Resolution Bolsters Friends with Axa Life Insurance Deal

The HeraldJune 25, 2010

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Summary


FRENCH financial services giant Axa pledged to remain in the UK market after selling a large chunk of its British life insurance business to Resolution for pound(s)2.75bn.

Resolution will take over Axa's pension, protection and savings operations.

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Extract


Resolution Bolsters Friends with Axa Life Insurance Deal

These will merge with the Friends Provident business that Resolution bought for pound(s)1.8bn last ye...

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