Axa XL
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The carrier will have to compensate a Parisian restaurateur for two months’ lost earnings.
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The surprise move reflects a desire to bolster profitability at the specialty business, group CEO Buberl says. -
The International Group originally notified reinsurers of a $115mn loss.
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Carriers led by Axa XL are accused of “not acting in good faith” and acting “miserly”.
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The combined vehicle will write P&C cover for amusement parks, arcades and carnivals.
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Elizabeth Benet has a long career in specialty lines underwriting.
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The case exemplifies the complications historic opioid claims are causing in the market.
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Odette Novoa and Erica Delaney join the insurer’s New York office.
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The flagship facility retains QBE and Axa XL for 2020 participation.
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The Fleet UK product is distributed around 600 brokers and combines risk management services, with telematics and fleet analysis.
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The Galileo cat bond is the first to be launched by Axa XL since Axa bought XL Group in 2018.
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Great American replaces Axa-XL as a paper provider for the AJ Gallagher-owned marine managing general agent.
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