XL division absorbs Axa Corporate Solutions and Axa Art

merger-7

Merger had originally been expected to be completed by the end of 2018.

Axa XL has completed the merger of Axa Corporate Solutions and Axa Art with XL Insurance Company SE (XLICSE).

The merger, which was approved by the Central Bank of Ireland and the Irish High Court, was effective from 31 December 2019.

XLICSE was moved from the UK to Ireland in October 2018 ahead of the original Brexit deadline.

Axa XL also announced that XLICSE, a wholly owned subsidiary of Axa Group, had become the insurer or reinsurer of each policy previously underwritten by Axa Corporate

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