AXA News – Page 7
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Axa Commercial futureproofs motor fleet offering with EV edits
EV sales increased by 76% between 2020 and 2021, according to the insurer
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Axa UK and Ireland acquires renewal rights to Ageas UK’s commercial business
The deal aims to ‘further cement’ Axa’s commitment to the SME and schemes market segments, says chief executive
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Campaigners call out insurers investing $7.9bn in North Sea oil and gas companies
Removing support for oil and gas production ‘needs to accelerate beyond the current baby steps’, says climate campaigner
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Insurance Fraud Bureau appoints Axa veteran as new non-exec director
The new non-executive director’s ‘expertise will prove invaluable’ as the organisation shapes its strategic direction, says IFB director
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Aviva appoints Axa’s executive MD of claims as new chief claims officer
The new hire will lead the claims function as it continues its digitisation and simplification journey
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The Wolseley restaurant owner still in Covid-related BI dispute against insurer
The case will be heard in the High Court on 24 January 2022
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Axa UK hires new chief operating officer for commercial business
The new hire will also join the commercial executive committee, succeeding Tim Yorke
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Axa’s P&C total revenue grows 5% in first nine months of 2021
The insurer’s quarter three financial update reveals commercial lines revenue growth of 7% in the nine months to 30 September 2021
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Axa to launch €1.7bn share buyback programme
The insurer plans to cancel all repurchased shares
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Axa’s new oil and gas policy has ‘derailed’ its net zero ambitions – Reclaim Finance
Despite introducing exclusions, the insurer has left a cover loophole, enabling it to continue insuring oil and gas expansions, says NGO
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Axa extends oil and gas exclusions in fight against climate change
The transformation needed to become a low carbon economy ‘can only happen by enabling companies from the energy sector to implement ambitious transition plans’, says insurer chief executive
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Axa Partners UK and Ireland enters long-term deal with train shuttle service
The insurer plans to help the travel service ’strengthen the product offering and value that is added during the customer journey’
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Axa UK appoints commercial lines chief underwriting officer from WTW
The new hire is replacing David Williams, who plans to move into non-executive roles
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Axa UK appoints new distribution and trading director for commercial arm
The new hire is ‘looking forward to working with key broker partners to understand how we can deliver value for them and our mutual customers’
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Axa sells insurance operations in Gulf region
The cash consideration for the deal with Gulf Insurance Group amounts to $264m
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Axa chief financial officer moves to MS Amlin Insurance SE
The hire has 25 years of experience from rival insurer Axa
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Axa has paid £75m for Covid-linked BI claims to date
UK retail boss adds that the business is ‘in a very robust position to move forward and evolve’
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FCA’s pricing reform ‘timeline is very aggressive’ – Axa
The insurer is ‘going helter skelter’ to meet the year-end deadline for pricing changes in the motor and home insurance markets says UK retail boss
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Axa to sell Singapore business to HSBC
The financial services business will spend €487m on the acquisition
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Axa’s ‘P&C profitability bounced back’ in 2021’s H1
Group chief executive is ‘confident about the future’ of subsidiary Axa XL, which has been a key driver of financial success in the first half of the year