Up to seven new captives waiting for French approval – AXA XL’s Charbonnier 

Up to seven new captives are waiting for approval in France, according to Marine Charbonnier, head of captives and facultative underwriting for APAC and Europe at AXA XL. 

France has been fastest growing European domicile since the jurisdiction introduced specific captive legislation in 2023, with the number of captives steadily rising.