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AXA XL appoints chief underwriting officer for subsidiary

AXA XL appoints chief underwriting officer for subsidiary | Insurance Business

AXA XL appoints chief underwriting officer for subsidiary

Paul-Henri Rastoul, who has been with AXA Group since 1992, has a new post to take on.

Appointed as chief underwriting officer of XL Insurance Company SE (XLICSE), Rastoul will be in charge of developing core underwriting strategies and optimising product offering and profitability for the AXA XL unit. As part of his appointment, the new CUO is also joining AXA XL’s international property & casualty (P&C) leadership team.  

Rastoul’s previous positions include president director of PT Asuransi AXA Indonesia; chief technical officer and executive committee member, AXA Spain; group head of commercial lines and reinsurance regional director, AXA Global P&C; chief underwriter and chief claims officer, AXA France; and senior vice president & chief underwriter, AXA Asia Regional.

The company stalwart, who will be based in Dublin this time around, most recently served as president director at Mandiri AXA General Insurance and commissioner at AXA Mandiri Financial Services.

“Paul-Henri’s impressive track record and reputation for delivery ideally positions him for this new role,” commented XLICSE chief executive Jason Harris. “I am delighted to welcome him to the XLICSE leadership team; his extensive underwriting and management experience will be a tremendous asset in helping us to achieve our goals.”

XLICSE provides insurance within Europe and Asia. It is a wholly owned subsidiary within AXA XL, the P&C and specialty risk division of the Paris-headquartered insurance group.