AXA XL’s CoR strengthens to 93.2% as GWP hits €53bn in 2023

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Reinsurance News - Feb 22, 2024

Global insurer AXA’s P&C and specialty risk division, AXA XL, recorded a 4.2 percentage point improvement in its combined ratio in 2023 to 93.2%, as gross written premiums (GWP) and other revenues rose 7% year-on-year to €53 billion, despite a reduction in the reinsurance arm. At AXA XL Re...

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