G.A.P. Vassilopoulos is a Lloyds’ Coverholder for a number of Lloyd’s Syndicates - one of them being XL Catlin (a leading global Property & Casualty commercial lines insurer and reinsurer with strong presence in North America, Europe, and Asia) since 2005. Following the recent acquisition of XL Group by AXA which took place in October 2018; AXA XL is now represented by G.A.P. Vassilopoulos Group here in Cyprus.
AXA XL's core operating insurance and reinsurance companies have one or more of the following financial strength ratings: AM Best A+, S&P AA-, Fitch AA-, Moody’s A1.
The strong complementarities between AXA and XL Group provide opportunities for significant value creation bringing together the financial strength and trusted brand of AXA with the entrepreneurial spirit and agility of XL Catlin.
ABOUT THE AXA GROUP
The AXA Group is a worldwide leader in insurance and asset management, with 165,000 employees serving 105 million clients in 64 countries. In 2017, IFRS revenues amounted to Euro 98.5 billion and underlying earnings to Euro 6.0 billion. AXA had Euro 1,439 billion in assets under management as of December 31, 2017.
ABOUT XL Group Ltd
XL Group Ltd (NYSE:XL), through its subsidiaries and under the XL Catlin brand, is a global insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world. Clients look to XL Catlin for answers to their most complex risks and to help move their world forward.
ABOUT G.A.P. VASSILOPOULOS GROUP
G.A.P. Vassilopoulos Group was established in 1964 and today it's a contemporary and adaptive organization, rated amongst the 25 biggest companies in Cyprus, operating within the services sector by providing a variety of related services under one roof as a one-stop shop. The Group operates via a network of over 3.000 offices and associates throughout Cyprus, the United Kingdom, Germany, Ireland, Belgium, Netherlands, Luxembourg and Israel. It employs over 1.000 highly educated and experienced personnel, utilizing the latest hardware technology and most innovative software and systems.
Strovolos Avenue 20, Τ.Κ 2011
Τ.Θ. 23897, 1687 Nicosia, Cyprus.
Tel: +357 22 710500
Fax: +357 22 514099