On 30th August 2022, Generali Group became the majority shareholder in AXA Affin General Insurance Berhad whilst AFFIN Bank remained as a minority shareholder. The acquisition has positioned Generali as one of the leading players in the Malaysian Insurance market. AXA Affin General Insurance and AXA AFFIN Life will continue to operate under their existing brands until the the single unifying brand "Generali Malaysia" is launched in early 2023. AXA Affin General InsuranceIncorporated in Malaysia in 1975, AXA Affin General Insurance Berhad is one of the fastest growing general insurance companies in Malaysia and leader in medical and health insurance (Source: ISM). We offer comprehensive protection solutions to individuals and businesses in all areas of general insurance.We protect over 1.8 million customers and are supported by more than 800 employees in 23 offices with multi-distribution channels of over 5,000 agents, brokers, franchise and bank partners nationwide.AXA AFFIN Life InsuranceIncorporated in February 2006, AXA AFFIN Life Insurance Berhad (AXA AFFIN Life) is a joint venture company between AFFIN Bank Berhad and AXA Group, a worldwide financial protection leader, which is headquartered in Paris.Leveraging on the Generali Groups experience as a Global Insurance and Asset Management provider, and AFFIN Bank's local knowledge and diversified network, AXA AFFIN Life is focused on helping individuals manage risk and achieve their financial goals. AXA AFFIN Life will continuously strive to build close and lasting relationship with its customers, offering them care, support and advice with the highest standard of professional ethics.