AXA launches new wealth platform targeting Asia’s rich
Wealth Management
Insurer’s move comes as China’s capital controls raise questions over money flows
AXA is launching a new wealth services platform, initially focused on Asia’s expanding high-net-worth market. © Reuters
HONG KONG — French insurance group AXA is launching a new private client platform in Asia to capture business from the region’s growing high-net-worth market, offering protection for luxury properties, art collections, and even against risks of kidnapping and ransom demands.