Axa, Ace Said in Advanced Talks to Buy HSBC Insurance Business
Axa SA, Europe s second-biggest insurer, and Zurich-based Ace Ltd. are among final bidders for HSBC Holdings Plc s non-life insurance operations, three people with knowledge of the matter said.

Accenture Receives Industry Awards for its Life Insurance Policy Administration Software Solution
Accenture s life and annuity insurance policy administration software, the Accenture Life Insurance Platform, received two XCelent Awards in Celent s latest report titled EMEA Policy Administration Systems 2011: Life and Pension ABCD Vendor View 1.