AXA UK&I CEO Claudio Gienal responds to Pool Re’s pricing announcement
- Claudio Gienal reacts to Pool Re’s pricing announcement
- AXA is supportive of the price reduction and will ensure the new rates are passed on to customers
Following announcement that they are reducing overall reinsurance pricing, Claudio Gienal, Chief Executive Officer of AXA UK & I, and Board Member of Pool Re, reacts to the news.
‘This is a very welcome announcement and reflects the considerable investment Pool Re has made into understanding risk. Terrorism cover is vital for building business resilience and as such, I hope this price reduction encourages businesses to consider this protection. AXA UK are working to ensure these new, lower rates are passed on to our customers in time for when the new rates come into effect.’ - Claudio Gienal, Chief Executive Officer at AXA UK & I
Authored by AXA
About AXA
In July 2012 the AXA Commercial Lines and Personal Intermediary businesses came together to form a new single organisation – AXA Commercial Lines and Personal Intermediary.
The business offers brokers a more integrated and consistent approach from AXA which is focussed on their needs as a business – whatever the product. AXA Commercial Lines & Personal Intermediary provides underwriting expertise, offering a range of commercial lines and personal lines products and insurance solutions to our brokers and customers. AXA Commercial & Personal Intermediary is part of AXA Group, a worldwide leader in insurance and asset management serving 101 million clients
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