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...
France’s AXA Stops Re/insuring Russian Insurers, Assets March 28, 2022 French insurer AXA said on Friday that it has stopped all new investments in Russian assets and would no longer...
Burn the Client or Burn the Carbon? Insurer AXA Grapples With Clean Energy Transition. March 17, 2022 By Alastair Marsh The glass tower in Paris where AXA SA, one of the world’s largest insurers, has its temporary headquarters looks as...
AXA Doubles 2021 Net Income to €7.29 Billion February 24, 2022 AXA reported a profit on Thursday that more than doubled from last year, with the French insurer recovering from pandemic-related...
AXA Consortium in Talks to Buy Stake in Orsted’s UK Offshore Wind Farm February 16, 2022 By William Mathis, Dinesh Nair and Francois de Beaupuy Denmark’s Orsted A/S is in talks with a consortium that includes AXA SA and a Credit Agricole SA unit to...
AXA Completes Sale of Singapore Business to HSBC February 11, 2022 AXA announced it has completed the sale of its Singapore operations to HSBC for US$529 million. HSBC Insurance (Asia Pacific)...