Axa

The carrier has dropped some layers from its ILW-based ILS transaction.

Delphine Maisonneuve also CEO of Axa Next.

The insurer will also double green investments over the next four years.

The carrier considers offloading Polish, Czech and Slovakian businesses.

Now that so many ILS platforms are owned by reinsurers, you might think that the debate over whether third-party investors are better served by reinsurer-affiliated ventures or independent platforms has been decisively settled.

The carrier will continue to write more long-tail business to manage down its cat exposure.

The unit booked rate gains of 5 percent in insurance and 2.4 percent in reinsurance during the period.

The two firms did not secure approval from Bafin within the allotted nine months.

Simon Hearn will initially retain his responsibilities as head of life and wholesale accident and health when he steps into the CUO role.

The new hire will replace Convex recruit Pagram in a US casualty role.

The exercise of the over-allotment option follows the sale of $834mn of shares in June.

The protection, which is led by Liberty Specialty Markets, comes after the state pool's remit was extended earlier this year.