AXA XL Appoints Marine Charbonnier as APAC and Europe Captive Head

AXA XL has appointed Marine Charbonnier as head of captives and facultative underwriting, Asia-Pacific (APAC) and Europe.

Ms. Charbonnier will lead AXA XL's captive business for the company's APAC & Europe Business Unit. She will work closely with AXA XL's underwriting teams to support existing and new captive programs for clients in Europe, Asia, and Australia.

Ms. Charbonnier will also be responsible for implementing AXA XL's outward facultative underwriting strategy for the APAC & Europe Business Unit, supporting local underwriters.

"Interest in captives has risen sharply over the last three years, with our clients either owning, growing or looking to open a captive," Etienne Champion, chief underwriting officer, APAC & Europe at AXA XL, said in a statement. "They are a strategic risk management tool for our clients and an area of growth for our business."

Ms. Charbonnier previously served as global program 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 (ART) in 2018.

Prior to working for AXA, Ms. Charbonnier spent more than 20 years at Gras Savoye, where she held various strategic roles in captives and ART.

"Marine is a seasoned insurance professional with extensive knowledge in captive management," Mr. Champion said. "She is recognized for her expertise in Europe and beyond, and expanding her role to APAC means our Asia and Australia clients will benefit from additional resources and capabilities for managing their complex risks."