AXA XL

The Credit and Surety sector has demonstrated remarkable resilience amidst recent global shocks, including the pandemic, geopolitical tensions, and tariff increases. Felix Winzap, AXA XL’s Head of Credit & Surety, Global Credit & Surety Reinsurance, notes that despite these challenges, the sector has grown steadily, driven by inflation, economic recovery, and increased bank demand. Market capacity has expanded, with low loss ratios despite some rise in risk activity. Overall, the impact has been manageable. Looking ahead, the sector’s flexibility and regional diversity support a cautiously optimistic outlook, highlighting its ability to adapt and stay stable in a volatile environment. Read the full article here: https://lnkd.in/gbM5rPkC #CreditRisk #Surety #RiskManagement #Reinsurance

🚀 This month’s newsletter is full of valuable insights and exciting news! We explore how insurance is evolving in uncertain times, sharing strategies to build resilience and turn risks into opportunities. Congratulations to miho sato, winner of the AXA Art Prize UK 2025, and to our Americas Cyber Claims team, named Zywave Claims Team of the Year — a well-deserved recognition! 🎉 Discover our latest content on the power of risk, the role of insurance in energy transition, and how to navigate interconnected threats. Plus, get an inside look at AXA XL’s innovative captives, helping clients around the world manage complex risks. Stay ahead of the curve with practical insights to navigate today’s challenging landscape. Read all about it in this month’s edition! #AXA #AXAXL #RiskManagement #InsuranceInnovation #Resilience

Our Science & Natural Perils Team recently hosted our annual market-wide Science Event: "From Massive Cyclones to Tiny Hail: Navigating Event Size, and Climate Tipping Points." During this event, we explored the critical issues surrounding climate change and its impact on weather events of varying scales. 🌍✨ We were privileged to host a series of insightful presentations from our guest speakers, including Dr James Done, Research Scientist at the National Center for Atmospheric Research (NCAR), and Dr. Francesco Battaglioli, Head of Climate Research & Hazard Modelling at the European Severe Storms Laboratory (ESSL). Additionally, our own AXA XL colleagues - Dr. Ioana M. Dima-West, Head of Science & Natural Perils; Dr. Salvatore Iacoletti, Science Lead; and Dr. Alec Vessey, Specialist in Science & Natural Perils - led the discussions, improving our understanding of these important topics. If you missed the event or would like to revisit the discussions, we invite you to watch the recording here: https://lnkd.in/ex9GAdET Join us in continuing the conversation about the science behind climate events and their implications for the future! 🎥🌦️ #ClimateChange #ScienceEvent #NaturalPerils #WeatherEvents #WeAreAXA

We understand that inclusion and diversity (I&D) is critical to employee development. It’s integral to our values and culture, creating a positive experience for our colleagues, clients, brokers, and service providers. And to be sure we are aligned, our colleagues from our global business resource group and I&D team gather once a year to discuss best work practices and how we can progress our inclusive culture here at AXA XL. Ken Kittoe, Head of Inclusion & Diversity, UK & Lloyd’s, shares his insights.

Cyber threat intelligence: Insights from AXA's expert. Here, we share highlights from our Q&A with Mathieu Cousin, AXA's new Cyber Proactive Customer Service Manager. With his expertise in threat anticipation, Mathieu offers valuable perspectives on emerging cyber risks and practical preparation strategies. Full interview: https://lnkd.in/eG5sCGdq #Cybersecurity #ThreatIntelligence #DigitalResilience

The International Maritime Organization (IMO) has set out a target for international shipping to achieve net zero emissions by 2050. Ship owners and managers have for some time been exploring technologies that will help them in their decarbonisation and greenhouse gas emission-reduction efforts. They've been considering the use of wind propulsion amongst other options but will need to explore new fuel and propulsion technologies. The nuclear propulsion of ships is one of the options under consideration. But there are some significant barriers to overcome before nuclear propulsion can become more widely adopted as a means to power ships. Jarek Klimczak, our Chief Risk Consulting Officer for Specialty, shares his insights: https://lnkd.in/eQwXFDWi

The findings from the AXA XL Credit & Surety Survey have sparked important discussions around the evolving landscape of Credit, Surety, and Political Risk. The survey aimed to assess the current state of these markets, providing valuable insights into trends, challenges, and opportunities faced by professionals in the industry. To dive deeper into these insights, we recently held a webinar hosted by Felix Winzap (Head of Credit & Surety Re) and moderated by Alexander Steiner (Senior Underwriter C&S Re). The session featured industry experts such as Michael Bond, Chief Underwriting Officer at Markel Surety; Rodrigo Campos, Underwriting Director at Austral Seguradora; Jörg Stensinski, Director of Group Risk Management at Atradius; and 吴毓卿 Stan (Stan Wu) General Manager of Credit & Surety at Taiping Reinsurance Brokers. During the webinar, our panellists explored critical topics, including navigating geopolitical tensions, seizing new banking opportunities, and the transformative role of AI in risk management. You can catch up on all the valuable insights by watching the recording here: https://lnkd.in/dZgd9rP3 Read the full Credit and Surety Market Survey 2025 here: https://lnkd.in/e8tK3QGa #CreditRisk #Surety #PoliticalRisk #RiskManagement #GeopoliticalTensions #Reinsurance

Insurers will have a critical role to play in the transition to a low-carbon world, using their expertise in managing and transferring risk to give business the confidence it needs to drive change. Our approach of working closely with both established energy companies and emerging climate-tech firms demonstrates how insurers can accelerate decarbonization through strategic partnership and early-stage risk engineering. Sean McGovern, Vicky Roberts-Mills and London GreenCity's Laith Anezi share more in this article: https://lnkd.in/dp5x7RrG #EnergyTransition #InsuranceInnovation #Sustainability #Facingintorisk

Climate change, geopolitical instability, and cyber risk are the top-ranked threats facing clients around the world, according to the 2024 AXA Future Risks Report. Insurers are adopting a forward-looking approach to understand how these risks are linked and may evolve to support risk managers in their efforts to enhance resilience and adaptability. Noel Richardson explains. Read the full article here: https://lnkd.in/edYPWmmi

The maritime industry stands at a critical inflection point as it grapples with the evolving risk landscape and future challenges that brings. Shipowners must explore alternative fuels and adjust to the impact of geopolitical shifts on supply chains and shipping routes. Meanwhile, AI and sensors are revolutionizing cargo management. Tomorrow’s workforce will need both traditional seamanship and cutting-edge tech skills as Anthony Lamb explains. Read the full article here: https://lnkd.in/eG5YScny