COMMUTATIONS, A KEY LEVER FOR FINALITY
"Being a key player on the run-off market since 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 as of the first day a portfolio is integrated ; they have significantly contributed to reduce our volume of liabilities. Professionnalism and ethics are our attributes on the market, hence our ability to mobilize very quickly our external partners and reduce liabilities.
We work on a worldwide market and our employees collaborate as one tranversal and international team focused on results."
Pascal Salelles, Head of Commutations.
Commutations represent approximately 40% of the amount of reserve reductions and contribute significantly to AXA LM's earnings.