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Axas Belgian unit will stop selling some individual life-coverage at the start of 2017 as it focuses on offering pension insurance and property and casualty products.
Insured losses from Hermine will likely approach $500 million, with total economic damages close to $1 billion, according to an early estimate from Karen Clark & Company.
Saturdays tremor hit the area about 7:02 a.m. Oklahoma time. It was also felt in Kansas, Missouri, Texas, Arkansas, Tennessee, Iowa, Illinois and Indiana.
Hermine is weakening as it moves farther inland across Floridas Panhandle and southeastern Georgia, after largely sparing energy assets in the Gulf of Mexico.
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