Axa XL aims to reduce natural catastrophe exposure
Posted On: Dec. 2, 2020 9:19 AM CST
Axa XL, a unit of French insurer Axa SA, is looking to reduce its exposure to natural catastrophes in the upcoming years to improve business sustainability and profitability, Artemis reported. To attain this, Axa XL intends to leverage retrocessional reinsurance and alternative capital sources from third-party investors.