Axa gets access to new capital markets following XL Group acquisition
Posted On: Mar. 9, 2018 4:33 AM CSTThomas 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.