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XL’s India FRB to shut down, to be merged with AXA France’s FRB

XL’s India FRB to shut down, to be merged with AXA France’s FRB

by AIP Online Bureau | Feb 2, 2022 | Indian News, Life, Non-Life, Regulation, Reinsurance

-Prior to the global merger- AXA group acquired XL group in 2018- both the groups had their own FRBs in India and are continuing to operate as separate entities in the country till now -IRDA confirms its stand formally to allow only one FRB belonging to the group....

Back in court – UK hospitality groups take on insurers over lockdown losses

by AIP Online Bureau | Jan 21, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance

Corbin & King, the owner of London’s Wolseley and Delaunay restaurants is suing AXA for around 4.5 million pounds in a dispute that hinges in part on the scope of “denial of access” cover, designed to protect insured venues that are shut by...
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