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Axa acquires MBASK insurer

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Magazine Issue: 
The crash tests [3]
Magazine date: 
Nov 2010

The European Bank for Reconstruction and Development (EBRD) has ceded 51% of MBASK insurer's to Axa. The amount of the transaction has not been disclosed. The remaining 49% are held by Eldar Garibov, chairman of the board of directors of the Azerbaijan insurer. MBASK will be managed by Axa's Turkish subsidiary. MBASK has a network of 300 agents and is specialized in non-life insurance.

Fri, 19/04/2013 - 10:20

Source URL: https://www.atlas-mag.net/en/article/axa-acquires-mbask-insurer

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