France-based insurer AXA SA is selling its 15.6% stake in Taikang Life Insurance Co, China's fourth-largest life insurer, said Taikang Life's chairman, Chen Dongsheng, sources reported.Chen's speech came after a recent media report on the stake sale by AXA, which hoped to raise about US$1 billion via the...
AXA SA expects to raise about US$1 billion by selling its entire 15.6% stake in China's Taikang Life Insurance Co, sources reported, citing people familiar with the situation. The stake was inherited from Credit Suisse's insurance unit Winterthur, which French insurer AXA acquired in 2006 in a bid to enhance...
Nov. 20, 2008 (China Knowledge) - AXA SPDB Investment Managers Co Ltd said on Wednesday it would launch its first bond fund on Nov 24, according to sources.The fund is expected to invest at least...
* Temasek, Blackstone, KKR eyeing China unit stake-sources * Deal document discloses AXA stake details in Taikang * Document says Singapore's GIC owns 7.9 percent * First round bids due on Friday - sources (Adds...
HONG KONG, Oct 22 - French insurer AXA is in the early stages of selling its 15 percent stake in China's Taikang Life Insurance Company, in a deal that could fetch as much as $1...
* Samsung, AXA, Ergo to offer more insurance products online * AXA sees S.Korean online insurance growing dramatically SEOUL, Sept 24 - Auto insurance companies in South Korea, led by Samsung Fire & Marine Insurance...
* FTSEurofirst 300 up 0.5 pct, up for 14th time in 18 days * Better-than-feared earns from SocGen, Axa boost financials * Dip in oil prices weigh on energy shares PARIS, Aug 5 - European...
SYDNEY, Aug 5 - Australian life insurer and fund manager AXA Asia-Pacific Holdings Ltd <AXA.AX>, reported an 18 percent slide in net profit before one-offs, hit as expected by a slump in fund inflows amid...
China Ping An Trust & Investment Co Ltd, a subsidiary of the country's second-largest insurer, Ping An Insurance (Group) Co<601318><2318>, has inked a memorandum of understanding with AXA Real Estate Investment Managers to jointly develop high-end residential projects in China, the Wall Street...
SYDNEY, April 22 - Australian fund manager and insurer Axa Asia-Pacific Holdings Ltd <AXA.AX> forecast on Wednesday a very challenging year in 2009 and said industry sales continued to slow in the first quarter. For...