É«¶à¶àÊÓÆµ

Reinsurance
Explore our offerings
Explore our offerings

Real Estate Environmental Protection

Real estate investment companies are becoming increasingly aware of the financial, legal and reputational risks that can result from environmental liabilities.

AXA XL's Environmental Team’s experience has shown that even seemingly ‘low risk’ land uses such as commercial offices, retail parks and leisure facilities can hold unsuspected environmental issues. Although the ‘Polluter Pays’ principle continues to be enforced, liabilities can often pass to incumbent property owners, who find themselves facing claims for pollution or environmental damage for which they had no knowledge of and for which they had no control over.

The É«¶à¶àÊÓÆµEnvironmental Real Estate insurance policy has been designed to assist investors in the acquisition and ongoing management of property portfolios.

Benefits & Services

  • Business interruption (including loss of rental income) and extra expense
  • Broad insured coverage
  • Automatic coverage for certain newly acquired or leased locations
  • Coverage for locations inadvertently left off of the property schedule
  • Abandoned materials
  • Fines and penalties (where allowable by law)
  • Automatic coverage for certain underground storage tanks

Client Profiles

  • Portfolio property owners and managers
  • Property developers
  • Real estate investment trusts (REITs)
  • Pension funds

PORTFOLIO PROFILE

  • Commercial
  • Retail
  • Industrial
  • Residential
  • Mixed-use

TAILORED COVERAGES

  • First-party discovery and regulatory triggers for remediation expense
  • Third-party bodily injury, property damage and defence
  • Legal expense
  • Third-party business interruption and diminution of value
  • Environmental liability directive

Product Availability

Geographical coverage is for informational purposes only. Product and service offers can vary based on location, industry, risk profile and unique business needs.

The information contained herein is intended for informational purposes only. It’s is neither an offer to sell nor a solicitation to purchase any particular insurance product. É«¶à¶àÊÓÆµ coverage in any particular case will depend upon the type of policy in effect, the terms, conditions and exclusions in any such policy, and the facts of each unique situation. No representation is made that any specific insurance coverage would apply in the circumstances outlined herein. Please refer to the individual policy wordings for specific coverage details. É«¶à¶àÊÓÆµis a division of AXA Group providing products and services through three business groups: É«¶à¶àÊÓÆµÉ«¶à¶àÊÓÆµ, É«¶à¶àÊÓÆµReinsurance and É«¶à¶àÊÓÆµRisk Consulting. Not all of the insurers do business in all jurisdictions nor is coverage available in all jurisdictions.

US- and Canada-Issued É«¶à¶àÊÓÆµ Policies. In the US, the É«¶à¶àÊÓÆµinsurance companies are: Greenwich É«¶à¶àÊÓÆµ Company, Indian Harbor É«¶à¶àÊÓÆµ Company, XL É«¶à¶àÊÓÆµ America, Inc., É«¶à¶àÊÓÆµÉ«¶à¶àÊÓÆµ Company Americas, XL Specialty É«¶à¶àÊÓÆµ Company and T.H.E. É«¶à¶àÊÓÆµ Company. In Canada, coverages are underwritten by XL Specialty É«¶à¶àÊÓÆµ Company - Canadian Branch and AXA É«¶à¶àÊÓÆµ Company - Canadian branch. Coverages may also be underwritten by Lloyd’s Syndicate #2003. Coverages underwritten by Lloyd’s Syndicate #2003 are placed on behalf of the member of Syndicate #2003 by Catlin Canada Inc. Lloyd’s ratings are independent of AXA Group.

Talk with us

You are contacting É«¶à¶àÊÓÆµ the P&C and Specialty division of AXA. We provide Re/É«¶à¶àÊÓÆµ to mid-sized and multinational companies, and some high-net-worth individuals.

If your enquiry pertains to personal insurance, please .

The controller of your personal data is the É«¶à¶àÊÓÆµcompany you wish to contact with your request. The privacy policy applicable to this company can be found at: /privacy-notice

Enter your First Name
Enter your Last Name
Enter your valid Email ID
Select your country
Select What best describes you