axa xl cfo

published at 7:00 AM CET AXA announced today the appointment of Scott Gunter, previously Senior Vice President of Chubb Group and President of Chubb’s North America Commercial Insurance division, as … Rainer was previously Group Finance Controller at AXA Group, a … Rainer was previously Group Finance Controller at AXA Group, a role he held since 2015. He previously held the role of Head of North America Property & Casualty (P&C), which included Professional insurance lines for AXA XL. Today, I am proud to announce the new branding of AXA and XL operations: upon closing of the acquisition of the XL Group, AXA XL will combine our P&C commercial lines and specialty risks into a new entity of the AXA Group. % of people found this article valuable. Between 2012 and 2015, Rainer held the role of CFO at AXA Corporate Solutions, after a short spell as Senior Vice President BSD for Japan & Asia-Pacific at AXA Group. He will replace Greg Hendrick, who has decided to pursue other opportunities outside the Group. Karen le Duc is appointed Chief Human Resources Officer, having previously held a number of senior roles on the EXCOM for AXA Liabilities Managers. Nancy joined C.V. Starr & Company in 2006 as Manager of the East Coast offices and continued her tenure with advancing responsibilities and roles; including Executive Vice President & Director of Field Operations. He will replace Greg Hendrick, who has decided to pursue other opportunities outside the group. Nancy joined XL Catlin in 2017 as the Global Chief Underwriting Officer for Casualty. Before joining Winterthur, Rainer had worked as a research assistant while completing a PhD in Accounting at the University of St. Gallen in Switzerland. AXA announced today the appointment of Scott Gunter, previously Senior Vice President of Chubb Group and President of Chubb’s North America Commercial Insurance division, as CEO of AXA XL. Mr. Etienne Bouas-Laurent, Group Chief Financial Officer. Robert Martin Please tell us what we can do to improve this article. Prior, he was Chief Executive of Bermuda Reinsurance for XL Catlin. He previously held the role of Global Head of Claims, following a promotion at XL Catlin in 2018. Robert Martin. Rainer joined AXA in 2006, after it acquired Winterthur Group, the insurance division of Credit Suisse. “This is a positive step forward for AXA XL and I strongly believe that this new Leadership Team will ensure we are the insurance partner of choice across business lines and around the world.”. Before joining AXA Liabilities Managers, Karen had spent three years in other Programme management roles within the Group. By continuing to use our site, you accept our revised Privacy Policy. He had previously joined Winterthur as Assistant Vice President Accounting Policy Group in 2002. The three geographical Business Units will be led by CEOs, who would be responsible for the balance sheets of their geographies and managing talent. Matthieu Caillat is Chief Operating Officer at AXA XL. AXA XL announced a new leadership team and proposed changes to the operating model of its Insurance business following a strategic review. Following today’s announcement, he will also lead Data & Analytics. (RTTNews) - French insurer Axa SA (AXAHY.PK) announced Thursday the appointment of Scott Gunter as CEO of AXA XL. Between 2012 and 2015, Rainer held the role of CFO at AXA Corporate Solutions, after a short spell as Senior Vice President BSD for Japan & Asia-Pacific at AXA Group. * In line with usual practise, the proposed changes affecting European entities, will be subject to consultation with employee representative bodies. 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Between 2010 and 2015, Matthieu had been acting as Managing Director and then CEO of AXA Corporate Solutions UK and AXA Matrix UK, based in London. Specialty risk firm AXA XL, a subsidiary of global insurer AXA, announced this week that it has appointed Xavier Veyry, the country CEO of AXA China, to head its Asia and Europe operations. Nancy Bewlay is Chief Underwriting Officer for AXA XL, as announced today. He began his career with AIG and Zurich North America in New York, writing International Primary Casualty business. Rainer was previously Group Finance Controller at AXA Group, a … In 2016, the company wrote $13.890 billion in gross premiums, of which 69% was insurance, 29% was reinsurance, and 2% was other. Brent joined XL Group in 2014 and previously held the positions of Global Practice Leader – Casualty Claims and General Counsel – Global Claims, with a place on the Claims Leadership Team. The three geographical Business Units will be led by CEOs, who would be responsible for the balance sheets of their geographies and managing talent.*. Prior to joining XL Group, Brent was with The Hartford for more than 12 years, where he held various in-house attorney positions in addition to a Vice President role in the company's Claims Department, with responsibility for managing claim groups in the US and UK. He transitioned to reinsurance when he joined XL Reinsurance America, Inc. in Stamford, Connecticut, in 2000 as an Assistant Vice President and Corporate Planning Analyst. Before 2011, he had spent five years at AXA Germany, where he undertook various senior roles, including Head of Financial Planning and Analysis, Controller, and CFO of a specialized life entity. The regional structure would mean decisions can be made faster in country, while the global functions would mean our clients and brokers continue to benefit from our global expertise and experience. He will replace Greg Hendrick, who has … “This Leadership Team is an international, highly experienced team of individuals: around half the team have a background at legacy XL Catlin, while the other half bring diverse and valuable experience from across the AXA Group. Prior to this position, Joe served as President and Head of XL Group’s North America Property business and XL Global Asset Protection Services (XL GAPS), XL Group’s loss prevention consulting firm. Brent started his career in private practice, working at both Bingham McCutchen LLP and Saul Ewing LLP. Rainer was previously Group Finance Controller at AXA Group, a role he held since 2015. Veyry will report to Scott Gunter, CEO of AXA XL, according to a press release by the global insurance provider. Matthieu Caillat, Chief Operating Officer The CEO of AXA on Thursday expressed confidence in the French insurer's company-focused XL Group after the business reported a loss in the … We want to continue to serve our clients and brokers to the very best of our ability while being a simpler organisation to navigate. Joe joined XL Group in 2011 from Zurich Financial Services, where he led the North America Property group, Global Corporate Business Unit. Under the changes, some Axa XL … AXA announced the appointment of Scott Gunter as chief executive officer of AXA XL. Global Insurance Professionals. Rainer was previously Group Finance Controller at AXA Group, a … The appointment is part of an overhaul of its leadership structure which will see the leaders of geographical business units joining the leadership team. Sean McGovern, General Counsel Thank you! AXA XL is a leading provider of P&C global commercial insurance offering insurance and reinsurance to enterprises of every kind and size. For more detailed information on the cookies used for this website, you can read our Cookie Policy. The capital will be redeployed internally from AXA, the CFO explained, and will not affect the company’s overall solvency. He had previously worked in Germany for companies including Bain & Company and Lazard & Co Ltd. AXA XL, as a controller, uses cookies to provide its service, improve user experience, measure audience engagement, and interact with users’ social network accounts. London - United Kingdom - February 20, 2020. Notes to Editor: Nancy Bewlay, Chief Underwriting Officer Please tell us what you liked about it. Rainer Schoellhammer was appointed Chief Financial Officer (CFO) for AXA XL in 2019. He was previously group finance controller at AXA Group, a role he held since 2015. With AXA XL's global footprint, culture of service and unparalleled expertise, we'll be there for you -wherever and whenever you need us. “AXA XL is the result of acquisitions and mergers and with our increased scale, now is the time to optimize our structure by striking the right balance between local and global decision making so we remain agile and flexible,” said Scott Gunter, AXA XL CEO. Having started his insurance career at the company in 2003, Matthieu worked his way up through the organization, holding positions in the Specialty Markets Division, including in risk modelling, portfolio management and business development. Prior to his current role, Matthieu had worked in Paris since 2015 as Deputy Global Chief Underwriting Officer at AXA Corporate Solutions (ACS), before also becoming CEO - France at ACS in 2016. Get the insurance industry's trusted newsletter, Your email address will not be published. Joseph Tocco, Chief Executive Officer, Americas, Scott Gunter, Interim Chief Executive Officer, Eurasia, Sean McGovern, Interim Chief Executive Officer, UK & Lloyd’s market, Charles Cooper, Chief Executive Officer, Reinsurance, Karen le Duc, Chief Human Resources Officer, Matthieu Caillat, Chief Operating Officer, Rainer Schoellhammer, Chief Financial Officer. AXA reported its nine-months 2020 results yesterday and the re/insurers CFO revealed that a recapitalisation of its AXA XL unit is planned, so that it can take advantage of rising reinsurance prices. Mr. Veyry is currently Country CEO of AXA China and Chairman of AXA Tianping in China and AXA General Insurance in Korea. Charles has more than 20 years of experience in the industry. Prior, Joe served as Chief Executive of the Americas region for XL Catlin. The team at AXA XL, led by Chief Executive Officer (CEO) Scott Gunter, is looking to capitalise on rising prices in the current hardening market environment, in an effort to both enhance and increase the underwriting performance of the business, according to Thomas Buberl, CEO of AXA. We won't set optional cookies unless you enable them. He joined AXA in 1994 and has held several posts during his time with the Group, notably Chief Financial Officer (CFO) of several operating entities (AXA Germany, AXA Belgium, AXA Bank Europe), CFO of the Northern Europe and CEE Region and of the Life and Health operations worldwide, Group Head of Corporate Finance and Treasury, Group Head of Life, Savings & Health Insurance and Risk Management. In this role he is responsible for defining and ensuring application of the risk strategy and associated framework, governance, processes and appetites across AXA XL. Global reach, local empowerment - Our Claims professionals deliver uncompromisingly high levels of service and are positioned to manage covered claims in more than 200 countries and territories. He has led the Operations & Technology function at AXA XL since 2018. The Underwriting Function will be led by a global chief underwriting officer (CUO), who will be working to design the structure of the proposed new model,said AXA XL in a statement. Oversee XL Catlin's P&C Insurance and Reinsurance Business Finance and Group Planning functions. Prior, Nancy joined Swiss Re in 2013 as Head of Underwriting for Casualty, responsible for the underwriting and actuarial treaty teams in the US and Canada. The CUO would be responsible for underwriting governance, pricing, P&L and the management of the global heads of business lines in order to define and drive product strategy. “We want to continue to serve our clients and brokers to the very best of our ability while being a simpler organization to navigate. ... Vice President, Finance at AXA XL, a division of AXA. Rainer was previously Group Finance Controller at AXA Group, a role he held since 2015. In 2002, he was appointed a Director and Lloyd’s General Counsel, with global responsibility for Lloyd's legal, regulatory and Government affairs globally. AXA XL today announced a new Leadership Team and proposed changes to the operating model of its Insurance business following a strategic review. AXA XL has announced that Xavier Veyry has been appointed as CEO Asia & Europe. * AXA XL confirmed that the proposed changes affecting European entities, will be subject to consultation with employee representative bodies. 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