Climate Change at Top of Insurers’ Concerns, Followed by War-Related Risks October 24, 2022 By Alexandre Rajbhandari Climate change remains at the top of insurance companies’ biggest concerns even as Russia’s invasion of Ukraine stokes geopolitical and...
AXA to Acquire Spanish P/C Insurer GACM España for €310M October 18, 2022 AXA announced that AXA Spain has entered into exclusive negotiations to acquire Groupe Assurances du Crédit Mutuel España (GACM España),...
Tool to Measure Workplace Mental Health Backed by 40 Corporate Partners (Including AXA, Aon) October 4, 2022 By Matthew Boyle A coalition of corporate, academic and nonprofit partners including Bank of America Corp. and insurer AXA SA has developed a...
Generali Completes Acquisition of AXA’s Malaysian P/C and Life Businesses August 30, 2022 Generali has completed the acquisition of the majority stakes in the AXA’s property/casualty and life businesses in Malaysia, which will...
French Insurer AXA Posts 3% Rise in H1 Net Profit August 3, 2022 By Matthieu Protard French insurer AXA announced a new share buyback program as it posted a 3% rise in first-half net profit, driving...
UK Pubs Group Sues Zurich, Liberty Mutual, MS Amlin for $1.2B Over COVID BI Losses June 13, 2022 By Kirstin Ridley and Carolyn Cohn Britain’s biggest pubs group Stonegate, which is suing Zurich Insurance and two peers for 1 billion pounds ($1.2 billion) over...
AXA to Join €1B Regenerative Agriculture Fund to Help Mitigate Climate Change May 13, 2022 Insurer AXA and consumer goods group Unilever plan to invest 100 million euros each into a new 1 billion euro...
Credit Agricole to Bid for Banco BPM’s Insurance Units, in Competition With AXA April 14, 2022 By Alexandre Rajbhandari and Sonia Sirletti Credit Agricole SA intends to bid for Banco BPM SpA’s insurance businesses after having bought a minority stake in Italy’s...
AXA in Talks to Buy Majority Stake in Banco BPM’s Insurance Units April 12, 2022 By Sonia Sirletti and Alexandre Rajbhandari AXA SA is in early-stage talks to buy a controlling stake in Banco BPM SpA’s insurance businesses valued at about...
Orsted Sells 50% of British Wind Farm to French Consortium That Includes AXA March 29, 2022 Denmark’s Orsted said on Monday it had agreed to sell half of the Hornsea 2 project in Britain, which will...