Axa and Aviva tread carefully as large commercial rates stagnate

maso philippe axa1 sept0

Aviva and Axa have admitted the lack of rate hardening in commercial lines has dampened their appetite for some larger risks, at least in the short term.

Despite earlier this year outlining plans to expand out of its SME heartland into the mid-corporate space, Axa Insurance chief executive Philippe Maso this week indicated it is now taking a more

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