AXA XL appoints new Head of Marine, UK & Lloyd’s and Global Chief Underwriting Officer for Hull

London - March 25, 2026

AXA XL has today appointed Michael Reynolds as Head of Marine, UK & Lloyds and Global Chief Underwriting Officer for Hull. Based in London, he starts his role in Q3 2026.

Mr. Reynolds will be responsible for developing, executing and managing the underwriting strategy for the UK & Lloyd’s Marine business as well as setting and overseeing the strategy for the Global Hull book of business.

Commenting on his appointment, Louise Nevill, Chief Underwriting Officer Specialty, UK & Lloyd’s at AXA XL said: “Michael is an experienced leader, with technical acumen and the strategic and operational skills to ensure thoughtful and profitable growth across our marine business. He is very well thought of in the market, we look forward to him joining and further enhancing the high-quality products and services we offer to clients and brokers.”

Neil Cole, Global Chief Underwriting Officer, Marine at AXA XL added: “The International Union of Marine Insurance Stats Report for 2025 valued hull premiums at USD9.67 billion in 2024, up by 3.5% on the previous year continuing an unbroken growth trend since 2021. However, it isn’t without its challenging dynamics, ranging from larger vessel sizes, the transition to net-zero and exposure to high-risk zones. Mike’s experience positions him well to ensure our global hull products align to our clients changing needs.”

Mr. Reynolds has over forty years London market experience in both underwriting and broking roles. He joins AXA XL from Lockton where he was Partner, Head of Marine for London and Member of Global Marine Executive. Prior to Lockton he was Deputy Head of Marine at Chubb. He has also held roles at ACE, The Navigators Group, Cigna and Commercial Union.

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ABOUT AXA XL

AXA XL provides insurance and risk management products and service for mid-sized companies through to large multinationals, and reinsurance solutions to insurance companies globally. We partner with those who move the XL, the property & casualty and specialty risk division of AXA, provides insurance and risk management products and services for mid world forward. To learn more, visit www.axaxl.com

ABOUT AXA XL INSURANCE

AXA XL 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