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International

Axa expands property quota share reinsurance protection

February 27, 2023 Reprints

French insurer Axa SA has expanded its property quota share reinsurance protection, which it believes can offset the higher retention across its excess-of-loss reinsurance program, Artemis reported. The insurer increased cession to 31% for the Axa XL Insurance quota share in North America and 28% for international risks, while adding a new 14% quota share reinsurance arrangement for the Axa XL London market property business.

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Axa expands property quota share reinsurance protection

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