Canada’s Fairfax Financial Holdings has bought France’s AXA Insurance (Kiev) for $16 million

Tuesday, February 19, 2019
Canada’s Fairfax Financial Holdings has bought France’s AXA Insurance (Kiev) for $16 million

Canada’s Fairfax Financial Holdings has bought France’s AXA Insurance (Kiev) for $16 million. In Ukraine’s insurance market since 2007, AXA has 780 employees and 1,220 agents in Ukraine. At the end of last year, the company collected $68 million in insurance premiums. Toronto-based Fairfax has $65 billion in total assets and an investment portfolio of $39 billion.

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