Claudio Gienal responds to Pool Re’s pricing announcement

10 May 2022

Posted in Public Affairs

  • Claudio Gienal reacts to Pool Re’s pricing announcement 
  • AXA is supportive of the price reduction and will ensure the new rates are passed on to customers 

Following Pool Re’s announcement that they are reducing overall reinsurance pricing, Claudio Gienal, Chief Executive Officer of AXA UK & I, and Board Member of Pool Re, reacts to the news.

Claudio Gienal, CEO, AXA UK and Ireland 750x750.jpg

This is a very welcome announcement and reflects the considerable investment Pool Re has made into understanding risk. Terrorism cover is vital for building business resilience and as such, I hope this price reduction encourages businesses to consider this protection. AXA UK are working to ensure these new, lower rates are passed on to our customers in time for when the new rates come into effect.

Claudio Gienal, Chief Executive Officer at AXA UK & I