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AXA UK Splits Its Non-life Operations

AXA UK, part of the France-based AXA Group, has recently announced the restructuring of their non-life operations into two self-contained business units, namely commercial lines and personal lines, with each of them having their own CEO and management teams. The heads of these two new units will report to AXA UK group chief executive Paul Evans, who has also been recently named as a replacement to outgoing Philippe Maso.

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Partnership between AXA and BNP Paribas Renewed

French financial services firm BNP Paribas and Paris-based AXA Group have mutually agreed to renew their long-standing agreement, dating back to December 2005, through various industrial projects for an additional three years. The recently signed new agreement will be automatically renewed in an annual basis.

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