AXA (ADR) (Public, NYSE:AXA) is the holding company of the AXA Group. It operates through five business segments: Life & Savings, Property & Casualty, International Insurance, Asset Management and Banking.
The Life & Savings segment offers a range of life and savings products, including individual and group savings retirement products, life and health products. The Property & Casualty segment includes a range of products, including mainly motor, household, property and general liability insurance for both personal and commercial customers. The International Insurance segment’s operations include insurance products that specifically relate to AXA Corporate Solutions Assurance. The Asset Management segment includes diversified asset management (including investment fund management) and related services. The Banking Segment includes banking activities conducted primarily in France and Belgium.
Namibians sue Icelanders over USD 29m trawler Namibia
Two Namibian fishing companies are asking the High Court to block their Iceland business partners from selling a fishing vessel worth NAD 400 million (USD 28.6 million) they jointly own.