Insurance coverage firm AXA Hong Kong and Macau has finalised the re-domiciliation of its China-focused insurance coverage holding firm from Bermuda to Hong Kong.
The re-domiciliation course of was accomplished on 26 January 2026.
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The transfer entails AXA China Area Insurance coverage Firm (Bermuda) (ACRIB), which has been renamed AXA China Area Insurance coverage Firm (Hong Kong) following the switch.
It was executed beneath the re-domiciliation framework launched by the Hong Kong Particular Administrative Area Authorities.
AXA first disclosed plans for the relocation in Might 2025, stating that the target was to streamline regulatory reporting and compliance preparations.
AXA Higher China CEO Sally Wan mentioned: “Leveraging Hong Kong’s sturdy financial system and its position as a regional hub for insurance coverage and threat administration, we’re assured that AXA’s long-term success will proceed to advance. Trying forward, we stay dedicated to creating long-term worth for our clients, companions and the group, whereas actively pursuing sustainable progress.”
In keeping with the group, the shift in jurisdiction doesn’t alter the corporate’s authorized entity, organisational set-up or day-to-day operations.
Current contracts will stay in impact, and policyholders, distributors and enterprise companions will proceed to carry the identical rights and obligations.
Within the week starting 2 February 2026, the corporate plans to submit purposes to Macau authorities to replace the registered title of its native department.
AXA mentioned the transfer underscores Hong Kong’s position as a monetary centre and represents one of many earliest cases of an insurer making use of the brand new re-domiciliation regime.
The group added that the switch is designed to place Hong Kong because the operational base for the enterprise whereas guaranteeing continuity for patrons and counterparties.
Final week, AXA’s Digital Business Platform entered right into a partnership with Finnish satellite tv for pc operator ICEYE to include artificial aperture radar imagery into its risk-monitoring providers.
ICEYE satellite tv for pc knowledge will probably be used to watch floods, fires and storms because it expands predictive threat providers.
