AXA is reported to be in discussions regarding the possible acquisition of Winterthur from Credit Suisse for an estimated $8bn, according to reports.
While skeptical about the report, investment bank, Keefe, Bruyette & Woods said it believes that Winterthur would make a “good fit” for AXA.
It added: [AXA] is likely to have good knowledge of Winterthur from the trade sale process of two years ago and so might feel that it can strike a deal with Credit Suisse at a good price because the latter is concerned about the impact of current market volatility on the IPO."
Furthermore, KBW said that Winterthur has a strong standing in Switzerland and other European markets, which would appeal to AXA.
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.
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.
