Axa XL pegs Ida losses at EUR400mn as nine-month revenues climb 3%
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Axa XL pegs Ida losses at EUR400mn as nine-month revenues climb 3%

Samuel Casey
04 November 2021
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Axa XL anticipates booking losses of EUR400mn ($462mn) before tax and net of reinsurance from Hurricane Ida, the carrier has disclosed, as it reported total revenue growth of 3% in the first three quarters of 2021.

The subsidiary reported strong pricing momentum across its book of business in both insurance and reinsurance lines in the first nine months.

Meanwhile,

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Samuel Casey
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