Commercial Risk Europe: AXA XL transfers European subsidiary to Dublin

21 January 2019

AXA XL has completed the transfer of XL Insurance Company from the UK to Dublin, where it will become the company’s subsidiary for European business and solve potential problems thrown up by Brexit.

XL Insurance Company will also serve clients in Asia.

In the UK, AXA XL will continue with XL Catlin Insurance Company and its Lloyd’s syndicates 2003 and 3002.

AXA XL’s CEO Greg Hendrick said the move ensures Xl Insurance Company can continue to work with clients and brokers to offer solutions for business that would otherwise potentially be disrupted by the UK leaving the EU.

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