AXA XL
AXA XL, the new division of AXA Group, combines XL Group operations, AXA Corporate Solutions and AXA Art, to provide property, casualty and specialty risk insurance and risk management products and services for mid-sized companies through to multinationals, and reinsurance solutions to insurance companies globally. We partner with those who move the world forward. To learn more, visit www.axaxl.com
All content by AXA XL
Cyber claim trends: When law firms are the target
Even as insurers are tallying the most recent cyber attacks, underwriters are estimating the next Wannacry attack could be a $2.5 billion hit to insurers. This article sheds light on the latest cyber claims trends and why law firms are increasingly becoming the focus of ransomware attacks.
Insuring against disasters - Florida's forgotten risk
When the last significant hurricane hit Florida, damage to pool screen enclosures accounted for 25% - 40% of the insurance losses. In this article, Wade Stier, Vice President and Underwriter of U.S. Property Treaty Reinsurance at XL Catlin, looks at this significant risk for insurers and reinsurers.
Upfront property loss prevention strategies save money and time later
With fire protection systems becoming more complex in design, it is important that plan reviews of complex engineering projects be conducted by Property Loss Prevention Specialists prior to the commencement of any installation.
Building a Customer-Focused Business
In June, XL Catlin’s North America Construction insurance business hit a major milestone – it surpassed its USD 2 billion gross written premium mark. In other words, in its six and a half years of existence, this dedicated team underwrote USD 2 billion of multiline insurance coverages exclusively…
Emerging risks report
This two page quarterly report provides key highlights and developments for the emerging risks that have recently generated notable activity and media attention. Topics covered: Artificial Intelligence risks and opportunities; InsurTech; autonomous shipping.
Redeveloping the urban core
With a preference for urban core working and living, America’s millennial demographic is causing us to rethink how we live and work. This article looks at the challenges associated with redeveloping brownfield sites into liveable, workable spaces and the role insurers can play in covering exposures.
Asset managers: Are operational risks keeping you awake at night?
Asset managers are facing new operational risks relating to technology and the increased amount of data collected and stored. This article highlights how asset managers can mitigate against new operational risks by having a strong risk control framework in place and a targeted insurance policy.
Don’t let a storm blow away your profits this hurricane season
Protecting the bottom line in order to remain open, or to re open quickly after a hurricane disaster requires taking steps now to prevent or reduce damage, should your business be in the path of a violent storm. This article provides advice to businesses and shares links to external resources.
Insuring thrills, chills and spills
This year, over 300 million people in the US will visit an amusement park, traveling carnival or other entertainment venue. This article sheds light on the potential risks associated with amusements, the importance of equipment inspections and how advances in technology are improving safety.
Déjà vu: Today’s geopolitical risks look familiar
The world is experiencing significant geopolitical instability amid swift technological and social change. This short blog highlights how political risk, credit and bond insurance is ideally positioned to play a crucial role in enabling growth opportunities and supporting crossborder trade.