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AXA completes XL Group acquisition

With all regulatory approvals required now obtained, Network member AXA has finalised the acquisition of the XL Group, announced in March this year.

The acquisition further diversifies AXA's existing commercial lines insurance portfolio, and reinsurance capabilities that will allow for an access to alternative capita.

The new division, called AXA XL will be dedicated large property/casualty commercial lines and specialty risks and will operate under the master brand of AXA.

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