Axa XL reveals global restructure

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Axa XL has announced a proposed restructure of the operating model of its insurance business following a strategic review, along with a new leadership team.

The proposed changes include the creation of a single global insurance underwriting function and the formation of three geographical business units across the Americas, Eurasia and the UK & Lloyd’s market.

Axa XL was created in 2018 after Axa bought XL Catlin in a deal worth $15.3bn (£11.1bn).

Redundancies
Last February the provider

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