AXA XL Reinsurance Ltd
AXA XL Reinsurance Ltd | |
|---|---|
| Corporate identity | |
| Registration number | 56129 |
| Regulated | Yes |
| License type | Reinsurance (Class 4) |
| Incorporation | 2020 |
| Headquarters | O'Hara House, One Bermudiana Road, Hamilton HM 08, Bermuda |
| Country | Bermuda |
| Regulator | Bermuda Monetary Authority |
| Ultimate parent | AXA XL Reinsurance (Holdings) Ltd |
| Group status | Subsidiary |
| Business & markets | |
| Operating status | Active |
| Lines of business | Property, casualty, specialty/professional insurance and reinsurance |
| Geographic markets | Global |
| Key financials (2024) | |
| Currency | USD |
| Net income | $581,872 thousand |
| Total assets | $9,479,140 thousand |
| Equity | $2,876,050 thousand |
🛡️ AXA XL Reinsurance Ltd is a Bermuda-based, BMA-regulated Class 4 carrier that sits at the centre of the AXA XL Re consolidation perimeter, ultimately controlled by AXA SA (France) through an intermediate holding chain running via XL Group Ltd, XL Bermuda Ltd, and AXA XL Reinsurance (Holdings) Ltd.[1] Incorporated on 10 December 2020 as Redesign Reinsurance Ltd and renamed effective 7 January 2021, it has its registered office at O'Hara House, One Bermudiana Road, Hamilton HM 08.[2] In its consolidated IFRS financial statements for the year ended 31 December 2024, the entity reported total assets of $9,479,140 thousand, total shareholders' equity of $2,876,050 thousand, and net income of $581,872 thousand.[3] The company writes business globally across property, casualty, and specialty/professional reinsurance markets, with capital requirements calculated under Bermuda's ECR/BSCR framework.[1]
References
- ↑ 1.0 1.1 "AXA XL Reinsurance Ltd — Financial Condition Report 2024" (PDF). AXA XL. 2024. Retrieved 13 March 2026.
- ↑ "AXA XL Reinsurance Ltd — 2024 Financial Statement" (PDF). Bermuda Monetary Authority. 2025. Retrieved 13 March 2026.
- ↑ "AXA XL Reinsurance Ltd — Consolidated Financial Statements 2024 and 2023" (PDF). AXA XL. 2024. Retrieved 13 March 2026.