AXA XL Insurance has appointed Marine Charbonnier as head of captives and facultative underwriting, APAC and Europe. Charbonnier will lead AXA XL’s captive business for the APAC and Europe business unit, working closely with the company’s underwriting teams to support existing and new captive programmes for clients in Europe, Asia and Australia. She will also be responsible for implementing AXA XL’s outwards facultative underwriting strategy for the business unit, supporting local underwriters. Charbonnier was previously global programmes and captives regional director for Europe at AXA XL. She joined AXA in 2013 as head of risk financing solutions, and was promoted to head of integrated solutions Alternative Risk Transfer (A.R.T.) in 2018. Etienne Champion, chief underwriting officer, APAC & Europe at AXA XL, says: “Interest in captives has risen sharply over the last three years, with our clients either owning, growing or looking to open a captive. They are a strategic risk management tool for our clients and an area of growth for our business. “Marine is a seasoned insurance professional with extensive knowledge in captive management. Expanding her role to APAC means our Asia and Australia clients will benefit from additional resources and capabilities for managing their complex risks.”
