AXA cedes the bulk of its reinsurance premium growth to ILS capital: CFO – Go Health Pro

AXA cedes the bulk of its reinsurance premium growth to ILS capital: CFO – Go Health Pro

AXA Group reported that gross written premiums grew by 12% for its AXA XL Reinsurance division during the first-quarter of the year, but the firm’s CFO Alban de Mailly Nesle explained that the majority of that was ceded to insurance-linked securities (ILS) strategies.Within the AXA XL Reinsurance division gross premiums underwritten increased by 12% to … Read more

New U.S. DoJ Rule Halts Bulk Data Transfers to Adversarial Nations to Protect Privacy – Go Health Pro

New U.S. DoJ Rule Halts Bulk Data Transfers to Adversarial Nations to Protect Privacy – Go Health Pro

Dec 31, 2024Ravie LakshmananData Security / Privacy The U.S. Department of Justice (DoJ) has issued a final rule carrying out Executive Order (EO) 14117, which prevents mass transfer of citizens’ personal data to countries of concern such as China (including Hong Kong and Macau), Cuba, Iran, North Korea, Russia, and Venezuela. “This final rule is … Read more