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10 Φεβ 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****).
13 Μαρ 2022 · HSBC has said it will cease to offer AXA Singapore's motor and commercial lines insurance product classes by the middle of the year. HSBC Insurance, an indirectly owned subsidiary of the...
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Profit revisions. -- AXA exited the insurance business in Singapore following the $529 million sale of its AXA Singapore business to HSBC unit HSBC Insurance , according to a Friday release. The consideration for...
11 Φεβ 2022 · 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 wealth business in Singapore.
15 Αυγ 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*).
16 Αυγ 2021 · (RTTNews) - French insurer Axa SA (AXAHY.PK) announced Monday its agreement to sell its insurance operations in Singapore to Asia-focused lender HSBC Holdings Plc (HSBC, HSBA.L) for $575...