AXA XL sets sight on ILS growth
AXA net income drops 11% in H1 2018
French insurer AXA and XL Group have reduced potential catastrophe impacts by around 40 percent relative to 2017 ahead of the merger of the two entities, according to AXA’s first half 2018 earnings presentation.
AXA is in the process of acquiring XL Group for $15.3 billion (€12.4 billion) in cash.
AXA, XL Group, Catastrophe, M&A, Insurance, Reinsurance, Europe, North America