On Monday, AXA unveiled AXA Global Private, a hub offering life insurance products and wealth management services for high-net-worth individuals in Asia. The platform caters to rich families seeking diversification, protection, and legacy planning. Sally Wan, CEO of AXA Greater China, highlights the growing use of life policies for estate planning and tax management by wealthy families. Wan notes that mainland Chinese policyholders make up half of AXA Hong Kong’s portfolio, with many coming through private banks. The insurer provides specialized coverages such as art collection insurance and kidnap-and-ransom protection. AXA’s revenue for last year increased by 6% to 116…
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