AXA: finalises disposal of businesses in Ukraine

(CercleFinance.com) - AXA announced late on Thursday that it has finalised the sale of its property and casualty insurance (AXA Insurance) and life insurance, retirement savings (AXA Insurance Life) entities in Ukraine to Fairfax Financial Holdings Limited.


The group announced in late October 2018 that it wanted to leave the Ukrainian market. The French insurer announced that it had entered into an agreement to sell its local subsidiaries with its Canadian counterpart Fairfax Financial Holdings. The terms of the deal were not specified.



Copyright (c) 2019 CercleFinance.com. All rights reserved.