AXA XL - Company Profile
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AXA XL (AXA XL), a division of AXA SA, is a property and casualty insurance and reinsurance company. The company offers a wide range of insurance products, including property, casualty, environmental liability, professional liability, and specialty lines such as marine, energy, and aviation. AXA XL is known for its innovative solutions, including endorsements for Cyber insurance addressing Generative Artificial Intelligence risks and products supporting energy transition and conservation projects. Its services cater to industrial, commercial, and professional firms, as well as insurance companies worldwide. The company primarily distributes its products through a network of international, national, and regional brokers, supported by client and country management teams. The company operates in the Americas, Asia Pacific, Europe, the Middle East and Africa (EMEA). AXA XL is headquartered in Hamilton, Bermuda.
Headquarters
Bermuda
Address
O'Hara House, One Bermudiana Road, Hamilton, HM08
Website
axaxl.com
Telephone
1 441 2947290
No of Employees
10,273
Industry
Financial Services
Revenue (2024)
$21.0B
Products and Services
| Products | Brands |
|---|---|
| Insurance | AXA XL |
| Property Insurance | |
| Cyber Insurance | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In August, the company partnered with U.S. Marine Insurance Group to increase the availability of inland marine insurance. |
| 2024 | Divestiture | In April, the company sold Global Ag Insurance Services to Farmers Mutual Hail Insurance Company of Iowa. |
| 2023 | New Products/Services | In July, the company introduced carbon emissions products to serve marine clients in the UK in partnership with ClimateSeed. |
Competitor Comparison
| Key Parameters | AXA XL | Arch Capital Group Ltd | RenaissanceRe Holdings Ltd | Hiscox Ltd | Aspen Insurance Holdings Ltd |
|---|---|---|---|---|---|
| Headquarters | Bermuda | Bermuda | Bermuda | Bermuda | Bermuda |
| City | Hamilton | Pembroke | Pembroke | Pembroke | Hamilton |
| No. of Employees | 10,273 | 8,000 | 1,040 | 3,000 | 1,128 |
| Entity Type | Private | Public | Public | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Scott Gunter | Chief Executive Officer | Senior Management | 2020 | - |
| Rainer Schoellhammer | Chief Financial Officer | Senior Management | - | - |
| Matthieu Caillat | Chief Operating Officer | Senior Management | 2020 | - |
| Noel Richardson | Chief Risk Officer | Senior Management | 2020 | - |
| Libby Benet | Global Chief Underwriting Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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