Axa XL 2003 CoR hits 99.6% as GWP grows 4% to £1.38bn
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Axa XL 2003 CoR hits 99.6% as GWP grows 4% to £1.38bn

Results were impacted by prior year reserving and an unwind of intragroup reinsurance recoveries.

By Samuel Casey
March 20, 2025
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Axa XL’s flagship syndicate 2003 reported a profit of £106.5mn for 2024 as the combined ratio worsened to 99.6%.

The

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Topics

News Results London market Axa XL Insurers Lloyd's
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