French insurer AXA looks for growth in Türkiye


Milliyet - French insurance company AXA has set its sights on the inorganic growth in Türkiye, gearing up for an acquisition, according to the company’s Chairman and CEO Henri de Castries.


Singling Türkiye out as the preferred address for their investments, de Castries said AXA will continue to grow in the country by both organic and inorganic means.


“Türkiye is a major country for our investments, where we expect strong economic growth. As Türkiye’s insurance market expands, AXA is improving its products and services accordingly. Having experienced the rapid growth in the country last year, we shall focus on organic growth and acquisitions. As one can observe from our operations in Türkiye in the last 15 years, Türkiye has the edge for AXA’s investments”, said de Castries.

Türkiye; investment; insurance sector; financial services sector; organic growth; inorganic growth; acquisition; AXA; Hendi de Castries; insurance company