Axa to sell Singapore business to HSBC for $575mn
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Axa to sell Singapore business to HSBC for $575mn

Samuel Casey
16 August 2021
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Axa has agreed to sell Axa Singapore to HSBC for a total cash consideration of $575mn, as the carrier looks to continue simplifying its business.

The Singapore business is a composite insurer offering life, health and P&C business, distributing its products through agents and local partnerships to around one million customers.

The

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Topics

Axa News Re/insurers M&A
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Samuel Casey
Senior Reporter
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