AXA agrees with Uniqa to sell CEE business for 1 billion euros
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PARIS (Reuters) - France's AXA said on Friday it had agreed with Austrian insurer Uniqa to sell its operations in Poland, Czech Republic and Slovakia for 1 billion euros (849.2 million pounds).AXA is quitting markets where it lacks scale as part of a deep restructuring to cope with a negative interest rate environment.The sale would help improve AXA's solvency ratio by 2 points, the insurer said, adding that it did not expect any significant impact on its net income from the sale.Uniqa said in..