PR Newswire/Les Echos/
press Paris - November 5, 2012
AXA has completed the acquisition of HSBC P&C
businesses in Hong Kong and Singapore
AXA announced today that it has successfully completed the acquisition of HSBC
P&C operations in Hong Kong and Singapore. Consequently, AXA and HSBC have
launched their exclusive P&C bancassurance cooperation in these countries.
The acquisition of HSBC P&C operations in Mexico will be completed in due
course, as well as the launch of the P&C bancassurance cooperation in Mexico,
China, India and Indonesia.
About the AXA Group
The AXA Group is a worldwide leader in insurance and asset management, with
more than 163,000 employees serving 101 million clients in 57 countries. In
2011, IFRS revenues amounted to Euro 86.1 billion and IFRS Underlying Earnings
to Euro 3.9 billion. AXA had Euro 1,065 billion in assets under management as
of December 31, 2011.
The AXA ordinary share is listed on compartment A of Euronext Paris under the
ticker symbol CS (ISN FR 0000120628 - Bloomberg: CS FP - Reuters: AXAF.PA).
AXA's American Depository Share is also quoted on the OTC QX platform under
the ticker sym bol AXAHY.
The AXA Group is included in the main international SRI indexes, such as Dow
Jones Sustainability Index (DJSI) and FTSE4GOOD, and is a founding member of
the UN Environment Programme's Finance Initiative (UNEP FI) Principles for
This press release is available on the AXA Group website
AXA Investor Relations: AXA Media Relations:
Mattieu Rouot: +22.214.171.124.46.85 Guillaume Borie: +126.96.36.199.49.98
Jennifer Lejeune: +188.8.131.52.39.27 Hélène Caillet: +184.108.40.206.55.51
Yael Beer-Gabel: +220.127.116.11.47.93
Florian Bezault: +18.104.22.168.59.17
Solange Brossollet: +22.214.171.124.73.60
Thomas Hude: +126.96.36.199.97.24
AXA Individual shareholder Relations: +188.8.131.52.48.43
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-0- Nov/05/2012 08:28 GMT
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