News Middle East01 Dec 2020

Middle East:Biggest Kuwaiti insurance group to acquire AXA's Gulf operations for US$269m

| 01 Dec 2020

Mr Khaled Saoud Al Hasan, group CEO of Gulf Insurance Group


French global insurer AXA announced yesterday that it has entered into an agreement with Gulf Insurance Group (gig) to sell its insurance operations in the Gulf region, which includes its shareholding in AXA Gulf, AXA Cooperative Insurance Company and AXA Green Crescent Insurance Company.

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