AXA: sale of Central and Eastern Europe operations
(CercleFinance.com) - AXA today announces that it has finalised the sale of its Life & Savings, Property & Casualty and Pension businesses in Poland, Czech Republic, and Slovakia, to UNIQA Insurance Group AG, for a total of 1 billion euros.
The finalisation of this transaction should have a positive impact on AXA Group's Solvency II ratio of 2 points in the fourth quarter, indicates the group's press release.
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The finalisation of this transaction should have a positive impact on AXA Group's Solvency II ratio of 2 points in the fourth quarter, indicates the group's press release.
Copyright (c) 2020 CercleFinance.com. All rights reserved.