AXA XL Risk Digest
Welcome to the AXA XL Digest, our dedicated LinkedIn newsletter. Each month, we’ll bring you industry insights and expert perspectives to help keep our clients and brokers informed about the latest trends in risk management and insurance.
Read on for expert commentary, industry highlights, and important updates from AXA XL and beyond.
SPOTLIGHT
Facing the future: How embracing the emerging risks can drive innovation and growth
In a fast-changing world, integrated risk management is vital.
We are proud to be featured in The Economist, highlighting the evolving landscape of risk management. Global challenges such as climate change, geopolitical instability, and cybersecurity threats are increasingly interconnected, exacerbating one another. A recent working paper found that a 1°C rise in global temperatures could lead to a 12% decline in long-term GDP. Despite this alarming evidence, the IMF warns that financial markets are not fully accounting for the risks posed by climate change, increasing the potential for economic shocks.
Read the full article here
RIMS RISKWORLD, Chicago
Heading to RIMS RISKWORLD, May 4-7 in Chicago? We hope to see you there.
We’re looking forward to meeting with our clients and brokers, discussing the current industry challenges and finding solutions to changing risks. Reach out to our AXA XL team. We’d love to meet up! Stop by booth #531.
The BIBA Conference 2025
We are looking for to attending the BIBA Conference 2025! Visit us at stand E40, where our dedicated broker management team, mid-market specialists, and regional underwriters will be available to discuss how we can best support you and your clients.
Learn more about AXA XL’s Property Insurance offering
AXA XL takes a personalized approach to property coverage. It’s all about partnerships. And it starts with listening. We develop tailored property solutions, and are confident that our property offering will provide the necessary risk transfer and loss prevention solutions that will enable companies to pursue growth strategies and fulfil business ambitions.
AXA XL Nominated for 2025 Zywave Cyber Risk Awards
We're excited to announce that AXA XL has received nominations for the prestigious 2025 Zywave Cyber Risk Awards in three categories: Cyber Claims Team of the Year, Cyber Insurer of the Year, and Michelle Chia for Cyber Risk Industry Person of the Year – The Americas.
This recognition highlights the dedication of our Cyber Underwriting and Claims teams, who prioritize personalized client service and bring extensive expertise to the table.
Zywave’s Cyber Risk Awards are a “People’s Choice” event, meaning you have the power to help us win! We kindly invite you to vote for AXA XL and show your support.
Voting is open until May 23rd, so don’t miss your chance to make your voice heard!
Thank you for your continued support! Read more here
#CyberRiskAwards2025
Geopolitical Turmoil: Building Resilience to Political Violence
In today's polycrisis era, businesses face increased vulnerabilities from geopolitical fractures and political violence. Understanding the distinction between political risks—regulatory changes—and political violence, such as riots and terrorism, is crucial for effective insurance coverage. Adapting risk management strategies is essential for resilience.
Catching the Captive Wave
The captive insurance market is experiencing steady growth as traditional insurance challenges persist. While recent explosive growth is stabilizing, industry engagement remains high. Captives are increasingly viewed as essential in risk management, appealing to both mature clients and upper-middle-market companies exploring various captive options.
Generative AI: An Insurer’s Perspective
The rise of generative AI is transforming industries by enhancing efficiency and automating processes. However, its rapid adoption also poses challenges, including data security vulnerabilities, regulatory issues, and reputational risks. Companies must prioritize responsible and sustainable use of AI to harness its full potential.
Product recall in the life sciences industry; response matters
Product recalls represent a significant risk in the life sciences sector. Standalone product recall insurance and crisis management expertise can support mid-sized companies in navigating these challenges. With the UK government promoting high-value manufacturing, effective recall strategies are crucial for maintaining brand loyalty and reputation.
UK, Europe & APAC
This summary does not constitute an offer, solicitation or advertisement in any jurisdiction, nor is it intended as a description of any products or services of AXA XL. The information contained herein is intended for informational purposes only. Insurance coverage in any case will depend upon the type of policy in effect, the terms, conditions and exclusions in any such policy, and the facts of each unique situation. No representation is made that any specific insurance would apply in the circumstances outlined herein. Please refer to the individual policy forms for specific coverage details.
US & Canada
The information contained herein is intended for informational purposes only. Insurance coverage in any particular case will depend upon the type of policy in effect, the terms, conditions and exclusions in any such policy, and the facts of each unique situation. No representation is made that any specific insurance coverage would apply in the circumstances outlined herein. Please refer to the individual policy forms for specific coverage details. This summary does not constitute an offer, solicitation or advertisement in any jurisdiction, nor is it intended as a description of any products or services of AXA XL. AXA XL is a division of AXA Group providing products and services through three business groups:
AXA XL Insurance, AXA XL Reinsurance and AXA XL Risk Consulting. In the US, the AXA XL insurance companies are: AXA XL Insurance Company Americas, Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance America, Inc., XL Specialty Insurance Company and T.H.E. Insurance Company. In Canada, insurance coverages are underwritten by XL Specialty Insurance Company - Canadian Branch. In Bermuda, the insurance company is XL Bermuda Ltd. Coverages may also be underwritten by Lloyd’s Syndicate #2003. Coverages underwritten by Lloyd’s Syndicate #2003 are placed on behalf of the member of Syndicate #2003 by Catlin Canada Inc. Lloyd’s ratings are independent of AXA Group. Not all of the insurers do business in all jurisdictions nor is coverage available in all jurisdictions.
AXA, the AXA and XL logos are trademarks of AXA SA or its affiliates. © 2024. Information accurate as of April 2025.