AXA completes sale of Winterthur's US property and casualty insurance business

AXA announced today that it has successfully completed the sale of Winterthur's US property and casualty insurance business to QBE Insurance Group for $1,156m.

The transaction was first announced January 4, 2007 and followed AXA’s decision to put Winterthur's US operations under strategic review.

The sale was completed on 31 May.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.