Ex-agent gets $3.2m from AXA, plus six years' interest

Mr Ramesh Krishnan, who worked at a cafe owned by his wife while the case was going on, was awarded damages for loss of earnings.
Mr Ramesh Krishnan, who worked at a cafe owned by his wife while the case was going on, was awarded damages for loss of earnings.ST PHOTO: ONG WEE JIN

Scathing letter of reference had cost him a job at rival Prudential

Former AXA Life Insurance agent Ramesh Krishnan, who was awarded $4 million in damages last year, will get to keep the amount less 20 per cent.

The payout in this David versus Goliath stand-off is the largest reported sum in a case involving alleged unfair reference checks in the insurance industry.

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A version of this article appeared in the print edition of The Straits Times on October 04, 2018, with the headline 'Ex-agent gets $3.2m from AXA, plus six years' interest'. Print Edition | Subscribe