AXA Insurance completed the acquisition of UK Commercial Business of Ageas for £48m.

AXA Insurance, global insurance company, completed the acquisition of UK Commercial Business of Ageas, a provider of Personal and Commercial insurance, for £48m. “I look forward to welcoming the new members of the AXA Commercial team and the additional underwriting and operational expertise they bring,” he said. “AXA is committed to being a partner of choice for our customers both by continuing to strengthen our business, and by developing new propositions, designed to respond to customer needs,” Jon Walker, AXA Commercial Chief Executive Officer.