Axa XL exceeds H2 cat budget by EUR300mn after storms

03 November 2020

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Axa XL will take a net EUR300mn ($349mn) of losses “in excess of normalised levels” for the second half of the year following a string of US hurricanes, the Midwest derecho and the California wildfires.

Meanwhile,

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Axa XL exceeds H2 cat budget by EUR300mn after storms

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Axa XL exceeds H2 cat budget by EUR300mn after storms

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Fuel a smarter strategy with our actionable market intelligence

Topics

AmCoastal estimates Milton cat losses at $16.2mn

HCI Group and subsidiaries assume 42,000 policies from Citizens

NZ Super Fund ILS allocation returns 12.8% in year to 30 June

Heritage expects $48mn Debby, Helene cat loss, $57mn cat loss from Milton

Munich Re disclosures may imply higher-than-expected Helene industry losses