Friday, March 23, 2007

 

AXA and BMPS Join Forces in the Italian Bancassurance and Pensions Market

AXA and BMPS announce today that they have reached an agreement for the establishment of a long-term strategic partnership in life and non-life bancassurance as well as pensions business.

"This partnership with AXA is a great opportunity to consolidate and further strengthen BMPS's position in the Italian bancassurance and pensions market," said Mr. Giuseppe Mussari, Chairman of BMPS. "I believe that BMPS's customer franchise coupled with AXA's global leadership in financial protection will result in a new leading player able to offer the best products and services, and to capture all opportunities in the Italian bancassurance and pensions market. Joining forces with AXA," Mr. Mussari added, "also paves the way for BMPS further international development."

AXA and BMPS Join Forces in the Italian Bancassurance and Pensions Market
Source: Yahoo! Finance

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