AXA announced today that it has completed the sale of its Life & Savings, Property & Casualty and Pension businesses in Poland, Czech Republic and Slovakia to UNIQA Insurance Group AG ('UNIQA'), for a total cash consideration of Euro 1.0 billion.
The completion of the transaction is expected to result in a positive impact of +2 points on AXA Group's Solvency II ratio in 4Q20.
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AXA SA published this content on 15 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 October 2020 16:19:09 UTC