Cevian’s Baloise Move Triggers European Insurers to Study Deal November 13, 2024 By Jan-Henrik Förster, Pamela Barbaglia, Eyk Henning and Paula Doenecke Baloise Holding AG has become one of the most-discussed takeover candidates in the European financial sector, after agitation by an...
AXA Rebrands China Reinsurance Unit to ‘AXA International Re’ October 17, 2024 AXA Insurance announced it has rebranded its Chinese reinsurance unit, XL Re China, to AXA International Re. The name change...
AXA, Aircraft Lessor DAE Clinch Deal as UK Battle Over Jets Seized in Russia Kicks Off October 3, 2024 By Kirstin Ridley and Sam Tobin Aircraft lessor Dubai Aerospace Enterprise (DAE) has secured a settlement with insurer AXA over jets retained in Russia since the...
BNP Paribas in Talks to Buy AXA Investment Managers for €5.1 Billion August 2, 2024 By Mathieu Rosemain BNP Paribas is in exclusive talks with French insurer AXA to buy 100% of its AXA Investment Managers arm at...
AXA IM Prime Buys 20% Stake in French Private Credit Firm Rivage July 30, 2024 By Swetha Gopinath A unit of AXA Investment Managers has agreed to acquire a minority stake in Rivage Investment, a specialist private credit...
AXA’s Q1 Revenues Rise 6%, Led by P/C Business Growth May 3, 2024 By L.S. Howard AXA, Europe’s second-largest insurer, reported a 6% increase in total revenue during the first quarter to €34 billion ($36.4 billion),...
AXA, Apollo’s Athora Scrap Life-Insurance Deal in Germany May 3, 2024 By Jan-Henrik Förster Athora Holding Ltd., an insurance affiliate of Apollo Global Management Inc., and AXA SA have terminated a deal to transfer...
EVs Head for Junkyard as Mechanic Shortage Inflates Repair Costs April 16, 2024 By Jamie Nimmo Electric car sales already are in a funk in key markets around the globe. Challenges finding enough repair technicians threatens...
AXA Plans Cyber Risk Prevention Campaign Ahead of Paris Olympics April 3, 2024 By Alexandre Rajbhandari AXA SA is planning a campaign to help prevent cyberattacks targeting France in the run-up to the Paris Olympics next...
Zurich Insurance Reports Record Profit, Announces $1.25B Share Buyback February 22, 2024 By Carolyn Cohn and Miranda Murray Zurich Insurance posted a better-than-expected annual operating profit on Thursday and announced a share buyback of up to 1.1 billion...