AXA News – Page 9
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NewsThe 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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NewsAxa 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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NewsAxa’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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NewsAxa to launch €1.7bn share buyback programme
The insurer plans to cancel all repurchased shares
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NewsAxa’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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NewsAxa 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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NewsAxa 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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NewsAxa 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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NewsAxa 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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NewsAxa sells insurance operations in Gulf region
The cash consideration for the deal with Gulf Insurance Group amounts to $264m
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NewsAxa chief financial officer moves to MS Amlin Insurance SE
The hire has 25 years of experience from rival insurer Axa
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NewsAxa 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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NewsFCA’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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NewsAxa to sell Singapore business to HSBC
The financial services business will spend €487m on the acquisition
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NewsAxa’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
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NewsAxa UK rolls out new tool to streamline complex property claims
The tools aims to enable the insurer to provide ‘quicker’ and ‘more advanced’ decisions for its customers
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NewsBroadway Insurance Brokers warns holiday makers against ‘amber gambling’ with travel insurance policies
Broadway Insurance Broker’s director of private clients says this is the next phase of the fallout following business interruption claims
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NewsInsurance industry leaders inaugurate alliance to accelerate net zero transition
The insurance industry and wider financial sector ‘have the power and responsibility to drive progress’
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NewsUK government publishes long-awaited Building Safety Bill
Despite the bill being welcomed, insurance industry leaders highlight concerns for buildings under 18 metres tall as ‘fire does not respect arbitrary height limits’
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NewsAXA aligns new climate strategy with Paris Agreement
The insurer is committed to limiting the warming potential of its investments to 1.5 degree Celsius by 2050
