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1999

Insurance Valuation News

Natmut Denies Pressure To Sell Asian Operations

Friday May 28, 1999
National Mutual has angrily denied claims that its parent, the French insurance giant Axa, was preparing to buy out its Asian operations by forcing down the value of the business. National Mutual's chief financial officer, Mr Tony Summers, said it was not true that Axa was pressuring NM to lower