Axa seeks new Eiffel Re cat bond targeting $135mn
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Axa seeks new Eiffel Re cat bond targeting $135mn

Aisling Finn
12 June 2023
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Exterior view of the headquarters of the insurance group Axa

Axa SA has launched a new cat bond, Eiffel Re, looking to raise EUR125mn ($135mn), this publication understands.

The new cat bond will cover any European windstorm event and will be per occurrence based on the Cresta-weighted industry insured loss index.

Eiffel

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