AXA
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Axa Life Insurance Hikes Share Capital To RON95.2M
The share capital of Axa Life Insurance was increased to RON95.2 million, following a capital injection of RON20.5 million, according to a press statement of the Financial Supervisory Authority (ASF).
Financial Regulator Rejects SAI Certinvest's Acquisition Of Insurer Axa
Romania's financial regulator ASF has rejected SAI Certinvest's move to take over the local life insurance operations of France's Axa, citing unfulfilled reputation, integrity and financial...
Axa Sells Life Insurance And Savings Operations To SAI Certinvest And SIF Transilvania
French insurance group Axa has sold its Romanian life insurance and savings operations to SAI Certinvest and SIF Transilvania, exiting the Romanian market.
French AXA Increases Capital Of Romanian Subsidiary
AXA Asigurari, the local subsidiary of French group AXA, raised its capital by EUR1.1 million in August, with total capital injections by the French group reaching some EUR3 million in 2014,...
AXA Cancels Sale Of Romanian Operations To Local Insurer Astra
French insurance group AXA has terminated a contract under which it was to sell its Romanian business AXA Life Insurance Romania to local insurer Astra Asigurari and is looking at other stra...
ASF: AXA’s Takeover By Astra Conditioned By Astra’s Capital Hike And Financial Recovery
The transaction through which insurer Astra Asigurari will take over the Romanian division of French group AXA will be approved provided Astra increases its share capital and recovers financ...
AXA Books EUR26M Loss On Sale Of Romanian Operations
French-held insurer AXA, which decided to pull out from Romania at the end of last year, booked a EUR26 million loss on the sale of its local life insurance operations, its annual report rev...
Romanian Antitrust Watchdog Looks Into Astra Taking Over AXA Life Insurance
Romanian antitrust authorities are looking into the takeover of Axa Life Insurance, the local, subsidiary of French group AXA, by the Romanian leading insurer Astra Asigurari.
Takeover Confirmed: Astra Buys AXA’s Local Subsidiary
French group AXA confirmed Friday it sold its operations in Romania to insurer Astra Asigurari, owned by Romanian businessman Dan Adamescu, and will exit the local market.