Published on Atlas Magazine (https://www.atlas-mag.net)

Home > Printer-friendly

AXA XL: first foreign reinsurer in China

Tweet [1] [2]
Magazine Issue: 
The pandemic risk, insurers’ future Eldorado [3]
Magazine date: 
Jul 2020

AXA XLThe insurance supervisory authority (CBIRC) has modified the license granted to AXA XL Insurance China which obtained the status of reinsurer instead of insurer.

Domiciled in Shanghai, the new legal entity is called XL Reinsurance China Company (Axa XL Re China) thus becoming the first reinsurance subsidiary with 100% foreign capital operating on the Chinese non-life market.

AXA XL, a division of the AXA Group specializing in large corporate risks, is rated A+ by Standard & Poor's.

Mon, 13/07/2020 - 13:42

Source URL: https://www.atlas-mag.net/en/article/axa-xl-first-foreign-reinsurer-in-china

Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Faxa-xl-first-foreign-reinsurer-in-china&text=AXA+XL%3A+first+foreign+reinsurer+in+China
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Faxa-xl-first-foreign-reinsurer-in-china&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/pandemic-risk-future-eldorado-of-insurers