For subscribers

AXA Singapore staff queried on contracts with 2 taxi operators

Firm has a three-year contract with ComfortDelGro and is also insurer for Trans-Cab's vehicles

Sign up now: Get ST's newsletters delivered to your inbox

Google Preferred Source badge
Some employees of AXA Singapore were asked by the authorities to provide information on two motor insurance contracts that the insurer had signed with taxi operators ComfortDelGro and Trans-Cab.
The Straits Times understands that the Monetary Authority of Singapore (MAS) was alerted to a potential accounting-related issue and both contracts were flagged to the regulator.
See more on