Axa have re-affirmed their commitment to the private healthcare market and its Bluefin adviser group after selling its Life business to Resolution for £2.75bn.
The sale of the life arm includes its protection, pension and group pensions books.
Axa's other UK businesses, including AXA-PPP healthcare, general insurance and Bluefin (which provides financial solutions and insurance to individuals and companies) are not part of the sale, and the provider says it will continue with their long term growth plans underlining a commitment to the UK.
Nicolas Moreau, CEO of AXA UK, is keen to emphasise its dedication to the UK market despite the sale.
"We have all the ingredients for future success - a clear strategy, a compelling brand, attractive products, enhanced customer service and strong capital management - and I am confident that this will position us well to grow our UK wealth management, general insurance, healthcare insurance and Bluefin businesses over the coming years," he says.
