Axa XL

Smyth returns to XL from Aspen, which he joined in 2016.

The P&I and marine carrier now leads Maersk’s hull insurance policy.

The former XL Catlin president will join the board of Envelop Risk.

Benjamin will become the head of management solutions at Zurich North America.

The insurer will extend its global capacity in the line by 20 percent.

The insurer has formed a team headed by its casualty business CUO to deal with driverless cars and other such vehicles.

Bermuda gross written premium increased by 20 percent to $15.0bn in Q1 2018.

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.

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.

Carriers ordered to pay $40mn for Verizon's defence costs from a 2006 spin-off related securities claim.

Charles Marmolejo joins the insurer from Marsh as an executive underwriter.

InsiderTech Silicon Valley attendees also told to expect further wave of failures.