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.
