Latest AXA XL Headlines
All the headlines from our AXA XL Topic Page, ordered by recency.
AXA Financial to Sell DLJ To CSFB; Receives Minority Share Offer
Aug 30 2000 // Confirming the rumors circulating around Wall Street, AXA Financial, Inc. (AXF), the U.S. holding company 60 percent owned by French insurer AXA Group, announced that it will sell its 71 percent stake in investment banker...
AXA Reports Strong First Half Earnings
Aug 14 2000 // AXA’s recently retired CEO, Claude Bebear, must be pleased. The company he built virtually from scratch over the last 25 years just reported its best first half year earnings ever, with growth in all sectors. Life...
AXA to Share $2.5 Billion In Life Assets
Jul 25 2000 // French insurer AXA has proposed to release $2.5 billion in “orphan” assets in its British life insurance fund, which could mean a $788 million payout for policyholders. The proposals, reported Tuesday by...
Insurers Fight Hollywood Claims Over “Gap Financing” for Movies
Jul 24 2000 // As most people with experience in the movie industry could tell you, it’s an easy way to lose a lot of money. That may happen to several insurance companies, notably France’s AXA, if they lose the lawsuits that...
AXA Group Affirmed
Jul 24 2000 // The “AA” long-term counterparty credit and insurer financial strength ratings on the insurance operating companies of the AXA Group of France were affirmed by S&P. The rating action includes all ratings on...
Insurers Fight Hollywood Claims Over ‘Gap Financing’ for Movies
Jul 10 2000 // As most people with experience in the movie industry could tell you, it’s an easy way to lose a lot of money. That may happen to several insurance companies, notably France’s AXA, if they lose the lawsuits that...
S&P Affirms Ratings on AXA, Groupama, Royal & Sun
Jun 27 2000 // Standard & Poor’s recently made announcements affirming the credit ratings of the French and U.K. insurers as follows: AXA – The report on France’s AXA Group affirmed its extremely strong financial...
AXA Subsidiaries To Buy Institutional Fund Manager
Jun 22 2000 // AXA Financial, Inc. (AXF) and Alliance Capital Management L.P. (AC), both U.S. based subsidiaries of France’s AXA Group, have entered into an agreement to acquire substantially all of the assets and liabilities of...
AXA To Raise Irish Auto Rates
Jun 9 2000 // AXA subsidiary, AXA Ireland, which was formerly a part of the Guardian Royal Exchange Group, acquired by AXA’s Sun Life and Provincial Holdings last year, announced a 5 percent rise in premiums on Irish automobile...
Kingsway Acquires Long-Haul Trucking Renewal Rights
May 18 2000 // Kingsway General Insurance Co., a subsidiary of Kingsway Financial Services, has acquired the renewal rights for AXA Canada subsidiaries’ long-haul trucking portfolio in Canada. The portfolio, made up of fleet...
Film producer George Litto has sued French insurer AXA Re for revoking two insurance contracts that
May 15 2000 // article
AXA Reports Turnover Up 32.6 Percent For 1st Quarter
May 11 2000 // France’s AXA recorded growth in all sectors, life, p/c and financial services for the 1st quarter. Bolstered by extremely strong performances from its North American subsidiaries the company registered an overall...
George Litto Pictures Sues AXA Re
May 4 2000 // Film producer George Litto has sued French insurer AXA Re for revoking two insurance contracts that would help provide funding for five motion pictures. According to the complaint filed with the American Arbitration...
AXA Agrees to Pay 500 Pence a Share for Minority Shares of SLPH
May 2 2000 // Over a month of hard-nosed negotiations ended Monday night when France’s AXA agreed with the independent directors of its British affiliate Sun Life and Provincial Holdings to acquire the minority 43.74 percent...
SLPH Directors Want AXA To Pay 500 Pence
Apr 27 2000 // According to reports, analysts now say that AXA will have to pay at least 500 pence ( $7.90) per share if it wants to acquire the 43.7 percent of Sun Life and Provincial Holdings it doesn’t already own. AXA had...
No Progress in AXA, SLPH Buyout Talks
Apr 26 2000 // After nearly a month of negotiations, Sun Life & Provincial Holdings says that no progress had been reached on buyout terms with its majority shareholder, AXA. Following the acquisition of Guardian Royal Exchange,...
AXA SA, SUN LIFE
Apr 10 2000 // AXA SA is in early talks to buy the remaining 43.7 percent of Sun Life & Provincial Holdings PLC that it does not already own in a deal that could be worth $3.17 billion. Sun Life’s stock price has plunged...
AXA Earnings Increase Estimated at 15 Percent
Feb 11 2000 // Even though net income will be reduced by around 100 million Euros ($98 million) caused by the year-end storms which struck France, AXA S.A. announced a significant estimated earnings increase of 15 percent over 1998...
AXA Completes Acquisition of AXF Minority Shares
Jan 4 2000 // As of January 2 AXA Financial Inc., officially ceased to be an independent company and became a wholly owned subsidiary of its French parent The AXA Group. Its shares are no longer listed on the NYSE. AXF, the...
