Axa increases stake in Indian joint ventures to 49%
Taking advantage of new regulations Axa has increased its stake from 26% to 49% in Bharti Axa General Insurance and Bharti Axa Life Insurance.
Bharti Axa General Insurance collected 14.6bn rupees (£145m) in the fiscal year 2014 to 2015 with an average growth of 18% per year over the last three years; the life insurance arm collected 4.7bn
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