Axa XL
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Prior to joining Sompo International, Patrick Corbett was life and A&H CUO at Axa XL for three years.
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A total of 12 managing agents control £1bn or more of capacity, analysis shows.
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Lindsay Astor’s appointment to the new role is effective immediately.
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Speaking at an Insurance Insider panel event on the future of the market, Axa XL CEO Sean McGovern said the industry should focus less on “recycling” existing talent.
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Axa XL’s global sustainability director set out practical considerations for insurers in their net-zero transitions at a conference today.
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Allianz Global Corporate & Specialty (AGCS) hull underwriter Matthew Wells has resigned to join Axa XL, Insurance Insider can reveal.
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Axa XL has promoted Olivia Shing to head of underwriting management, UK and Lloyd’s, in a role where she will execute the regional strategy to ensure sustainable profitability.
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Axa XL anticipates booking losses of EUR400mn ($462mn) before tax and net of reinsurance from Hurricane Ida, the carrier has disclosed, as it reported total revenue growth of 3% in the first three quarters of 2021.
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The executive and other ESG experts at the Airmic conference stressed the importance of insuring the transition to net-zero.
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Nick Pascall becomes the latest senior member of staff to leave the business after a string of recent departures.
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Despite the appointment of Alain Burguiere, it is understood that Elseco’s current head of aviation, Antoine Lamy, has not left the company.
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The business has seen a number of senior staff in specialty lines exit recently.
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