24 September 2018News

AXA XL appoints CEO of subsidiaries

AXA XL has announced that Paul Greensmith has been appointed chief executive officer of Catlin Underwriting Agencies and XL Catlin Insurance Company UK, subject to regulatory approvals.

He replaces Paul Jardine who will be leaving XL Catlin later this year. Greensmith will be responsible for developing and delivering the strategy for the two subsidiaries while maintaining their effective operations, in particular ensuring that regulatory responsibilities are met.

In addition Greensmith will be operating as regional Leader, UK in project mode and will help define the activities of AXA XL in the UK, as the division takes shape.

“Paul has a proven track record and the ability to balance both the long-term strategic view with the day-to-day requirements needed to fulfil the role of CEO for these entities,” said Kelly Lyles, chief executive, client and country management at AXA XL.

Greensmith joined Catlin in 2014 as co-chief underwriting officer for Catlin’s London Underwriting Hub.  Following the acquisition of Catlin Group by XL Group, Greensmith was appointed to the role of UK country leader and director of London market wholesale in January 2017.




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More on this story

News
13 September 2018   AXA announced that it has completed the acquisition of XL Group following the fulfilment of customary closing conditions, including approval by XL Group shareholders and all necessary regulatory approvals.
News
26 September 2018   AXA XL has announced two senior promotions within its excess casualty insurance business.
News
20 November 2018   AXA XL's reinsurance operation has announced that it has bought up all of the third party ownership interests in its majority-owned asset management affiliate, New Ocean Capital Management.