AIR+07 Jul 2020

AXA XL maintains strong (re)insurance presence in China

| 07 Jul 2020

Last week, AXA XL announced its switch to becoming China's first foreign-owned reinsurance subsidiary. The subsidiary, XL Insurance China, is to be named AXA XL Re China. According to a statement from AXA, this re-focus of the license was unprecedented for both AXA and for the China Banking and Insurance Regulatory Commission (CBIRC).

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