AXA to Buy Remaining 50% Stake in AXA Tianping for China Growth

Article 0 Comments AXA announced it has entered into an agreement with the current domestic shareholders of AXA Tianping Property & Casualty Insurance Co. Ltd. to acquire the remaining 50 percent stake of the company. Total consideration for the acquisition of the 50 percent stake would amount to 4.6 billion […]

AXA Expects Profits to Be Boosted by Its $15 Billion XL Deal

Article 0 Comments AXA, Europe’s second-biggest insurer, expects its profitability to improve in the next two years thanks to U.S. business brought in by its new XL arm, and said it would now focus on expanding in Asia. The French insurer said profits should be boosted by its $15 billion […]