Axa life insurance ↝ Life insurance

Exclusive: AXA Hong Kong CIO joins New World Development’s FTLife, Asset Owners, AsianInvestor

AXA Hong Kong chief investment officer and Asia head of asset and liability management (ALM) Richard Chan has joined local business conglomerate New World Development’s insurance company FTLife. Chan commenced in the position as FTLife Insurance Company’s chief investment and ALM officer on Monday (September 26). This is the first time that FTLife has combined the CIO and ALM responsibilities into one role. “For me, this is the right model for an insurer to make sure that all decisions are made on a total balance sheet risk and return perspective,” Chan told AsianInvestor. As the new CIO, Chan replaced Ken Hu, who has led FTLife’s investment team since...

Term Life Insurance Market See Huge Growth for New Normal, Allianz, AXA, Generali - Digital Journal

New Jersey, United States, Sept. 20, 2022 /DigitalJournal/ The Term Life Insurance Market research report provides all the information related to the industry. It gives the markets outlook by giving authentic data to its client which helps to make essential decisions. It gives an overview of the market which includes its definition, applications and developments, and technology. This Term Life Insurance market research report tracks all the recent developments and innovations in the market. It gives the data regarding the obstacles while establishing the business and guides to overcome the upcoming challenges and obstacles. term life insurance policy is the simplest and purest form of life...

Generali Group

Milan – Generali has completed the acquisition of the majority stakes in the AXA-Affin joint ventures in Malaysia, therefore becoming a top-tier General Insurer player in the country, in line with its strategy to strengthen its leadership position in high potential markets. Generali has acquired a 70% stake in the AXA Affin Life Insurance joint venture (49% from AXA and 21% from Affin) and an approximate 53% stake in the AXA Affin General Insurance joint venture (49.99% from AXA and 3% from Affin). The Group has also increased its current 49% stake in MPI Generali Insurans Berhad to 100%, acquiring the shares held by its Malaysian joint venture partner, Multi-Purpose Capital Holdings...

How to get to Bharti Axa Life Insurance in Malad West by Bus, Train or Metro?

Bus stations near Bharti Axa Life Insurance in Malad West Train stations near Bharti Axa Life Insurance in Malad West Bus lines to Bharti Axa Life Insurance in Malad West What are the closest stations to Bharti Axa Life Insurance? The closest stations to Bharti Axa Life Insurance are: Rani Sati Nagar is 28 meters away, 1 min walk. Rajasthani Sammelan Camps/Chincholi is 373 meters away, 5 min walk. New Era Talkies is 475 meters away, 7 min walk. Malad Railway Station (W) / Anand Marg Chowky is 523 meters away, 7 min walk. Malad Station - E (Poddar Park) is 730 meters away, 10 min walk. Goregaon is 976 meters away, 13 min walk. Which Bus lines stop near Bharti Axa Life Insurance? Which Train...

Bharti AXA Life unveils new integrated campaign and sonic brand identity with Vidya Balan

Bharti AXA Life unveils new integrated campaign and sonic brand identity with Vidya Balan The company has launched four TVCs under the brand’s #DoTheSmartThing proposition to simplify insurance and provide Indians with a smart-er choice in value, products and services Bharti AXA Life, a joint venture between Bharti Enterprises and AXA, has announced the launch of its integrated campaign as part of the brand's #DoTheSmartThing proposition. The multimedia campaign conceptualised by L...

Athora Announces Closed Life Book Transaction with AXA Germany, Business Wire

PEMBROKE, Bermuda--( BUSINESS WIRE )--Athora Holding Ltd. (Athora or the Group), a leading European savings and retirement services group, has announced that its subsidiary, Athora Deutschland GmbH (Athora Germany), has agreed to acquire a closed book portfolio of deferred annuities and endowments of the former DBV-Winterthur Life (DWL) from AXA Germany, representing €19 billion in assets under administration (AuA), for a purchase price of €610 million which is a significant discount to own funds. Including an estimated €50 million of statutory earnings for 2022, AXA Germany is expected to receive €660 million. Subject to closing, Athora Germany will have €24 billion of AuA and 1.1 million...

AXA to sell a closed life pensions insurance portfolio to Athora Germany - Reinsurance News

AXA to sell a closed life & pensions insurance portfolio to Athora Germany AXA Germany has reached an agreement to sell a portfolio of life and pensions insurance reserves worth €16 billion. Under the terms of the agreement, AXA Germany will sell the portfolio to Athora Germany for a consideration of EUR660 million. AXA noted that the portfolio has been closed to new business since 2013 and is mainly composed of traditional savings policies, with an average guaranteed rate of 3.2%. At the same time, the reduction of guarantees on AXA’s balance sheet resulting from the sale will further diminish the Group’s exposure to financial market risk. The transaction is expected to close at the...

Germany Life Non-Life Insurance Market Report 2022: Featuring Key Players Allianz, Generali Deutschland, AXA Konzern Others - , Business Wire

Germany is the country having the world's fifth-highest number of coronavirus cases. This has created a positive impact on the Germany life and non-life insurance market. On the other hand, COVID-19 has been difficult for insurers facing potential losses and uncertainty owing to high claim pay outs during the pandemic. It has also brought about potential scope for new products to offer the market. The German insurance sector is divided into three types of insurance firms: public, mutual and state-owned insurers. Few large firms are stock-listed, though the market is characterized by a large number of insurance firms. As a result, consolidation is ongoing and expected to accelerate in the...

Bharti sells entire stake in insurance JVs with AXA to RIL - The Hindu

Bharti sells entire stake in insurance JVs with AXA to RIL After nearly five years of its association, the Bharti group on Friday exited from its financial services joint ventures with French firm AXA and sold its entire 74 per cent stake in general and life insurance businesses to Mukesh Ambani-led RIL for an undisclosed amount. “The decision is in line with the Bharti's strategy of focussing its energies and financial resources in businesses where it is making a deeper impact in India and overseas. At present, the financial services ventures do not fit into Bharti's long-term growth plans,” the company said in a statement. The company had entered into these joint ventures with...

Krungthai-AXA Life pledges commitment to green future

For a life insurance business, climate change is a medium-to-long-term risk with a complex quantification of impacts on various human activities. A strategy adopted by Krungthai-AXA Life Insurance (KTAXA), under the multinational insurance group AXA, is not only to adapt, but also to take advantage of its resource and expertise through extensive risk management to provide solutions to customers, whom they view as “partners at every stage of life.” “We are well-equipped with the vast amount of data we collect, the research we conduct, and the funds to address climate-related risks,” said Bubphawadee Owararinth, Chief People and Brand & Communications Officer, Krungthai-AXA...