Axa XL
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Buyer Allianz would probably offer shares for its Swiss peer, the analysts say.
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The insurance sector is making strides towards better D&I and that is to be applauded.
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Smyth returns to XL from Aspen, which he joined in 2016.
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The P&I and marine carrier now leads Maersk’s hull insurance policy.
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The former XL Catlin president will join the board of Envelop Risk.
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Benjamin will become the head of management solutions at Zurich North America.
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The insurer will extend its global capacity in the line by 20 percent.
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The insurer has formed a team headed by its casualty business CUO to deal with driverless cars and other such vehicles.
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Bermuda gross written premium increased by 20 percent to $15.0bn in Q1 2018.
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The IPO of a portion of the French carrier’s life insurance arm, which also issued bonds, has provided a financial shot in the arm.
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Axa will have no problem funding its $15.3bn takeover of XL Group but the disappointing IPO of Axa's US life insurance business will make it harder to sell the acquisition.
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Carriers ordered to pay $40mn for Verizon's defence costs from a 2006 spin-off related securities claim.