AXA XL expected to produce underwriting profit despite Hurricane Ian losses

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Reinsurance News - Oct 14, 2022

AXA XL is expected to produce an underwriting profit despite losses caused by Hurricane Ian, according to a recent report by analysts at JP Morgan. Ahead of the release of the third quarter Activity Indicators on 2nd November JP Morgan is lowering its underlying earnings estimates for AXA by ~2%-6%...

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