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Axa to appeal Air France compensation

15 March 2010

Axa, France’s largest insurer, said Friday that it will appeal a Brazilian court's ruling that it must pay $1.16m in compensation to the family of a victim of last year’s Air France disaster, Reuters reports.

Read more: Axa Air France Marcelle Valpacos Fonseca Lima compensation

Axa, France’s largest insurer, said Friday that it will appeal a Brazilian court's ruling that it must pay $1.16m...


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Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

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Quote

If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield