Axa XL commits to 96% CR in 2021 as it highlights rates surge and de-risking drive

Axa Group CEO Thomas Buberl this morning unveiled a new strategic plan, which includes a commitment to climate change initiatives, growing its already dominant global health and protection arm and driving the turn-around of Axa XL, the specialty (re)insurance business formed by its bold $15.3bn acquisition of XL Group in 2018.