The Greek subsidiary of AXA insurance group on Monday announced that it sold its life insurance and general policy activities in Greece to the Generali group for 167 million euros.

AXA is a global leader in the credit and insurance sector, with 153,000 employees worldwide, serving more than 105 million customers in 54 countries.

The group reported earnings of 96.7 billion euros in 2020, with operating profits of 4.3 billion euros.

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