Axa XL
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Demand for specialty commercial insurance in Australia has been increasing, driven in part by the growth of the digital economy alongside traditional industries.
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Hayzelden has been charged with leading the firm's upstream energy team, covering both offshore oil and gas and offshore renewable wind risks.
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It was reported last month that Axa was believed to be preparing for a sale of Axa XL Re.
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Axa’s lack of success in selling its more volatile XL Re segment has led the insurer to cut back on those lines, but the current rate environment makes this a good time to revisit a sale.
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It didn’t take long after the Validus-RenRe deal for the next possible reinsurance consolidation target to emerge.
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The carrier will increase its involvement in renewables, and cut the carbon intensity of its motor and P&C book.
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At this week's Bermuda Climate Summit, speakers heralded the Island's future as a centre of excellence for climate-related innovation and risk transfer.
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A panel of sustainability leaders from Conduit Re, Axa XL, Convex and Vantage Risk discussed the need for a consistent methodology to measure underwriting emissions at the Bermuda Climate Summit.
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The decaying oil tanker FSO Safer is holding over a million barrels of oil and is at risk of explosion.
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The carrier has announced several changes to its management committee before revealing its new strategic plan early next year.
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The carrier has been recruiting for the position following Steven Farr’s move to Tokio Marine HCC.
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