COMMUTATIONS, A KEY LEVER FOR FINALITY
"Being a key player on the run-off market for more than 10 years, AXA LM has developed a strong expertise and proved to have an effective finality strategy. Commutation teams have built an active network that helps deliver results from day 1 of a newly acquired portfolio being integrated. Our Commutation Managers have significantly contributed to reduce our volume of liabilities. Professionalism and ethics are two of our key attributes on the market, which enables us to connect very quickly with our external partners, and ultimately reduce liabilities.
We work on a worldwide market and our employees collaborate as one transversal and international team focused on results."
Shane May, Head of Commutations.
Commutations represent approximately 40% of the amount of reserve reductions and contribute significantly to AXA LM's earnings.