Plan to launch €150m bond for next year’s European storms
Standard & Poor's says Axa is to launch a €150m catastrophe bond to cover it against potential losses from European windstorms, Reuters reports.
The proceeds of the bond sale would help Axa meet potential windstorm claims in nine western European countries next year.
S&P has provisionally assigned a "BB (sf)" credit rating to the notes, the first to be sold under a wider €1.5bn bond programme.
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The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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