Reinsurance News

GACM España

AXA acquires Groupe Assurances du Crédit Mutuel España

13th July 2023

Global insurer AXA has announced the completion of the acquisition of Groupe Assurances du Crédit Mutuel España (GACM España). GACM España is a predominantly P&C and health insurance subsidiary in Spain. Under the terms of the transaction, AXA has acquired GACM España for a total cash consideration of €310 million, in line ... Read the full article

AXA eyes growth in Spain with acquisition of GACM España

18th October 2022

AXA Spain, a division of the global insurance group, has entered into exclusive negotiations with Groupe des Assurances du Crédit Mutuel for the potential takeover of Groupe Assurances du Crédit Mutuel España (GACM España), its predominantly P&C and health insurance subsidiary in Spain. AXA is looking to acquire GACM España for a ... Read the full article