Intact Financial Corp has agreed to buy the Canadian arm of AXA Group for C$2.6 billion ($2.684 billion) in cash in a move that will boost its premiums by more than 40 percent and diversify its product mix. The deal …
Standard & Poor’s Ratings Services said today that it placed its ‘BBB+’ long-term counterparty credit and insurer financial strength ratings on AXA Insurance Ltd. on CreditWatch with negative implications. S&P explained that it took the action following its decision on …
AXA Central & Eastern Europe announced the acquisition of 80 percent of B&B Insurance, the second largest insurer in Belarus, and its largest private insurer. AXA said the acquisition is another step in its “expansion in Central & Eastern Europe …
