Denis Duverne News

Denis Duverne, Director, Deputy CEO, AXA

AXA expands Africa operations in joint venture with Lloyd's specialty group Chaucer

AXA is targeting the rapidly expanding market for African specialty insurance by partnering with Chaucer, a Lloyd’s specialty insurance group.

Jumia is AIG’s main subsidiary and operates in 11 African markets.

AXA buys 8% stake In Africa Internet Group for €75M ($85M) valuing company at over $1B

French insurance giant AXA announced today it is investing €75-million to take a 8% stake in Africa Internet Group (AIG), one of the continent’s largest e-commerce operations.