Axa explored XL Re spin-off ahead of $15bn deal

11 September 2018

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Axa approached a number of reinsurers before agreeing its $15.3bn acquisition of XL to sound out their interest in doing a back-to-back transaction to buy XL Re, The Insurance Insider can reveal.

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Axa explored XL Re spin-off ahead of $15bn deal

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Axa explored XL Re spin-off ahead of $15bn deal

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Fuel a smarter strategy with our actionable market intelligence

Topics

Vendor models’ early run estimates show a sub-$3bn Francine industry loss

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The Week in 90 Seconds:  The casualty conundrum; Specialty pricing; Algorithmic UW