M&A Deal Summary |
|
|---|---|
| Date | 2020-02-07 |
| Target | AXA Czech Republic and Slovakia |
| Sector | Insurance |
| Buyer(s) | UNIQA Insurance Group |
| Sellers(s) | AXA |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1811 |
| Sector | Insurance |
| Employees | 14,748 |
| Revenue | 5.5B EUR (2020) |
UNIQA Insurance Group is one of the major insurance groups in its core markets of Austria and Central and Eastern Europe (CEE). Company have approximately 40 companies in 19 countries and serve more than 10 million customers. With UNIQA and Raiffeisen Versicherung, company have the two strongest insurance brands in Austria and are well positioned in the CEE Markets. UNIQA Insurance Group was incorporated in 1811 and is headquarters in Vienna, Austria.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector (Insurance) | 4 of 4 |
| Type (Divestiture) | 4 of 4 |
| Country (Czech Republic) | 1 of 1 |
| Year (2020) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-07 |
AXA Poland
Paris, Poland AXA Poland offers a full range of Life and Savings (L&S), Property and Casualty (P&C), Pension, and Asset Management products and solutions to ca. 3.2 million customers. The company has 1,575 employees and distributes its products through two tailored multichannel networks, dedicated to P&C and L&S. It also benefits from an exclusive and multi-product bancassurance partnership with mBank. |
Buy | - |
AXA is a provider of financial protection and asset management services primarily in western Europe, North America, the Asia Pacific region, the Middle East, and Africa. The Company offers a range of life and savings products, including individual and group savings retirement products, life and health products. Property & Casualty segment includes a range of products, including motor, property and general liability insurance for both personal and commercial customers. was founded in 1852 and is based in Paris, France.
| DEAL STATS | # |
|---|---|
| Overall | 13 of 15 |
| Sector (Insurance) | 12 of 13 |
| Type (Divestiture) | 12 of 14 |
| Country (Czech Republic) | 1 of 1 |
| Year (2020) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-07 |
AXA Poland
Paris, Poland AXA Poland offers a full range of Life and Savings (L&S), Property and Casualty (P&C), Pension, and Asset Management products and solutions to ca. 3.2 million customers. The company has 1,575 employees and distributes its products through two tailored multichannel networks, dedicated to P&C and L&S. It also benefits from an exclusive and multi-product bancassurance partnership with mBank. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-31 |
AXA Insurance
Athens, Greece AXA Insurance is an insurance company that offers a broad suite of products to more than 600,000 customers. It has 249 employees and distributes its products through a diversified distribution mix consisting of an exclusive bancassurance partnership with Alpha Bank, agents, brokers as well as direct distribution channels. |
Sell | $165M |
