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Christa Schwimmer has joined the leadership team alongside Stefan Golling.
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The Swiss insurer will continue to write the class of business from its French office.
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The move marks a return to underwriting for Michelle Boyd, who worked at Axa XL and HDI.
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Tim Watson most recently served as a senior credit and political risk underwriter.
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LAU will become the new Core Specialty Aviation & Aerospace Division.
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The move comes amid a restructure of Axa XL’s specialty leadership.
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In part two of our 2025 outlook, we explore the drivers of carrier M&A and recreating the ESG agenda.
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Each of the new participants is already invested in portfolio underwriting.
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Certain new and old themes will re-emerge this year as the balance of power shifts.
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Supply generally exceeded demand and trading relationships were ‘strong’, CEO Tom Wakefield said.
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Axa XL leads the aviation all-risks reinsurance coverage for the destroyed Jeju Air Boeing 737-800 craft.
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Axa XL is understood to be the lead carrier, with Gallagher the broker on the account.