Axa XL
Insurers scramble to secure Musk's Twitter 'validation'
Leading UK insurers are paying the contentious monthly premium for 'blue check' verification after Elon Musk's Twitter takeover - a privilege that was previously free of charge.
Axa XL's McGovern to take up LMG chairmanship
Axa XL CEO for the UK & Lloyd’s Sean McGovern is set to become chair of the London Market Group from the start of next year.
For the record: Lemonade joins the ABI; Lexis Nexis expands to Ireland; Jensten acquires Bennetts
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Insurers defend approach to transitioning businesses following Ferma criticism
Insurers have defended their approach to providing cover to companies undertaking Net Zero transitions following criticism from the Federation of European Risk Management Associations.
Imprisoned underwriter ordered to pay Axa XL £6.5m
A disgraced, imprisoned underwriter, who funnelled millions of pounds out of contracts with Axa XL has been ordered to pay £6.5m back to the insurer.
Intelligence: Fanning the flames – what is causing the fires on containerships?
With more than 70 reported fires breaking out on containerships in the past five years, cargo fires are a priority concern for marine industry. Post investigates how these fires are starting, and what is being done to address this issue.
Consideration of systemic cyber risk threatens to prevent insurers providing 'viable solutions'
Caution from insurers mindful of the systemic cyber risk is in danger of preventing the insurance market catering to the needs of businesses, William Wright, partner and director at specialist broker Paragon, has said.
Aviva reports 13% spike in fraud; Accredited hails £2bn Policy Expert deal; Urban Jungle to recruit 100; and PRA warns insurers of ‘significant headwinds’ over climate change
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Axa XL promotes Benet to global CUO
Axa XL has appointed Libby Benet as global chief underwriting officer, succeeding Nancy Bewlay, who recently assumed leadership of Axa XL’s global reinsurance operation.
Blog: Ocean investment is critical to protect the welfare of ecosystems
As Axa and WTW join a new global finance ecosystem designed to channel funds into coastal and ocean natural capital by 2030, Chip Cunliffe, biodiversity director at Axa XL and co-chair of Ocean Risk and Resilience Action Alliance, takes a deep dive into…
Intelligence: What does the future hold for ESG chief officers?
With the growing importance of environmental, social and governance issues, companies are starting to recruit people to senior executive positions to oversee their strategies. Pamela Kokoszka investigates if the role of chief ESG officer is here to stay,…
ESG blog: Valuing water – delivering access to water, sanitation and hygiene in Northern India
Looking at the S in ESG, Suzanne Scatliffe, global sustainability director at Axa XL, explains how the insurer is working with Water Aid to improve the quality of people’s lives by providing clean water, decent toilets and improved hygiene.
Webinar: Ensuring environmental action is more than a catchy title: how can we be sure to avoid greenwashing
In the second of Insurance Post's ESG Exchange webinars on Friday 11 March 10am we'll explore how the insurance sector can avoid greenwashing.
Intelligence: Is it boom time for special purpose acquisition companies in the UK?
Although the mania for special purpose acquisition companies of early 2021 has subsided, investor enthusiasm persists and is in the process of going global. The losses directors’ and officers’ insurers can expect to flow from these types of companies…
Interview: Stephen Catlin, Convex
Harry Curtis spoke to Stephen Catlin, CEO and chairman of Convex, about how the insurer is looking forward, why cyber risks are a step too far and his response to climate critics
Intelligence: Fine art - Putting insurers in the picture
Fine art is a very traditional and discreet market, with lack of data making it hard to price risk accurately. Valerie Hart explores how IT solutions could lead to greater transparency and insurers making more informed decisions.
Intelligence: The supply chain crisis – why the insurance lifeboat can’t take all
Supply chain issues have made headlines recently as backlogs at ports build up and in some cases large ships are turned away. These are unprecedented times but as Rachel Gordon finds out insurance is only part of the solution
Intelligence: Insuring automated warehouses
With warehouses increasingly deploying robots to help with the demand for next day delivery, Post investigates what challenges automation in warehouses poses for insurers.
Chaucer appoints Xamira Groves as head of insurance
Xamira Groves has joined Chaucer from Axa XL as head of insurance.
Admiral, Covea and Hastings back Drive Score launch; Abacai teams up with Ticker; Bollington to rebrand under Gallagher; Aviva extends Founders Factory tie-up; and Cover Genius seals Series C raise
Post wraps up the major insurance deals, launches and investments of the week.
Covéa talks to buy Axa XL Re fall through: report
Covéa has failed to secure a deal to buy Axa XL Re, Post’s sister title has reported.
Intelligence: Insuring space tourism
The prospect of recreational space travel was brought into sharp focus in July as billionaires Richard Branson and Jeff Bezos both made trips to the edge of space.
Hemming bullish on growth at Aviva as survey shows solid broker optimism
Research by Aviva has shown optimism among brokers about their trading prospects for the second half of the year as the UK reopens from Covid restrictions.
Marsh and Citi support vaccine efforts; Hudson takes majority Occam stake; Simply Business in Barclays tie up; Aston Lark strikes Irish deal; RAC picks Premium Credit
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.