• 11/10/2024

AXA weighs offloading $2 billion reinsurance arm to cut disaster risk

Reuters

Reuters exclusively reported that one of the world’s top insurers is considering a private sale or stock market listing of its property reinsurance business in a bid to cut its exposure to natural disasters like hurricanes.

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https://www.reutersagency.com/en/reutersbest/article/axa-weighs-offloading-2-billion-reinsurance-arm-to-cut-disaster-risk/