- AXA XL’s Chinese subsidiary has received approval to transform its business license from insurance to reinsurance.
- The new entity will be entitled XL Reinsurance (China) Company Limited (AXA XL Re China) and it will provide non-life insurance in the market.
- The new entity will be the first reinsurance subsidiary domiciled in Shanghai.
AXA XL’s Ch....
Tags : China, AXA, AXA XL, non-life insurance, reinsurance,