axa XL Re has hired former Swiss Re executive Greg Schiffer as its North America CEO, effective from 11 November.
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Chris Caponigro will be responsible for expanding Axa XL’s product offering and investor base.
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Expansion of the middle-market book is an ongoing focus.
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The carrier has made several recent high-level promotions.
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This expansion will protect against risks faced by transportation and logistics businesses.
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A quick round-up of today’s need-to-know news, including Ryan Specialty and Skyward Specialty.
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Axa's newly formed teams join the company's "complex cyber" unit.
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A quick round-up of today’s need-to-know news, including the Microsoft outage and Travelers' results.
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A roundup of today’s need-to-know news, including leadership changes at Chubb.
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It made several new appointments in its large commercial business unit, as well as its client and distribution team.
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Gittler joined Axa XL in 2012 and had led the cyber underwriting team since 2021.