AXA (EPA:CS) - AXA: Scott Gunter is appointed CEO of AXA XL

Transparency directive : regulatory news

20/02/2020 07:07

Press release

Paris, February 20, 2020

Scott Gunter is appointed CEO of AXA XL

AXA announced today the appointment of Scott Gunter, previously Senior Vice
President of Chubb Group and President of Chubb's North America Commercial
Insurance division, as CEO of AXA XL. He will replace Greg Hendrick, who has
decided to pursue other opportunities outside the Group.

Scott will join AXA's Management Committee, reporting to Thomas Buberl, CEO of
AXA.

"I would like to warmly thank Greg for his leadership in managing the
integration of XL over the past two years and building the new AXA XL division,
which is today a solid and well positioned franchise. Greg's contribution has
been instrumental in creating business synergies and ensuring a smooth
transition for our clients and brokers. With the effective consolidation of AXA
Art, AXA Corporate Solutions and XL's activities under one roof, he has laid
the foundation for AXA XL's future success as part of the #1 global commercial
lines insurance platform. I wish himall the best in his future endeavors."

"I am very happy that Scott is joining AXA. Scott brings over 30 years of
experience, a strong track record in commercial insurance, underwriting and
profound knowledge of the North American market. Prior to his last role as
President of Chubb's North America Commercial Insurance division, Scott held
several global positions within Chubb, including Chief Underwriting Officer.
I am convinced that his deep experience and leadership skills coupled with the
highly professional and engaged teams of AXA XL, will be a winning combination
to drive the next phase of AXA XL's development", said Thomas Buberl.

"I am proud of the work done together with our colleagues in creating the new
AXA XL division. As I move on, I am convinced that the expertise, ability to
innovate and customer focus which are at the heart of our DNA will be key
assets in ensuring the continued success of this great platform", commented
Greg Hendrick.

"I am very happy to join the AXA Group and look forward to working with AXA
XL's teams to accelerate its development. Together, we will leverage our unique
position in the market and our recognized expertise to make AXA XL the best
global commercial lines insurance partner for its clients", said Scott
Gunter.

These changes will be effective immediately, subject to any required regulatory
approval.

Biography

Scott Gunter

Scott Gunter holds a bachelor's degree from Wilfrid Laurier University and
graduated from Queen's University (Ontario, Canada) Executive Program. Before
joining AXA, he served as Senior Vice President of Chubb Groupand President of
Chubb's North America Commercial Insurance division. He was previously Chief
Operating Officer, North America Personal Risk Services and Chief Underwriting
Officer of Chubb Commercial Insurance. Scott started his career in 1986 and has
served in a number of positions of increasing responsibility in underwriting
and field management in the US and Canada.

ABOUT THE AXA GROUP

The AXA Group is a worldwide leader in insurance and asset management, with
160,000 employees serving 108 million clients in 57 countries. In 2019, IFRS
revenues amounted to Euro 103.5 billion and underlying earnings to Euro 6.5
billion. AXA had Euro 974 billion in assets under management as of December 31,
2019.

The AXA ordinary share is listed on compartment A of Euronext Paris under the
ticker symbol CS (ISN FR 0000120628 - Bloomberg: CS FP - Reuters: AXAF.PA).
AXA's American Depository Share is also quoted on the OTC QX platform under the
ticker symbol AXAHY.

The AXA Group is included in the main international SRI indexes, such as Dow
Jones Sustainability Index (DJSI) and FTSE4GOOD.

It is a founding member of the UN Environment Programme's Finance Initiative
(UNEP FI) Principles for Sustainable Insurance and a signatory of the UN
Principles for Responsible Investment.

This press release and the regulated information made public by AXA pursuant to
article L. 451-1-2 of the French Monetary and Financial Code and articles 222-1
et seq. of the Autorité des marchés financiers' General Regulation are
available on the AXA Group website (axa.com).

THIS PRESS RELEASE IS AVAILABLE ON THE AXA GROUP WEBSITE axa.com

FOR MORE INFORMATION:
Investor Relations:         +33.1.40.75.48.42
Andrew Wallace-Barnett:     +33.1.40.75.46.85
François Boissin:           +33.1.40.75.39.82
Aayush Poddar:              +33.1.40.75.59.17
Mikaël Malaganne:           +33.1.40.75.73.07
Mathias Schvallinger:       +33.1.40.75.39.20
Alix Sicaud:                +33.1.40.75.56.66

Individual Shareholder Relations:
+33.1.40.75.48.43

Media Relations:            +33.1.40.75.46.74
Julien Parot:               +33.1.40.75.59.80
Farah El Mamoune:           +33.1.40.75.46.68
Jonathan Deslandes:         +33.1.40.75.97.24

Corporate Responsibility strategy:
axa.com/en/about-us/strategy-commitments

SRI ratings:
axa.com/en/investor/sri-ratings-ethical-indexes

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