One of the world’s top insurers, AXA SA, is mulling offloading its property reinsurance business in a bid to cut its exposure to natural disasters like hurricanes, according to three people familiar with the matter.
Tag: hurrianes
Study Says Climate Pattern Changes Could Push More Hurricanes Toward U.S. Coasts
Changes in air patterns as the world warms will likely push more and nastier hurricanes up against the east and Gulf coasts of the United States, particularly in Florida, according to a new study.