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HSBC wins bid to acquire insurer Axa Singapore

Natalie Koh
HSBC Life Singapore and Axa Singapore will merge operations to form the city-state's seventh-largest life insurer based on annualised new premiums.
HSBC wins bid to acquire insurer Axa Singapore

HSBC Insurance Holdings will acquire Axa Singapore for $575 million, the London-headquartered bank announced in a statement on Monday (Aug 16).

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