Insurance companies in 2023: restructuring, new brand and cession

March 06, 2024

strategy

Restructuring / New brands / Cessions

January:
Spain: CNP Assurances completes the sale of its Spanish life insurance subsidiary
February:
France: Towards the privatization of 70% of CCR Re's capital Italy: AXA sells its stake in Banca Monte dei Paschi di Siena
April:
United Kingdom: Sun Life Financial sells its UK life insurance business Togo: Sanlam Assurances Vie Togo becomes NSIA Vie Assurances Togo
May:
Germany: Generali sells its life insurance subsidiary in Germany United Arab Emirates: Dubai Islamic Insurance & Reinsurance to sell its individual life insurance portfolio
June:
Africa: NEXI Japan, new shareholder of the Agency for Trade Insurance in Africa
July:
Africa: Rebranding of the Agency for Trade Insurance in Africa Bermuda: AXA to sell or list AXA XL Re on the stock exchange Côte d’Ivoire: SUNU sells its stake in BICICI France: Ageas sells its life insurance business in France Middle East: RSA Middle East and NLGIC merge their activities under the Liva brand
October:
Burkina Faso: SONAR Group: new name, new visual identity Italy: Generali sells its Tua Assicurazioni subsidiary to Allianz India: AXA sells its stake in Bharti AXA Life Insurance
November:
Spain: Major structural reshuffle at MAPFRE Group

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