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Examples
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Today 70% of Axa's 13,000 employees spend an hour or more a month planning their finances.
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Today 70% of Axa's 13,000 employees spend an hour or more a month planning their finances.
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Speculation was swirling on Friday that Prudential UK is Cowdery's next target after Resolution last week agreed to acquire Axa's life insurance assets for £2. 75bn.
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Resolution is focused on completing the acquisition of Axa's UK-based traditional life and pensions businesses for
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Ltd. said that it is in talks over the potential acquisition of the majority of Axa's U.K. life-assurance business.
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L&G has in the past been touted as a target for Clive Cowdery's Resolution group, which recently bought Axa's UK life business.
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The positive reaction to the sharp declines in Axa's first-half headline numbers shows just how low expectations of the European insurance sector remain.
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One area worryingly showing no improvement is Axa's asset management businesses.
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Axa's share price was boosted more than 5% Wednesday thanks to its better-than-expected results.
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Shares in Axa fell 16% after Standard & Poor's downgraded its outlook for the French insurer to negative, predicting a material decline in profitability as the current crisis weighs on Axa's capital position.
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