About Reinsurance
We take pride in our ability to blend underwriting discipline, analytical excellence and deep client relationships across a broad product offering. We’re also proud of our team of talented leaders and underwriters who are flexible and creative in their approach to underwriting complex risks while prudent in decision making.
As a leading global reinsurer, we’re always seeking innovative solutions to some of the industry’s most pressing problems. We strive to provide alternatives rather than a standardized, product-driven approach to underwriting risk. After all, we believe that reinsurance is a relationship rather than just a product or transaction – what we call Payer to Partner.As one of the leading Reinsurers in the world we have the ability and duty to conduct research and make available work we do and share our thoughts. Our work here is broad based but we have been focusing on three key areas for some time and intend to go further with this now we are part of AXA:
Climate - We are committed to understanding Climate – what it means for risk, our Oceans, how it is changing and how we can help our clients and brokers understand the impact on their businesses. We believe AXA is one of the few re/insurance companies in a position to be the first place Governments, Regulators and Customers turn for guidance about mitigating risk and a company of which employees are proud to be a part.
Making a Market – with most of the world’s risk remaining uncovered we will build on our climate work to provide solutions to Governments and others to help reduce the difference between economic and insured loss.
Collaboration and Protection – getting communities touched by disaster back on their feet and in a better position is in our sights. We aim to partner with others and, more importantly, include contract terms and conditions to make it part of our product. This is particularly important in our Public Sector Partnership initiatives.
Alternative Capital
We work with strategic capital providers – both independent and managed via our wholly-owned insurance managers and our asset manager, ILS Capital Management, to match risk with the most appropriate and efficient form of capital. We believe that investors in insurance linked securities (ILS) and collateralized reinsurance will need to play an increasingly important role in the reinsurance market. By aligning our expert structured finance and portfolio management team with AXA XL’s world-class risk origination and underwriting franchise, the Alternative Capital team at AXA XL works closely with strategic capital providers to create investment structures, alongside our own balance sheet, to solve some of the world’s most complex reinsurance risk.
