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Zurich to sell a portfolio of German life insurance policies to Cinven’s Viridium Group

by AIP Online Bureau | May 12, 2022 | International News, Life

French insurer AXA SA is also exploring a sale of German life insurance assets, people with knowledge of the matter said. The portfolio has attracted interest from suitors including Apollo Global Management Inc.’s Athora arm, according to the people Zurich Insurance...

AXA, Unilever to join new 1 bln euro regenerative agriculture fund

by AIP Online Bureau | May 11, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

The companies each aim to invest 100 million euros into the fund They said they signed a memorandum of understanding to establish a new private equity “impact” fund dedicated to enhancing biodiversity and mitigating climate change by scaling up...
AXA in India boosts telemedicine helpline with free specialist teleconsultation feature

AXA in India boosts telemedicine helpline with free specialist teleconsultation feature

by AIP Online Bureau | Mar 10, 2022 | Health, Indian News, Non-Life, Pandemic, Reinsurance

SAATH is a ‘One AXA’ public health initiative between AXA France Vie, AXA GO Business Operations, and AXA XL and provides free general and specialist consultation to more than 25 crore people in four states in India: Delhi, Haryana, Maharashtra and...
XL’s India FRB to shut down, to be merged with AXA France’s FRB

XL’s India FRB to shut down, to be merged with AXA France’s FRB

by AIP Online Bureau | Feb 2, 2022 | Indian News, Life, Non-Life, Regulation, Reinsurance

-Prior to the global merger- AXA group acquired XL group in 2018- both the groups had their own FRBs in India and are continuing to operate as separate entities in the country till now -IRDA confirms its stand formally to allow only one FRB belonging to the group....

Back in court – UK hospitality groups take on insurers over lockdown losses

by AIP Online Bureau | Jan 21, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance

Corbin & King, the owner of London’s Wolseley and Delaunay restaurants is suing AXA for around 4.5 million pounds in a dispute that hinges in part on the scope of “denial of access” cover, designed to protect insured venues that are shut by...
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