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: reinsurance business
WTW Increases Revenue by 3%, Grows Reinsurance Business in 2Q
Reinsurance broker Willis Towers Watson (WTW) has increased its overall revenue by 3% during the second quarter of 2020, helped by organic growth and favorable renewal factors for its reinsurance business. Revenue was reported at $2.11 billion for Q2 2020, compared with $2.05 billion for the same period last year. Looking at the Investment, Risk… Continue reading WTW Increases Revenue by 3%, Grows Reinsurance Business in 2Q