International News AXA launches 3-yr plan to boost profits by ’26 Nada Ali Feb 22, 2024 0 France's AXA, Europe's second-biggest insurer, announced a new three-year plan called Unlock the Future aimed at…
Money AXA completes acquisition of Spanish peer GACM España Yomna Yasser Jul 13, 2023 0 AXA, Europe’s second-biggest insurer behind Germany’s Allianz, announced on Wednesday that it had completed the…
Money HSBC to acquire AXA Singapore for $575 million Amwal Al Ghad English Aug 16, 2021 0 HSBC Holdings said on Monday it had agreed to acquire French insurer AXA’s Singapore assets for $575 million, a…
Money France’s AXA to sell Gulf operations to GIG for $269 million Amwal Al Ghad English Nov 30, 2020 0 AXA, Europe’s second biggest insurer, announced on Monday it has agreed to sell its insurance operations in the…
Money Swvl partners with AXA to insure its trips in Egypt Amwal Al Ghad English Nov 18, 2020 0 Egyptian transport technology start-up Swvl announced on Wednesday its partnership with AXA Egypt to insure all…
Financial Institutions Major changes to come to insurance coverage, AXA’s CEO says Amwal Al Ghad English Jun 24, 2018 0 The days when insurance was all about financial compensation are gone — adapting with that key shift has considered…
Financial Institutions AXA Life Egypt wins a major investment bank’s insurance policy tender Yomna Yasser May 4, 2017 0 AXA Life Insurance Egypt, part of French AXA Insurance Group, has won an insurance policy tender launched by one of…
Financial Institutions French AXA Insurance’s Egypt investments hit 4 bln Egyptian pounds Yomna Yasser Dec 12, 2016 0 The investment portfolio of AXA Egypt, part of French AXA Insurance Group, has reached 4 billion Egyptian pounds…
Financial Institutions Cairo-based Delta Insurance eyes renewing talks with Hannover, Swiss, AXA Re Yomna Yasser Nov 10, 2016 0 Egypt’s Delta Insurance Company is start by the end of November talks to renew its annual reinsurance agreements…
Financial Institutions AXA hopes Egypt to seize 20% of its Mideast, Africa businesses by 2020 Yomna Yasser Oct 30, 2016 0 French insurance group AXA hopes its Egyptian arm would seize 20 percent of the group’s total business in Africa…
Financial Institutions Gulf investors bidding to launch an insurance firm in Egypt Yomna Yasser Aug 7, 2016 0 Market regulator, Egyptian Financial Supervisory Authority (EFSA) is studying a new bid from Gulf investors willing…
Financial Institutions French AXA Insurance pumps $6.8 million into CIL Egypt’s capital Yomna Yasser Jun 25, 2016 0 French insurance group AXA has completed pumping 60 million Egyptian pounds ($6.8 million) into its…
Financial Institutions AXA to reduce costs to boost earnings by 3%-7% Yomna Yasser Jun 21, 2016 0 French Insurance giant AXA released Tuesday its strategic plan for the next four years, saying it will cut costs,…
Financial Institutions AXA France CEO Nicolas Moreau to step down in June Yomna Yasser May 18, 2016 0 French insurer AXA SA CS said Wednesday the head of its French operations, Nicolas Moreau, will leave the company…
Financial Institutions Sawiris, Kanoo, IFC ink deal to acquire shares of AXA Investment Egypt Yomna Yasser Apr 20, 2016 0 The Egyptian branch of the French company AXA Investment signed Monday a preliminary agreement with two companies…
Financial Institutions French AXA expands property and casualty business in Africa with Lloyd’s Yomna Yasser Apr 19, 2016 0 France's AXA unveiled a joint venture in Africa with Lloyd's of London insurer Chaucer, seeking to enter the…
Financial Institutions AXA says CEO De Castries to step down Yomna Yasser Mar 21, 2016 0 French insurance giant AXA SA announced Monday that its Chairman and Chief Executive Henri de Castries will step…
Financial Institutions French AXA Insurance gets regulatory approval to buy Egypt’s CIL Yomna Yasser Nov 29, 2015 0 French insurance group AXA received approval from the Egyptian Financial Supervisory Authority (EFSA) to acquire…
Financial Institutions AXA: Insurers’ greater presence ‘pivotal’ to insure foreign investments in Egypt Yomna Yasser Sep 12, 2015 0 French insurance group AXA’s Deputy CEO Denis Duverne stresses the importance of expanding into the Egyptian…
Financial Institutions AXA’s Egypt portfolio to hit 1.5bn Egyptian pounds in 3 years Yomna Yasser Sep 5, 2015 0 French AXA Insurance Company is to invest some one billion Egyptian pounds (US$127.7 million) in their first year…
Financial Institutions AXA profit surge 2%, helped by weaker euro Yomna Yasser Aug 4, 2015 0 AXA SA CS reported Tuesday a 2% rise in net profit in the first half of the year, helped by a weaker euro. Europe's…
Financial Institutions Axa gets Regulatory Initial Approval to enter Egypt Insurance Market Yomna Yasser May 14, 2015 0 Egypt’s market regulator has given a preliminary approval to set up an Egyptian arm for the France-based leading…
Financial Institutions Africa Re: 2014 Total Investments hit US$893 million Yomna Yasser Mar 28, 2015 0 The African Reinsurance Corporation (Africa Re) registered a growth in total investments to US$893 million by end…
World Europe Shares Rally On Monday Amid Spain Aid Request Yomna Yasser Jun 11, 2012 0 European stock markets rallied on Monday after Spain over the weekend asked the European Union for aid to help the…