Axa XL wrote 15% line on multi-hundred-million-dollar Jeju Air loss cover
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Axa XL wrote 15% line on multi-hundred-million-dollar Jeju Air loss cover

Behind Axa XL, Convex wrote a 9.5% line on the all-risks reinsurance programme.

By Rebecca Perkins Adam McNestrie
January 10, 2025
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Convex wrote a 9.5% line behind lead Axa XL's 15% on the all-risk reinsurance cover for the Jeju Air jet that crashed at the end of last year, with sizeable participation from Nexus, Elesco and Helvetia, Insurance Insider can reveal.

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Topics

London market Aerospace News Specialty lines Claims and losses Asia Pacific Axa XL Convex Nexus
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