Table of Contents
Is AXA leaving Singapore?
AXA announced today that it has entered into an agreement with HSBC* to sell AXA Insurance Pte Ltd (“AXA Singapore”). Under the terms of the agreement, AXA will sell AXA Singapore for a total cash consideration of USD 575 million (or Euro 487 million*).
Why did HSBC buy AXA?
HSBC Holdings said Monday it has agreed to buy AXA Singapore for $575 million to boost its global wealth and insurance franchise in the city-state and support its expansion across Southeast Asia. Southeast Asia’s growing affluence has boosted the number of high-net-worth people in Singapore and its neighbors.
Who is AXA owned by?
Sun Life & Provincial Holdings
Axa Health It was incorporated in 1940 with assistance from the British Medical Association, the King’s Fund, and the medical royal colleges. Guardian Royal Exchange Assurance bought it in 1998 for £435 million; a year later it was bought by Sun Life & Provincial Holdings, an Axa subsidiary.
Is AXA Wealth accelerate good?
AXA Wealth Accelerate may potentially be a good fit if the following matters to you: To participate in the long-term financial returns of investing. Liquidity or flexibility of withdrawal in your Insurance policy. Potentially higher financial returns compared to traditional Endowment and Whole Life Policy.
Does AXA still exist?
In 1991, French insurance firm AXA acquired majority control of The Equitable. In 2004, the company officially changed its name to AXA Equitable Life Insurance Company. In January 2020, it changed its name to Equitable Holdings, Inc. following its spinoff from AXA and the related public offerings beginning in May 2018.
What is AXA stand for?
AXA
| Acronym | Definition |
|---|---|
| AXA | Alpha Chi Alpha |
| AXA | Animal Crossing Ahead (online forum community/guide to the game Animal Crossing) |
| AXA | Antifactor Xa Activity (anesthesiology) |
| AXA | Auxiliary Artery |
What is AXA Wealth accelerate?
AXA Wealth Accelerate is a whole life, Regular Premium Investment Linked Plan(“ILP”) which rewards You with up to three types of bonuses (Start-up Bonus, Power-up Bonus and Loyalty Bonus) along the Policy term as You invest. You will also be protected against Death and Terminal Illness during the Policy term.
Is AIA Pro Achiever an ILP?
AIA Pro Achiever is a regular premium Investment-linked Plan (ILP) offered by AIA, which invests in ILP sub-fund(s). Investments in this plan are subject to investment risks including the possible loss of the principal amount invested.
How can I surrender a Bharti AXA policy?
The company may cancel the policy by giving 15 days’ notice in writing by registered post acknowledgment, due to the insured at his/their last known address in case of non-cooperation of the insured / insured person in implementing the terms and conditions of this policy, in which case the company shall be liable to …
What does HSBC Life Singapore’s merger with AXA mean for Singapore?
HSBC said in a statement that the combined unit comprising HSBC Life Singapore and Axa Singapore would be the seventh-largest life insurer and the fourth-largest retail health insurer in Singapore, with over 600,000 policies in-force covering life, health and property and casualty insurance.
What is AXA doing for responsible customer relations?
AXA promotes responsible customer relations through clear and transparent communication, marketing of our products, and responsible claim handling. Learn more AXA strives to be a responsible employer, placing employee engagement at the heart of its business strategy.
What is AXA doing to help the environment?
AXA is always looking for a long-term balance between environmental, social and economic concerns. Learn more AXA is committed to reducing its direct impact on the environment by actively managing its energy, CO2 emissions, and waste. Learn more
What is AXA’s adventure?
AXA’s adventure. AXA’s incredible adventure was born out of the dedication of a handful of men and women, led by Claude Bébéar, whose dream was to transform a small mutual insurer from Normandy into a world leader for insurance. Discover AXA’s history.