Axa

Resolution, the buy-out vehicle launched by entrepreneur Clive Cowdery, is highly unlikely to make any further acquisitions and will instead focus on developing new life products.

Axa has amended its critical illness product and unveiled a client support service for all products within its protection account.

Resolution confirmed it has acquired the Axa UK Life business, including its protection, corporate benefits and annuities arms.

Axa has insisted that it has no intention of selling its Bluefin Insurance Group and remains fully committed to the distribution market.

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AXA Group's sale of part of its UK Life business to Resolution Group has led to a 30% drop in income for the first half of 2010.

Axa's Protection Account has been added to the Webline portal's menu based product range.

Axa have re-affirmed their commitment to the private healthcare market and its Bluefin adviser group after selling its Life business to Resolution for £2.75bn.

Resolution has bought Axa's UK protection business as part of a deal for the whole of its Life organisation worth £2.75bn.

Advisers are concerned service quality could suffer if Resolution succeeds in a takeover of AXA's annuity, protection and group pension business.