French multinational insurance company AXA has announced entering into negotiations to acquire Groupe Assurances du Credit Mutuel Espana (GACM Espana) for €310 million in an all-cash deal. GACM Espana is mainly a property and casualty (P&C) and health insurer. AXA will make the acquisition through AXA Spain, which has entered into discussions with Groupe des […]
French insurance giant AXA said that its German subsidiary — AXA Germany has agreed to divest a portfolio of €16 billion of life and pensions insurance reserves in Germany to Athora Deutschland (Athora Germany), a subsidiary of retirement services group Athora. As per the terms of the deal, AXA Germany will offload the portfolio to […]
