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AXA, Global Leader in Insurance

Headquartered in Paris, France, the AXA Group is the worldwide leader in insurance and asset management. AXA has over 160,000 employees serving over 105 million clients in 62 countries all over the world. It is focused on the world’s major markets particularly in Europe, North America, and the fast-growing economies in the Asia Pacific region. As a global leader in financial protection, it supports both individuals and businesses at every life stage by providing exceptional personalized solutions and services including insurance, personal protection, savings, and wealth management.

Strong International Presence

The AXA Group is committed to international expansion and has established a strong presence in the Asia-Pacific Region, maximizing opportunities for future growth. In 2017, IFRS revenues amounted to Euro 98.5 billion and IFRS underlying earnings to Euro 6.0 billion. AXA had Euro 1,439 billion in assets under management as of December 31, 2016. The AXA Group is included in the main international SRI indexes, such as Dow Jones Sustainability Index (DJSI) and FTSE4GOOD. It is a founding member of the UN Environment Program’s Finance Initiative (UNEPFI) Principles for Sustainable Insurance and a signatory of the UN Principles for Responsible Investment.

The AXA Group
The AXA Group

About AXA Philippines

Established in 1999, AXA Philippines is one of the largest and fastest growing life insurance companies in the country. It offers financial security to more than one million individuals through its group and individual life insurance as well as general insurance products through its subsidiary Charter Ping An.

AXA Philippines is one of the first to introduce bancassurance operations in the country, and is among the pioneers in the investment-linked insurance sector.

AXA now offers a complete range of products for all its customers’ insurance and financial protection needs, including savings and investments, health plans, income protection, and health coverage; and through its general insurance subsidiary Charter Ping An Insurance Corporation: fire, motor car, marine cargo, personal accident, bonds, casualty, and engineering insurance products.

AXA Philippines closed 2017 with P26.4 billion in total premium income and P5.7 billion in gross written premiums from Charter Ping An. Today, AXA has more than 4,000 financial advisers in 36 branches, and 700 financial executives in over 900 Metrobank and PSBank branches nationwide. Charter Ping An, on the other hand, has 22 branches nationwide and 2,007 agents.

AXA Philippines is a joint venture between the AXA Group, headquartered in France, and the Metrobank Group, one of the largest financial conglomerates in the Philippines. It is duly recognized by the Insurance Commission and has following licenses to operate: 2019/37-R for AXA and 2019/40-R for Charter Ping An.

The Metrobank Group is a conglomerate of industry-leading businesses that includes First Metro Investment Corporation, Metrobank Credit Cards, Federal Land, Toyota, and Manila Doctors Hospital. It was hailed Best Bank in the Philippines in 2010, 2011, and 2012 by Euromoney and recognized as the strongest bank in the Philippines by The Asian Banker in 2013. It is owned by the Ty Family whose major business interests include financial services, real estate development, power, and manufacturing.

AXA Philippines
AXA Philippines

Board of Directors

Dr. George S.K. Ty Group Chairman/Director
Solomon S. Cua Chairman
Arthur V. Ty Vice Chairman
Fernand Antonio Tansingco Vice Chairman
Rahul Hora Member/President and CEO
Gordon Watson Member
Nicolas Fauvarque Member / Treasurer
Alesandra T. Ty Member / Treasurer
Ronaldo C. San Jose Member
Jaime C. Laya Independent Director
Lope M. Yuvienco Independent Director
Jameson Ong Adviser to the Board
Angelica S. Reyes Corporate Secretary
Jill Marie B. Lopez Asst. Corporate Secretary
Aric Justin Ty Asst. Corporate Secretary

Senior Management Team

Rahul Hora President and CEO
Alokkumar Arunkumar Rungta Chief of Retail Propositions
Ma. Amor T. Balagtas Chief Customer Officer
Nicasio F. Rollan III Chief of Commercial Business
Aleta Y. Lepatan Chief Operations Officer
Ronaldo C. San Jose Chief Financial Officer
Jaspreet Singh Kakar Chief Human Resources Officer
Maria Faustina Raymundo Chief Distribution Officer
Corporate Governance

Corporate Governance

AXA Philippines is committed to maintaining good Corporate Governance within the Company. It recognizes that this can only be achieved through the Board's Management and Employee's actions to fulfill its goals and objectives in a manner that adds to the value of the Company beneficial to its stakeholders.