Axa sells insurance broker Bluefin

Axa S.A. has sold its U.K.-based insurance brokerage Bluefin Insurance Group Ltd. to U.S.-based insurance broker Marsh L.L.C., The Telegraph reports. The sale marks Axa's latest step back from Britain and other European countries as it looks to expand in faster-growing regions. The deal is expected to complete in the first quarter of 2017.

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