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Axa to buy Laya Healthcare in deal worth €650m

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French insurance giant entered into an agreement to buy Laya from Corebridge Financial Inc., a subsidiary of AIG

Axa, the French insurance giant, has announced it is to buy Laya Healthcare, the second largest health insurer in the Republic of Ireland, in a deal worth €650 million.

Axa said it had entered into an agreement to buy Laya from Corebridge Financial Inc., a subsidiary of AIG. Laya has a leading position in the Irish health insurance market with around 28 per cent market share, serving 690,000 members and generating around €800 million in ...

 

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