Ambition AXA News

AXA Unit to Offer Medical Consultations to Guests of French Hotel Group Accor

AXA and French hotel group Accor have formed a strategic partnership to provide medical support to guests staying at Accor’s 5000 hotels worldwide. As soon as July 2020, Accor’s guests will be able to benefit from advances in telemedicine through …

AXA Enters Exclusive Negotiations to Sell Portuguese Operations

AXA announced it has entered exclusive negotiations with Ageas for the potential sale of AXA’s Portuguese operations. These operations include AXA’s entire stake in AXA Portugal Companhia de Seguros SA (P&C business), AXA Portugal Companhia de Seguros de Vida SA …

AXA Enters Exclusive Negotiations to Buy Genworth Lifestyle Protection Insurance

Paris-based AXA has entered into exclusive negotiation with Genworth Financial to acquire 100 percent of Genworth Lifestyle Protection Insurance (Genworth LPI), for a total cash consideration of 475 million euros. Genworth LPI is the seventh largest creditor insurance player in …

AXA to Acquire 7% of Africa Re to Increase Pan-African Exposure

AXA has entered into an agreement to acquire a 7.15 percent stake in African Reinsurance Corporation, the leading reinsurance company in Africa. Under the terms of the agreement, the total cash consideration payable at closing would amount to USD$61 million …