AXA Could Jettison Property Reinsurer, Reuters Reports
12 Juillet 2023 - 11:07AM
Dow Jones News
--France's AXA is considering selling or spinning off its
property-reinsurance business in order to cut its exposure to
natural disasters, Reuters reports, citing unnamed sources.
--The insurer is looking at different options for XL Re, though
no transaction is guaranteed, Reuters reports.
--AXA didn't comment when contacted by Reuters.
Full story: https://t.ly/YQDz
Write to Joshua Kirby at joshua.kirby@wsj.com;
@joshualeokirby
(END) Dow Jones Newswires
July 12, 2023 04:52 ET (08:52 GMT)
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