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Feb 11, 2022 · AXA Singapore’s operations complement HSBC’s existing local insurance business, HSBC Insurance (Singapore) Pte Ltd (HSBC Life Singapore). AXA Singapore’s large retail and corporate customer base, multiple distribution channels, and complementary insurance products will allow HSBC to materially scale up and diversify its insurance and ...
Feb 10, 2022 · AXA announced today that it has completed the sale of AXA Insurance Pte Ltd (“AXA Singapore”) to HSBC Insurance (Asia-Pacific) Holdings Ltd (“HSBC”), for a total cash consideration of USD 529 million (or Euro 463 million).
AXA Insurance Pte Limited (AXA Singapore). Today, I am pleased to inform you that HSBC has successfully completed the acquisition and would like to take the opportunity to update you on what this means for you as an existing AXA customer.
Aug 15, 2021 · 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*).
HSBC Insurance (Asia-Pacific) Holdings Ltd, an indirect wholly-owned subsidiary of HSBC Holdings plc (HSBC), has entered into an agreement to acquire 100% of the issued share capital of AXA Insurance Pte Limited (AXA Singapore) for US$575m.
HSBC announced the completion of the legal integration of AXA Insurance Pte Limited (AXA Singapore) and HSBC Insurance (Singapore) Pte. Limited. via a Scheme of Transfer, and the start of its insurance operations as a combined business under “HSBC Life (Singapore) Pte. Ltd.” (HSBC Life Singapore).
May 19, 2022 · SINGAPORE - HSBC's recent acquisition of AXA Singapore will double its share of the local life insurance market and comes as the bank aims to sharply lift invested assets here by 2025, said a...
