AXA and XL Group announce future branding of their combined operations

Following the announcement of the acquisition of XL Group Ltd by AXA SA on March 5th, the two companies today present a new step in the planning process for combining XL Group operations, AXA Corporate Solutions and AXA Art into the new division of the AXA Group dedicated to large P&C commercial lines and specialty risks following closing of the acquisition.

This new division will be named AXA XL and will operate under the master brand AXA. Its offerings will be identified along three main lines:

- XL Insurance - which will comprise XL Group’s insurance business and AXA Corporate Solutions; and will include XL Art & Lifestyle, the combination of XL Group’s Fine Art and Specie business and AXA Art offerings;

- XL Reinsurance - that will incorporate XL Group’s reinsurance business;

- XL Risk Consulting - that will incorporate AXA Matrix and XL Group’s Property Risk Engineering GAPS.

In addition, XL Group’s primary Lloyd’s syndicate will continue to be known as XL Catlin Syndicate 2003.

Under the AXA brand, the new offerings will present an exciting new proposition to clients and brokers around the world.

This new branding and naming follows the announcement on June 6th that XL Group’s shareholders had approved the agreement for AXA to acquire 100% of XL Group. The closing of the acquisition is expected to be completed during the second half of 2018, subject to customary closing conditions, including the receipt of required regulatory approvals, which remain pending. Until the acquisition closes, XL Group and AXA remain two separate companies.