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The insurance market in Asia is growing faster than Europe and the United States, with Ping An Insurance <601318.SS> and China Life <601628.SS> among the top players in the region. Full Article at International Business Times
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The insurance market in Asia is growing faster than Europe and the United States, with Ping An Insurance (Group) Co of China Ltd <601318.SS> and China Life <601628.SS> strong rivals. Full Article at International Business Times
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SYDNEY/HONG KONG (Reuters) - French insurer AXA <AXAF.PA> bid for full control of its majority-owned Asian arm on Monday, seeking a tighter grip on the region's strong growth potential. Full Article at ABC News
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TOKYO (MarketWatch) -- Shares of AXA Asia Pacific Holdings rallied 30.5% to their highest level in a year after the Australian insurance company rejected on Monday a $10.2 billion joint offer from AMP Ltd. and AXA Group. Full Article at MarketWatch
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The cash and share unsolicited bid valued Axa Asia Pacific at A$5.34 a share, the Melbourne-based company said today. That’s 24 percent higher than the previous closing price. Full Article at Bloomberg.com
