Axa XL posts EUR1.2bn profits in 2021 and 97.1% combined ratio
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Axa XL posts EUR1.2bn profits in 2021 and 97.1% combined ratio

Samuel Casey
24 February 2022
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Axa XL posted profits of EUR1.2bn ($1.3bn) in 2021, with favourable prices and a strong underwriting result causing a turnaround from 2020, when the impact of Covid-19 pushed the insurer to a EUR1.4bn loss.

Axa XL combined ratio: The carrier swung to an underwriting profit, posting a combined ratio of 97.1%, a 15.1-point

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Samuel Casey
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