Insurance Post

Axa to take €339m restructuring hit

axa-thomas-buberl

Axa is expecting to take a hit of around €339m (£295m) in H1 2018 as a result of a restructure of its Swiss arm.

Axa Switzerland has entered into an agreement with its main occupational benefits foundations to convert their business model in to a semi-autonomous model by the end of the year.

Beginning 2019

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