AXA Insurance Northern Ireland has confirmed it will be exiting the commercial non-motor and home lines of business with effect from 1 January 2003.
In a letter to brokers, operations manager Northern Ireland T V Scott said: "Our experience in these classes continues to be unsatisfactory and recent events, which impacted on reinsurance markets, have forced us to review our future approach. As a result we are no longer in a position to quote for any new risks and with effect 1 January 2003 we will not be in a position to ffer terms at renewal."
