Axa XL
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Concerns over crew liability claims have led carriers to change wordings and tighten underwriting criteria.
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Munich Re Syndicate has appointed Rob McAdams as its new head of marine, replacing Simon Parnell, who is retiring after 21 years at the company.
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The experienced underwriter replaces Simon Parnell, who is retiring after a long career at the firm.
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Willis Towers Watson’s Michael Clarke and Generali’s Robyn Warke are to join the carrier.
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The former Axa China CEO and Middle Eastern healthcare architect steps up.
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The carrier will have to compensate a Parisian restaurateur for two months’ lost earnings.
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Analyst Michael Huttner predicts that rising rates could allow Zurich to recover pandemic losses in just a year. -
Analyst Michael Huttner forecasts lower pandemic-related losses for the Axa unit than for Allianz.
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Coronavirus’ unwanted record; John Neal speaks out; structured credit freezes up.
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The carrier positions itself to take advantage of rising rates following Covid-19 losses.
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Nancy Bewlay takes on the role of global CUO while Sean McGovern becomes interim CEO for the UK and Lloyd’s market.
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Philip Kett said Axa’s likely loss for the outright cancellation of the games would be EUR60mn.
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21 May 2025 -
Daily Digest: Top news from 21 May
21 May 2025