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International

Axa agrees to acquire Spanish P&C insurer for over $300 million

October 19, 2022 Reprints

French insurer Axa SA has agreed to acquire Spain-based insurer Groupe Assurances du Credit Mutuel Espana (GACM Espana) for €310 million ($305 million) in a bid to strengthen its foothold in the Spanish market, Capital.gr reported. GACM Espana primarily operates in the property, casualty and health insurance space.

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Axa agrees to acquire Spanish P&C insurer for over $300 million

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