Charter Ping An Insurance News

China’s Ping An Insurance Now Second Largest Shareholder in Britain’s HSBC Bank

HSBC has a three-year head start on its foreign investment banking rivals in China because of the British bank’s unique position of having management control of its securities venture there, chief executive Stuart Gulliver said on Thursday. Gulliver’s comments come …

AXA Completes Acquisition of Charter Ping An Insurance in Philippines

AXA Philippines announced it has completed the acquisition of Charter Ping An Insurance Co. for €40 million ($45.6 million) from GT Capital. The acquisition of CPA, the fifth largest non-life insurer in the Philippines, enables AXA Philippines to offer property …

AXA to Buy Charter Ping An in Philippines, Eyeing P&C Growth Opportunities

AXA Philippines announced it will acquire 100 percent of Charter Ping An Insurance Corp. from GT Capital for 45 million euros ($48.3 million). The acquisition will enable AXA Philippines to offer property & casualty insurance products, along with its current …