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AXA hopes Egyptian arm to seize 9% of its worldwide businesses
Islam Abdelhameed Published in Amwal Al Ghad on 06 - 09 - 2015

French insurance group AXA hopes that its newly-launched Egyptian arm would contribute 9 percent to the group's total businesses worldwide, deputy CEO Denis Duverne said Thursday.
AXA is determined to increase its presence in Africa, he added.
Duverne made his remarks on the sidelines of a press conference to announce the launch of AXA Egypt. The French insurer announced during the conference that it has obtained the licence to start insurance activities in Egypt from the market regulator, the Egyptian Financial Supervisory Authority (EFSA).
AXA Egypt offers life, health, property, accident insurance services for individuals, Small and Medium-sized Enterprises (SMEs), and corporations.
AXA, France's largest insurer, is a multinational, investment banking firm headquartered in the 8th arrondissement of Paris that engages in global investment banking, securities, investment management, insurance, and other financial services.
AXA is one of the world leading insurance and asset management groups, serving 102 million clients, individuals and business, in 56 countries.

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