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Large Loss Claims Account for 88% of All Its Global Cyber Losses, Says AXA XL Study, Revealing Key Trends and Insights
September 15 2025
According to an AXA XL claims analysis, 88% of all incurred losses from its cyber claims over the last decade arise from claims that surpass $1 million, suggesting that a relatively small number of large claims are responsible for the majority of cyber losses.
AXA XL Announces Donnacha Smyth as New Global Chief Underwriting Officer, Casualty
September 15 2025
AXA XL has appointed Donnacha Smyth as its new Global Chief Underwriting Officer, Casualty, effective November 3. Based in Bermuda, Mr. Smyth currently serves as Head of Casualty for the Americas region. As part of his new global role, he will relocate to Ireland in 2026.
AXA XL's Alternative Capital Team Selects Clearwater Analytics as its Provider for Investment Accounting Services
June 12 2024
Clearwater Analytics (NYSE: CWAN), a leading worldwide provider of SaaS-based investment management, accounting, reporting, and […]
AXA XL Appoints Lucy Pilko as Chief Executive Officer, Insurance in the Americas
August 31 2023
AXA XL today announced that Lucy Pilko has been appointed Chief Executive Officer for the Americas region […]
AXA XL appoints Vito Raimondi to lead U.S. Central Zone
August 18 2023
AXA XL announced Vito Raimondi has been named head of its U.S. Central Zone. Based […]
Intangic MGA launches innovative cyber parametric policy with backing from AXA XL
March 16 2023
Intangic MGA, a data science-driven, London-based cyber Managing General Agent (MGA), has been launched with […]
AXA XL Adds Cyber Insurance Option to its Lawyer's E&O Offering
November 7 2022
To help lawyer firms minimize the high financial cost and reputational risks associated with potential […]
AXA XL Insurance Appoints New Head of Crime and Crisis Management in North America
November 2 2022
AXA XL Insurance announced the appointment of Brian O’Neill as head of AXA XL’s Crime and Crisis […]
AXA XL Creates Innovation Office in the Americas
October 28 2022
AXA XL Insurance has launched an Underwriting Innovation Office in the Americas to drive innovation […]
AXA XL Names Primary Casualty Leader for North America Construction Insurance Business
October 12 2022
AXA XL Insurance has promoted Michael McKinley to lead Construction Primary Casualty Insurance business in North America. According to Gary […]
AXA XL Expands Commercial Bonds Capabilities in Canada
September 25 2022
To address continued demand for Commercial Bonds from businesses in the country, AXA XL has appointed Cedric Franklin as VP, Regional […]
AXA XL Adds More Underwriting Talent to Cyber Insurance Business in North America
September 25 2022
AXA XL Insurance is welcoming three new colleagues to its Cyber and Technology Errors & […]
AXA XL Expands Commercial Bonds Capabilities in Canada
August 22 2022
To address continued demand for Commercial Bonds from businesses in the country, AXA XL has appointed Cedric Franklin as VP, Regional […]
AXA XL Adds More Underwriting Talent to Cyber Insurance Business in North America
August 19 2022
AXA XL Insurance is welcoming three new colleagues to its Cyber and Technology Errors & […]
AXA XL strengthens War, Terrorism and Political Violence Underwriting with key appointment in California
August 5 2022
AXA XL has appointed Greg Johnson as lead Underwriter for War, Terrorism and Political Violence (WTPV) business […]
AXA XL Announces New Role to Develop Middle Market Business in the US
July 28 2022
AXA XL Insurance has appointed Matthew Waters as Head of US Middle Market to lead an initiative […]
AXA XL Announces New Cyber Insurance Roles and Regional Management Appointments in the US
July 20 2022
To help keep pace with continuously changing technology risks, a very dynamic cyber insurance market, […]
AXA XL adds Commercial E&O insurance underwriting expertise in the US
June 14 2022
To meet service professionals continued demand for professional liability protection, AXA XL is growing its […]
AXA XL Boosts Resources, Adding New Role, to Support Program Insurance Business' Continued Growth
May 27 2022
Boosting its support of the U.S. programs insurance market’s fast-paced growth, AXA XL is investing […]
AXA XL Builds Out Cyber Incident Response Team in North America
May 13 2022
To help businesses before, during and after actual or suspected cyber breaches, AXA XL continues […]
AXA XL Welcomes Added Expertise to North America Construction Insurance Business
April 27 2022
To meet contractors continued demand for construction insurance and risk management expertise, AXA XL‘s North […]
EXCLUSIVE: ‘Digital Insurance...In Person’ – Aniqah Majid, FF News in ‘The Insurtech Magazine’
April 27 2022
Greenwich, London – where hemispheres meet – was an appropriate place to bring legacy firms […]
AXA XL adds Energy Property Underwriter in Houston
April 21 2022
AXA XL has added Emmy Pan as Energy Underwriter to its Americas Property insurance team. Based in […]
AXA XL appoints Gabriel Okolski as Senior Underwriter, Political Risk, Credit & Bond, Americas
April 8 2022
AXA XL‘s Political Risk, Credit & Bond (PRCB) business has appointed Gabriel Okolski as Senior Underwriter, Americas. Based in Washington […]
AXA XL's Environmental insurance business rolls out tailored Ecosystem in North America
April 1 2022
To help clients adopt new technology solutions to manage business risks, AXA XL‘s North America Environmental insurance business […]
AXA XL appoints Nancy Bewlay as Chief Executive Reinsurance
March 10 2022
AXA XL today announced Nancy Bewlay has been appointed as Chief Executive Reinsurance with immediate effect. […]
AXA XL's Alternative Capital Team Selects Clearwater Analytics as its Provider for Investment Accounting Services
June 12 2024
Clearwater Analytics (NYSE: CWAN), a leading worldwide provider of SaaS-based investment management, accounting, reporting, and […]
