French insurer Axa has signed a deal to sell its businesses in Greece to Italian competitor Generali for 165 million euros ($202.9 million) as part of its strategy to streamline activities to boost returns.
Axa, Europe’s second-biggest insurer behind Allianz , said it expects to close the transaction by the end the second quarter of next year.
Some 80% of risk leaders concerned about their organisations’ emerging-risk resilience in the next decade, according to a new WTW survey.
Dutch tech-enabled MGA provides P&C products, primarily land-based equipment, marine and high net worth, distributed via brokers through its proprietary distribution platform.
Artificial Intelligence has the potential to benefit both insurance professionals and consumers, says Doug Marquis, chief technology officer at Zywave.
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