Martin Lee @ Sg
Sharing is Caring!

Tag Archives for " AXA "

AXA to buy General Insurance and Group Life of HSBC Insurance Singapore

AXA and HSBC announced yesterday they have entered into an agreement whereby AXA would acquire HSBC’s Property & Casualty (P&C) businesses in Hong Kong, Singapore and Mexico. In addition, AXA will benefit from a 10-year exclusive Property & Casualty bancassurance agreement with HSBC in these countries as well as in India, Indonesia and China. This […]

Continue reading

AXA Term Protector Launch

AXA Life has launched a new term plan, their AXA Term Protector. This replaces their previous term plan, Future Protector. The main difference between this term plan and their previous term plan is that the premiums are priced more competitively. If you have a pending application of FutureProtector, you have the option of changing into […]

Continue reading

CIMB Max InvestSave Structured Deposit

Someone asked me about the CIMB Max InvestSave Structured Deposit. This is a long term (15 or 25 years) structured deposit that can give you equity-like returns via exposure to the CIMB Evergreen II Index. The CIMB Evergreen II Index tracks a wide range of markets across major economic regions and asset classes which adopts […]

Continue reading

AXA Sees Red Over Finexis Insurance Promotion

Over the weekend, it was reported in the newspaper that insurer Axa Life was trying to claw back S$7 million worth of commissions paid out to Finexis, one of the financial advisory firms in Singapore. The reason was over the high lapse rate or surrender of a particular term plan, Future Protector, that Finexis was […]

Continue reading