The merger agreement has been unanimously approved by the boards of AXA and XL Group. AXA XL CEO comments on the merger of the AXA units with XLICSE. AXA Group has inked an acquisition deal to buy XL Group Ltd XL for $15.3 billion in cash. AXA XL announced it has successfully merged AXA Corporate Solutions (ACS) and AXA ART into XL Insurance Co. Of course, time will tell. SE (XLICSE). The merger agreement has been unanimously approved by the boards of AXA and XL Group. “We are extremely pleased to have completed this merger,” said Greg Hendrick, Chief Executive Officer at AXA XL. AXA XL today announced it has successfully merged AXA Corporate Solutions (ACS) and AXA ART into XL Insurance Company SE (XLICSE). The Merger, which was approved by the relevant regulatory authorities including the Central Bank of Ireland and the Irish High Court, became effective on 31 December 2019. AXA announced today that it has entered into an agreement to acquire 100% of XL Group Ltd (NYSE: XL), a leading global Property & Casualty commercial lines insurer and reinsurer with strong presence in North America, Europe, Lloyd's and Asia-Pacific. Given the complementary nature of the product lines brought together by AXA and XL Catlin, there may not be much impact on the XL Catlin panel in the near term. Following the merger, the company established the subsidiary, 'XL America' in Stamford, Connecticut. XL Group approves merger with Axa. AXA to acquire XL Group: Creating the #1 global P&C commercial lines insurance platform Bermuda-based insurer and reinsurer XL Group Ltd.'s shareholders have approved its merger plan with France-based Axa S.A., Bernews reported. Consolidating our legal entities across AXA XL allows us to streamline our processes to the benefit of our clients and brokers. The merger, … What Does the Merger Mean for XL Catlin Panel Counsel Members? 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