AXA announced today that AXA Philippines had completed the acquisition of 100% of Charter Ping An Insurance Co. (“CPA”), the #5 non-life insurer in the Philippines (1) for a total amount of Euro 40 million (2). This acquisition allows AXA to offer Property & Casualty insurance products alongside its current range of Life & Savings products. AXA also extends its successful bancassurance partnership with GT Capital and Metrobank, the #2 bank in the country (3), to include the distribution of Property & Casualty insurance products. (1) Source: Philippines Insurance Commission (2) EUR 1 = 52.2981 PHP as of March 31st, 2016 (3) Source: Central Bank of Philippines.

AXA announced today that AXA Philippines had completed the acquisition of 100% of Charter Ping An Insurance Co. (“CPA”), the #5 non-life insurer in the Philippines (1) for a total amount of Euro 40 million (2). 'charter for untruth'. Axa Insurance Plc,13 insurers sought. See www.apra.gov.au/lifs/Publications/Documents/1611_QLIPS-20160930.pdf. Annual report is available at the download area of the VVO: www.vvo.at/vvo/vvo.nsf/sysUNID/. The law applicable to the contract or, when the parties are free to choose, the law.