AXA XL

Europe’s energy system is undergoing profound change. In this FT Partner Content video, AXA XL's Vicky Roberts-Mills shares why understanding and managing risk is critical to unlocking the future of energy. As electricity demand continues to grow, she explains the need for a diverse energy mix and the importance of reducing risk to attract the investment needed to build a more resilient energy system. As insurers, our role extends beyond providing capacity. By bringing risk expertise earlier into projects, we can help clients make more informed decisions, build resilience into critical infrastructure, and give investors the confidence needed to support the energy system of the future. More from this series on Financial Times's website: https://lnkd.in/dQSU6S3A

Geopolitical tension, climate volatility, artificial intelligence and energy transition have changed how risk emerges and propagates. The challenge is now ensuring organisations can keep making informed decisions when the systems they depend on come under pressure. In this article, Julien Guénot and Kai Kuklinski discuss why governing interconnectedness is one of Europe's defining challenges, and why preserving the capacity to act is becoming the ultimate measure of resilience. Read the article below.

Anne Marie Elder, our Global Chief Underwriting Officer for Specialty, has over 30 years of experience in maritime insurance, and she has seen firsthand how uncertainty is an inherent part of the industry—whether it’s weather, supply chains, or emerging technologies. What truly matters is understanding these risks well enough to help clients move forward. In this article, she shares key lessons on resilience, collaboration, and expertise, highlighting how insurance can be a vital partner in navigating change, from innovative vessel designs to new energy sources. "I see resilience as a competitive advantage, not simply a compliance exercise," she notes. Read her article below.

We rarely ask what insurance makes possible. We ask what it costs. In his latest article, Xavier Veyry, CEO for APAC & Europe, argues that beneath Europe's well-documented protection gap lies a quieter challenge: the confidence gap. The distance between an investment that appears strategically attractive and the level of confidence a board needs to commit capital. As Europe seeks to build capabilities in clean energy, semiconductors, digital infrastructure and defence, uncertainty is not simply a risk to be managed after the fact. It is a force that can delay, reduce, or redirect investment before a single decision is made. Risk insight, mitigation, and risk transfer have a role to play earlier in that process, while major investments are still being shaped, not after capital has been committed. Europe will not become more competitive because uncertainty disappears. It will become more competitive by investing despite it. Read below for perspectives on what that means in practice.

In a rapidly changing risk environment, better data and closer dialogue are vital for navigating rising loss volatility. Europe’s commercial insurance market remains stable, supported by healthy capacity and expertise. But shifting weather patterns, AI advancements, and geopolitical fragmentation introduce new uncertainties, making high-quality risk data and ongoing collaboration more important than ever. Market conditions are evolving. Property, casualty, cyber, and specialty lines face new volatility. Climate extremes are testing resilience, while AI and digital risks reshape exposure profiles. To stay ahead, risk managers must leverage advanced data, foster continuous dialogue, and integrate insights across disciplines. Adias Gerbaud, Chief Underwriting Officer for APAC and Europe, emphasizes that fostering continuous dialogue and leveraging better data are key to navigating this complex future. Read the full article below.

In a world of polycrisis, the ability to predict is the new competitive advantage. I had the pleasure of talking to #FERMA TV during this years #FERMA Forum to share my perspective on what it takes to navigate todays interconnected risk landscape. ▶️ Read more: https://lnkd.in/eAG6HDUR #AXAXL #FERMAForum2026