Insurance News Weekly outlines AXA Assistance 2010 financial results
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Aviva has announced the selling of the roadside assistance company RAC for GBP 1 billion to the private equity giant The Carlyle Group. Acquired in 2005 for GBP 1.1 billion, Aviva has since made profits by selling divisions of RAC such as RAC France, BSM motoring School or Auto Windscreens. This operation outlines Aviva's strategy to focus on its savings and insurance operations. AXA Assistance CEO Serge Morelli lead in a friendly and relaxed manner a press conference to announce the company's 2010 financial results. Net results have grown significantly form 12.6 million EUR in 2009 to 20 million EUR in 2010. Serge Morelli highlights these key figures for us and outlines the importance of their travel activity. Find all News Insurances videos here : http://live.news-assurances.com/ And here : http://www.newsinsurances.co.uk/toutes-les-videos
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