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
AXA is one of the largest insurers in the UK. We provide a wide range of commercial and personal insurance solutions, working closely with our broker partners.
AXA Commercial
SME, mid-market, mid-corporate and schemes propositions that give businesses the confidence to thrive, today and tomorrow.
AXA Retail
A range of quality products to suit your clients’ needs, helping people live the life they love, knowing we’ve got their back, at home and on the road.