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2025 SFCR Report
“Capital Cash”, “Cover Cash”, or “Accidental Cash”, (iii) life insurance contracts in branch 23 under the title “Happy Life” (118,547 policies as at 31 December 2025) (the “AXA portfolio”). A successful sequenced migration of the AXA portfolio has been
2024 SFCR Report
” (130,888 policies as at 31 December 2024) (the “AXA portfolio”). A successful sequenced migration of the AXA portfolio has been finalised in January 2024. ▪ On 30 June 2023, MAB carried out the transfer of a portfolio of classic individual branch 21
2023 SFCR Report
administration of this book in 2023 until the successful sequenced migration of the AXA portfolio finalised in January 2024. ▪ On 30 June 2023, MAB carried out the transfer of a portfolio of classic individual branch 21 life insurance policies and