Press Release - JULY 02, 2019
Axa CEO Discusses the Acquisition of XL and His Vision for the Company in July Best’s Review
| ||Patricia Vowinkel|
Executive Editor, Best’s Review
+1 908 439 2200, ext. 5540
FOR IMMEDIATE RELEASE
OLDWICK - JULY 02, 2019
In July, Best’s Review’s annual Leaders Issue features an interview with Axa CEO Thomas Buberl, who reshaped the Paris-based insurer from a life/savings company to a property/casualty insurer with the acquisition of XL, while simultaneously reinventing himself.
Also in this issue:
- “A Perfect Storm” reports on what’s fueling the record-high merger and acquisition activity in the broker sector and how it will impact the industry, with enhanced services for insurers and potentially higher premiums for insureds.
- The annual “Top Global Insurance Brokers” ranking shows how recent mergers and acquisitions have transformed the insurance market landscape, with a new lineup in the top five companies and a debut in the top 20, based on 2018 total revenue.
- “Standing the Test of Time” lists property/casualty and life/health insurers that have maintained a Best’s Financial Strength Rating of A or higher for at least 50 years and at least 75 years. A 120-year-old fire and casualty insurer joins the 75-year list.
Full access to the complete content of Best’s Review is available at www.bestreview.com .
AM Best is a trusted source of insurance market insight and data, and the only global credit rating agency with a unique focus on the insurance industry. Best’s Credit Ratings are a recognized indicator of insurer financial strength and creditworthiness.