AXA XL

People think there is no passion in insurance… They’re wrong. Care, determination, motivation, enthusiasm and commitment. All these qualities form the definition of passion and are what make our people our strongest asset. Here’s Daniel Hart, Mark Barker, Michele Ricci and Jeanelle Dawes-Ghee explaining how the passion of our team achieves results for our insureds.

We're committed to understanding new and emerging risks, to better inform our underwriting and service for our clients.   Jonathan Gale, Chief Underwriting Officer at AXA XL Re, and Andrew MacFarlane, Head of Climate at AXA XL, presented the recent collaboration with Cambridge Centre for Risk Studies (CCRS), that looked at 102 disaster case studies to highlight how disaster resilience can be optimised through improving the rigger of building codes and infrastructure. Take a look at our interactive case study map and find out more about our latest research report here 👉🏽 https://lnkd.in/eq_Qn_73

‘Reinsurance is at the heart of everything we do’ As our Reinsurance team gets ready to meet with all of our valued clients and brokers at the Rendez-Vous de Septembre, it’s a great time to ask ‘why is Reinsurance so important?’ Renaud Guidée, CEO of AXA XL Re, and his team are dedicated to highlighting the importance of reinsurance for society, the economy and for your business. We look forward to meeting with you in Monte Carlo!

Melissa Garzon has been appointed as Treaty Underwriter, Reinsurance, Latin America. Melissa will be based in Bogota, Colombia, and will handle treaty underwriting across South America. She will also help grow our Marine offering in the Latin America region. Congratulations, Melissa! #talent

We are pleased to announce the launch of the latest research, in collaboration with the Cambridge Centre for Risk Studies (CCRS), aimed at enhancing disaster preparedness and resilience. 🔬 Our recent studies with CCRS have underscored the critical role that (re)insurance plays in disaster recovery. Our previous report revealed that for every 1% increase in insurance penetration, the speed of disaster recovery improved by 12 months. While an effective disaster recovery program is crucial for societal progress and survival, proactive preparation for catastrophic events is equally important, especially in the face of a changing climate. 🌟 Key Findings from the new report include: ✔ Disaster Preparedness: Our new research focuses on investment in pre-disaster mitigation and the importance of building codes in effective risk management. ✔ FEMA Impact: The study highlights significant savings on property damage due to FEMA's pre-disaster resilience spending in the context of US hurricanes. ✔ Case Comparisons: By comparing Hurricanes Charley (2004), Wilma (2005), and Ian (2022), the research shows that building codes established post-Hurricane Charley have significantly reduced wind damage impacts. ✔ Climate Change Adaptation: As climate change increases the frequency and intensity of catastrophic events, (re)insurers must understand how investment in resilience can mitigate risks and adapt accordingly. Click here to read the full report and previous research: axaxl.com/reriskhub

Underwriters, underwriting and risk – what does the future hold? Matthieu Caillat talked to Insurance Business about the future of the insurance market. In this interview, he discussed today's complex risk environment, the way the industry is responding to new technologies, such as Artificial Intelligence and GenAI, and where the market is likely to go next. Read the article 👉🏽 https://lnkd.in/eH3pBuC7

The (re)insurance industry and the scientific community, has been working hard to understand the effects of a changing climate on societies, businesses and individuals around the world. Despite greater awareness of many of the risks and consequences, there are some lesser understood, climate-change-induced consequences – known as tipping points – that could have devastating and irreversible impacts across the world. Dr. Alec Vessey shares his research on the most severe tipping points, how they can affect populations and what (re)insurance companies can do to keep on top of these risks. Read the full article here 👉🏽 https://lnkd.in/eRSNvPB2

How can reinsurers address today's challenges? In a world that is both highly interconnected and increasingly fragmented, the reinsurance market has a vital role to play in providing reliable and innovative solutions to the risks and challenges its clients face.   Renaud Guidée, CEO of AXA XL Re, believes dialogue and communication across the market and with key stakeholders will be the driving force behind addressing the challenges from a reinsurance perspective.   Read the full article here 👉🏽 https://lnkd.in/eH2aufYE

Closer partnership between insurers and energy providers is key to making the transition happen. That’s one of the conclusions of a new report by Reuters Events with AXA XL. Hear expert views from across the lifecycle of renewable energy assets 👉🏽 https://lnkd.in/eau8veqJ

We're pleased to announce that Raquel Ferreira was appointed Chief Human Resources Officer, Reinsurance. Congratulations, Raquel! #talent