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Turkey is a promising market, AXA ceo
  27.05.2011


Henri de Castries, Chairman & Chief Executive Officer of the Axa Group, said on Wednesday that Turkey was a promising market.



 


"We want to double our investments in Turkey," de Castries said while addressing a meeting in Istanbul where 350 CEOs of Axa convened.

In an exclusive interview with the A.A correspondent, de Castries gave information about insurance sector in Turkey and targets of Axa.

He said Axa was aiming at growth particularly in areas of household insurance, accident insurance, and life insurance, "Turkey is one of the most important economies in Asia, Central and East Europe and the Mediterranean region. We have been operating in Turkey for 10 years. We see Turkey as a very strong economy in the future. We are pleased over the results of Axa Turkey. We win new customers as our operations are competitive."

De Castries said although all the sector lost money, the accounting profit of Axa insurance was posted at 87.3 million lira after the taxes.

Axa CEO underlined the importance the company felt to future of Turkey's economy.

  
  

Source : AA
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