Co. (Charter Ping An), the #5 non-life insurer in the Philippines (2 ) for a total amount of €40 million (3 ).This acquisition allows AXA to offer Property & Casualty insurance products alongside its current range of Life & Savings products. AXA also extended its successful bancassurance partnership with GT Capital and Metrobank, the #2 bank in the country (4 ), to include the distribution of Property & Casualty insurance products.