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AXA completes €650m takeover deal for Laya Healthcare

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The French insurance giant said the deal would “fast track” its entry into the Irish health insurance market

Axa, the French insurance giant, has completed its €650 million takeover of Laya Healthcare, the second largest health insurance group in Ireland.

The companies first announced in August this year they were in the final stages of negotiating a deal in what is a significant shake-up of the Irish health insurance industry. Laya has a leading position in the Irish health insurance market with around 28 per cent market share, serving 690,000 members and generating ...

 

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