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Axa loses $85.6 million in sale of Bluefin Insurance

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Axa loses $85.6 million in sale of Bluefin Insurance

French insurer Axa S.A. lost  £69.75 million ($85.6 million) when it sold off its U.K.-based insurance broker Bluefin Insurance Group Ltd. to U.S.-based insurance broker Marsh L.L.C., The Financial Times reported. Marsh paid £295 million for Bluefin.

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