2020-12-04T13:44:00+00:00By Insurance Times
Property and casualty market head says this could be ‘a very valuable product’ moving forward
New London insurance group Inigo has received approval in principle from the Corporation of Lloyd’s and will start underwriting for 2021.
The transaction is the latest in a series of sales of underperforming insurance assets by the country’s Big Four banks, as lenders re-focus on local core operations, after a series of scandals ramped up regulatory scrutiny on the sector.
AXA has revealed that it is “well positioned” for growth post Covid-19, catering to the new insurance needs of customers and society, its chief executive Thomas Buberl said.
Site powered by Webvision Cloud