AXA To Sell Canadian P&C Business To Intact; Moody’s Comments

Paris, France-based AXA says it will sell its Canadian property and casualty and life and savings insurance operations to Toronto-based Intact Financial Corp. for CAD 2.6 billion ($2.7 billion at the current exchange rate).

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NU Online News Service, June 1, 2:54 p.m. EDT

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