Life reinsurance
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Axa XL was in the headlines yesterday for making up to 7.5 percent of its workforce redundant.
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Herbie Lloyd and Andrea Cavalleri have been named co-CIOs for non-life and life business respectively.
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The Brazilian unit of AGCS and the London market has exposure to the loss, sources said. -
The system will cut claims handling times by 30 minutes.
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Cardiff City FC has a £16mn personal accident policy which would cover the missing footballer Emiliano Sala.
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Brian Shea has transferred to the international reinsurance team from its securities business.
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Vasudeva has a remit to simplify Axa’s operations in the British Isles.
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The carrier has signed a deal with a unit of Groupama and the local government.
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Sometimes corporate announcements look so futuristic that one suspects the planned move is never going to happen.
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Colin Forrest replaces Frank Schepers as head of the division.
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News of the bid interest comes as Swiss Re prepares the $4.5bn business for an IPO.
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