AXA XL Names Paul Greensmith as UK CEO for Catlin Underwriting Agencies Ltd and XL Catlin Insurance Company UK Limited

LONDON, England, Sept. 24 -- XL Group, an insurance and reinsurance company, issued the following news release:

AXA XL today announced that Paul Greensmith has been appointed CEO of legal entities: Catlin Underwriting Agencies Ltd and XL Catlin Insurance Company UK Limited, subject to regulatory approvals. He replaces Paul Jardine who, as previously announced, will be leaving XL Catlin later this year.

In this role, Mr. Greensmith will be responsible for developing and delivering the strategy for Catlin Underwriting Agencies Ltd and XL Catlin Insurance Company UK Limited while maintaining their effective operations, in particular ensuring that regulatory responsibilities are met. In addition Mr. Greensmith will be operating as regional Leader, UK in project mode. In this role he is charged with helping define the activities of AXA XL in the UK, as the division takes shape.

Commenting Kelly Lyles, Chief Executive, Client and Country Management at AXA XL said: "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."

Mr. Greensmith started his career at RSA in 1997 as a property underwriter on multinational programmes business. He moved to become the Group Strategy Manager in 2001.

In 2003, Mr Greensmith joined Lloyd's as Manager of its Strategy & Planning Department, a role in which he was significantly involved with the creation of the first Lloyd's franchise business plan and the 2004 strategic review of the Lloyd's market.

Mr. Greensmith re-joined RSA in 2005 as the Strategy & Marketing Director for its UK Commercial ivision, before stepping up to manage the Multinational & Speciality Lines division in 2008. During this period he also had responsibility for the Global Network and UK risk engineering community.

Mr. Greensmith joined Catlin in 2014 as Co-Chief Underwriting Officer for Catlin's London Underwriting Hub. Following the acquisition of Catlin Group Limited by XL Group, Mr. Greensmith was appointed to the role of UK Country Leader and Director of London Market Wholesale in January 2017.

About AXA XL[1]

AXA XL1provides insurance and risk management products and services for mid-sized companies through to large multinationals, and reinsurance solutions to insurance companies globally. We partner with those who move the world forward. To learn more, visit www.axaxl.com

About AXA XL1 Insurance

AXA XL1 Insurance offers property, casualty, professional, financial lines and specialty insurance solutions to mid-sized companies through to large multinationals globally. We partner with those who move the world forward. To learn more, visit www.axaxl.com

Footnote:

1 AXA XL is a division of AXA Group providing products and services through four business groups: AXA XL Insurance, AXA XL Reinsurance, AXA XL Art & Lifestyle and AXA XL Risk Consulting. The integration project related to the activities of AXA Corporate Solutions, AXA Matrix, AXA Art and XL Catlin will be subject to legal and social validations prior to its implementation.