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Axa gets access to new capital markets following XL Group acquisition

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Thomas Buberl, chief executive of France-based insurer Axa S.A., said that the insurer has got access to new capital markets following the acquisition of Bermuda-based counterpart XL Group Ltd., Artemis.bm reports. XL Group has around $3 billion of alternative capital leveraged through its use of the catastrophe bond market, insurance-linked securities and other forms of collateralized reinsurance.

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