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axa to sell hungarian life and savings

By International Adviser, 2 Jan 14

Axa has entered into an agreement to sell its Hungarian life and savings insurance operations.

Axa has entered into an agreement to sell its Hungarian life and savings insurance operations.

In late December, the Paris-headquartered insurer said it had agreed to sell the operation to Vienna Insurance Group.

The company said completion of the transaction is subject to “customary closing conditions”, including the receipt of regulatory approvals.
 

Tags: Axa

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.