Buberl responds to Axa XL Re sale rumours as unit posts strong H1 profits
Axa CEO Thomas Buberl has played down speculation that the insurer is looking to divest Axa XL Re after the business unit posted first-half profits of around EUR200mn ($219mn).
Reuters reported last month that Axa was looking to sell the property reinsurance business, which it has long been seen as a reluctant owner of.
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