Axa boosts European flood reinsurance cover amid treaty overhaul
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Axa boosts European flood reinsurance cover amid treaty overhaul

Germany Floods.jpg

Axa has added EUR1.9bn ($2.2bn) of specific European flood reinsurance to its nat-cat reinsurance programme for 2022 after last year’s Bernd flooding losses, as it shrank its European wind tower by 14% to EUR2.5bn.

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