AXA News – Page 5
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News
New MGA unveils parametric cyber cover with Axa XL backing
The policy is a ’simple and innovative solution to a complex problem’, according to Axa XL’s UK and Lloyd’s chief underwriting officer
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Axa reports 4% hike in earnings
Gross revenues also rose by 7% across the group, said a statement
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Axa XL reveals three-year sustainability strategy
The insurer hopes to improve ESG resilience among its customers with increased awareness of biodiversity risks
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Insurance Times reveals headline results from 2023’s Five Star Rating Report: Commercial and Personal Lines
The results from Insurance Times’ Five Star Rating Report: Commercial and Personal Lines 2023 are now available - how have UKGI brokers rated commercial and personal lines insurers this year?
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IT Interview
Q&A: Investment in regional branches strengthens local broker partnerships – Axa Commercial
Axa Commercial chief executive Jon Walker tells Savan Shah how the firm is now better equipped to support SME customers
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IT Awards 2022
Insurance Times Awards 2022: Axa is ‘creating fast, seamless, end-to-end digital journeys for claims’
Melanie Kill, claims transformation director at Axa, tells Insurance Times why she believes the insurer should win the Insurer Innovation of the Year category at the 2022 Insurance Times Awards
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IT Awards 2022
Insurance Times Awards 2022: Seven firms shortlisted for Insurer Innovation of the Year category
Seven businesses are competing to win the Insurer Innovation of the Year prize at this year’s Insurance Times Awards
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News
Seasoned insurance and banking leader joins Axa XL boards
The new appointment will provide a ‘tremendous benefit to the business’, according to Axa XL chair
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Axa UK and Ireland’s revenue increases by 5% across first nine months of 2022
The business’ personal non-motor P&C line dropped in total income, however
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Insurance Times Awards 2022: Excellence in Technology – Property Claims finalists announced
Seven firms are competing for the Excellence in Technology - Property Claims trophy at this year’s Insurance Times Awards
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Axa UK Retail launches first in-house digital-only insurance brand
The development aims to be a ‘vital safety net’ for customers seeking flexible cover via technological means, says top boss
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Axa XL’s chair of the boards set to retire
She has served as chair of Axa XL’s UK entities for the past five years
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Axa completes sale of Malaysian insurance operations
Generali has bought Axa’s shares in this territory for total cash proceeds of €140m
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News
E-scooter and e-bike lithium-ion battery fire claims spark losses of over half a million pounds – Axa UK
The insurer is warning commercial businesses and consumers of the risks associated with fires resulting from the electrically powered micro-mobility vehicles
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CNA Hardy bags ex-Axa XL chief as new director of risks
He has also worked for the likes of EY, Accenture and Deloitte in senior roles
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Catch up on insurers’ half-year financial results for 2022
In July and August, insurers operating in the UKGI market have been publishing their half-year financial results for the first six months of 2022. Get the story on insurers’ balance sheets and factors driving the figures here…
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News
Axa prepares for ‘potential claims’ from Ukraine and Russia war through exposed lines
Some of the insurer’s crisis management policies, for example, have been ‘triggered because of the war in Ukraine’, says group chief financial officer
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Axa XL records 6% dip in H1 2022 revenue after cutting natural catastrophe reinsurance exposure
Insurer chief executive notes that the subsidiary still has the ability ‘to generate earnings totally in line with our objectives’
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Axa’s UK and Ireland P&C revenue grows by 3% in H1 2022
The insurer’s group deputy chief executive additionally outlines two ‘headwinds’ impacting Axa’s group-wide P&C COR of 93.7%
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News
Axa launches €1bn share buyback following ‘very good performance’ in H1 2022
The new scheme will operate alongside the share buyback programme set to follow Axa Germany’s sale of its closed life and pensions portfolio