FT airs Axa and Generali merger rumours...
Here is something to liven up a cold January evening. Tucked away at the back of an FT analysis on dealmaking in the insurance industry is a rather intriguing line about how "rumours circulated through last year that two of the big European insurers - Axa and Generali - would try to get together".
That's the first time I have heard of that rumour for a while but perhaps Oliver Ralph, the insurance industry hack at the Financial Times, is/was more plugged in than me.
Anyway, I have pasted a link below to the piece, which is actually entitled "megamergers off the menu as insurers select next targets".