Market Security & Analysis: XL Reinsurance America Update
The purpose of this Market Update is to outline changes in the capitalization of XL Reinsurance America Inc (XLRA) as of June 30, 2022. The changes are primarily related to an internal reorganization at AXA XL. Effectively, AXA XL is consolidating its reinsurance operations within a dedicated legal entity structure under AXA XL Reinsurance Ltd (AXA XL Re), which is the Bermuda-domiciled operating company