AXA XL bolsters US structured risk solutions unit with AIG hire

AXA XL, the property & casualty and specialty risk division of AXA, has named Austin Su as US underwriting lead of its structured risk solutions (SRS) business.

Su joins AXA XL from AIG where he held key positions in alternative risk business, country commercial lines leadership, and multinational & captive programmes. He has 20 years of experience in the insurance industry.

Based in New York, Su joins SRS' global alternative risk transfer business and will focus on developing structured re/insurance for AXA XL's captives and large corporate clients.

AXA XL's SRS team underwrites non-traditional insurance and reinsurance solutions for corporate clients and captives, providing clients with customised solutions across all lines of business, globally.

Robert Turner, global head of SRS, said: "Our clients continue to look for new, innovative risk management solutions to address their changing business exposures. We're excited to build out our underwriting capabilities in the US with talent like Austin. His decades of experience will be invaluable to our corporate and captive clients seeking to develop custom-made risk transfer solutions to help them achieve their strategic objectives."

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