French insurer Axa is seeking further acquisitions on the European continent, but according to a statement by CEO Henri de Castries it is not looking to purchase Italy’s Generali, Reuters has reported.
“That is not on the agenda,” he said.
Castries also cast doubt upon rumors that Axa and German insurer Allianz had agreed that neither would purchase Generali.
Topics Mergers & Acquisitions Europe
Was this article valuable?
Here are more articles you may enjoy.
High-Net-Worth Risk Appetite Drops as Some Regions Show Stabilization 
Good Times for US P/C Insurers May Not Last; Auto Challenges Ahead 
Litigation Funding, Other New Laws in SE States Could Impact Liability Insurance 
’60 Minutes’ Homeowners Ask Court to Force DFS to Divulge Heritage Probe Info 
