AXA at risk of downgrade post XL acquisition

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Fitch Ratings has threatened to downgrade AXA following the plan to acquire XL Group due to financing risks related to the planned IPO of AXA’s US subsidiary.

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Fitch Ratings, XL Group, AXA, Acquisition, M&A, Mike McGavick, Greg Hendrick, Insurance, Reinsurance, Property, Casualty, Speciality, Rating, Outlook

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AXA at risk of downgrade post XL acquisition

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