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.
Experian Launches Insurance Marketplace App on ChatGPT 
Kansas Man Sentenced for Insurance Fraud, Forgery 
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
Preparing for an AI Native Future 
