Axa CEO Maso insists it has no plans to sell broking arm Bluefin

The announcement follows the resurfacing of the long-standing rumour that the French insurer plans to sell the intermediary business it has assembled since 2007 beginning with Stuart Alexander and Layton Blackham. Philippe Maso, CEO Axa Insurance and a member of the Bluefin Insurance Group board says: "We are very happy with the investment we have made in Bluefin Insurance Group, which is proceeding satisfactorily and has made substantial progress over the past two years in difficult market conditions. "We have a clear strategy in place evidenced by recent acquisitions. Managing distr...