Blog: Your move Allianz - impact of Axa/XL deal on P&C market worldwide
The news that Axa is to spend $15.3bn (£11.1bn) to acquire XL Group will certainly get the insurance boards around the world chattering.
The move certainly makes sense, as Axa notes, it will reduce its reliance on life and savings and give it greater presence in product lines with “high frequency customer contacts”. It also means that
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