AXA Insurance rebrands to Gulf Insurance Group

23/06/2022 Argaam

Logo of AXA Cooperative Insurance Co.

AXA Cooperative Insurance Co. was rebranded to Gulf Insurance Group (GIG), according to a bourse filing.

 

The company completed the required procedures and paperwork. It also obtained the new commercial registration in the name of GIG.

 

Earlier this month, the company’s shareholders rebranding the insurance services provider to GIG, Argaam earlier reported.

 

In Sept. 2021, the Saudi insurer announced that AXA Mediterranean Holding S.A. (AXA Med) completed the sale of its 18% stake in AXA Cooperative to AXA Insurance B.S.C (AXA Gulf), at SAR 24.23 per share.

 

GIG owns 50% of the Saudi insurer.

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