James Evans

I believe that insurance has a vital role to play in building a better, more resilient society. In a world where risk is increasingly connected and complex, our industry must innovate, collaborate, and lead with purpose. AXA's latest report, "Unlock Sustainable Insurance", showcases how we are committed to harnessing the power of insurance to drive positive change. The publication highlights some key AXA XL initiatives: ✅ The Bahamas’ Debt-for-Nature swap, which we supported by underwriting a first-of-its-kind credit insurance policy to help unlock long-term funding for marine conservation. ✅ The Saksham Project, launched with Plan International India, which empowers underserved youth by providing job-relevant skills and confidence to secure meaningful employment. Access the report to here: https://lnkd.in/eTzQ27xv #Sustainability #Resilience

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Swiss Re's recent report highlights a significant elevation in global insured losses from natural catastrophes, reaching an estimated $80 billion in the first half of 2025. The Palisades and Eaton wildfires in Los Angeles County alone resulted in insured losses of $40 billion, while severe convective storm (SCS) activity contributed another $31 billion in insured losses. The 2025 H1 insured loss total is the second highest on record, rivaled only by 2011’s first six months that saw major earthquakes in New Zealand and Japan. The recent elevated level of catastrophe activity is one reason why prices for property insurance have risen substantially in recent years. It's also a reminder that proactive risk mitigation should be embraced for more resilient structures and to take advantage of insurance discounts. Read more at the link below.   https://lnkd.in/eAirVX7s   #insurance #naturalcatastrophes 

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As Europe charts a path toward long-term competitiveness, the insurance sector stands ready to play a pivotal role as a catalyst for sustainable growth. The recent launch of the Savings and Investments Union (SIU) marks a bold and strategic initiative to unlock capital and drive innovation—an effort aimed squarely at strengthening Europe’s long-term economic resilience. In this context, the revision of the Level 1 Solvency II Directive is a significant step toward realising the ambitions of the SIU. As I recently had the opportunity to highlight in my contribution to the latest Insurance Europe Annual Report, the ongoing Solvency II reform represents a strategic lever for advancing Europe’s economic and investment agenda. The review can empower insurers as long-term institutional investors, boost innovation and support emerging technologies, and channel capital into sustainable infrastructure and alternative assets. However, to fully deliver on the SIU’s potential, Level 2 calibrations must be robust, evidence-based, and free from unnecessary complexity—ensuring that resources are directed toward what truly matters: Europe’s long-term prosperity and global economic leadership. Find out more here: https://lnkd.in/dbT4xkmX

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During my recent visit to Türkiye, I celebrated with AXA Türkiye teams, CEO YAVUZ OLKEN and Andreas Schertzinger the implementation of YaverGPT — named after the Turkish word for “helper or assistant”. This #GenAI platform empowers our teams to make critical decisions.   Today, it starts in three core areas: growth, claims management, and medical underwriting.   1️⃣ Growth: It assesses channel performance and suggests targeted initiatives for our sales teams. For example, a simple question like “Which agencies should I visit today and what should I discuss?” results in a daily list of the top 8 agencies, along with relevant performance metrics.    2️⃣ Claims Management: Claims teams receive instant summaries—including notes on the claim file, coverage status, and indemnity details—streamlining their workflow.    3️⃣ Medical Underwriting: By indexing previous medical histories and doctor notes, YaverGPT enables health teams to make faster, more confident renewal decisions with clear underlying reasoning.    YaverGPT is another example of how #AI & our #datadriven mindset are transforming our business — delivering #faster, #fairer, and #smarter protection.   Tomorrow, this successful AI integration will expand to other scopes, thanks to a robust infrastructure to cohesive teams from AXA Group Operations & the business units. Training our people on AI usages remain a key enabler to deliver our roadmap.    Exciting new goals and journeys lie ahead!    Ege Orer Selçuk Adıgüzel Sanem Çıngay Buçukoğlu Barış Altın Tuba Karataş Arıcan Onur Koçkar Eray Kangal Ozge Yilmazyavuz Zeynep Sepici Ergenç Seda Bora Arkan Can Ulusoy Aylin AKINLI KAYA Emre TANER Hassan El-Shabrawishi    

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The introduction of the Risk-Based Capital (RBC) framework marks a fundamental shift from static solvency margins to risk-sensitive standards, aligning our industry with international best practices. Key implications: 👉Solvency ratios have recalibrated from 295% to 228%, revealing the true risk positions of insurers. 👉Companies with lean capital must reinforce resilience; those with excess reserves must deploy capital more productively. 👉RBC elevates the focus from regulatory compliance to long-term stability, policyholder protection, and strategic growth. While challenges remain — from data and actuarial capacity to system readiness — this transition is an opportunity to strengthen governance, foster innovation, and enhance trust in the industry. RBC is more than a regulatory change. It is a pathway toward resilience, efficiency, and sustainable growth. Note: Please find the attached article for detailed reading.

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