May 3, 2024
AXA, Europe’s second-largest insurer, reported a 6% increase in total revenue during the first quarter to €34 billion ($36.4 billion), compared with €31.8 billion ($34.1 billion) in Q1 2023. The increase in Q1 gross written premiums (GWP) and other revenues …
May 3, 2024
Athora Holding Ltd., an insurance affiliate of Apollo Global Management Inc., and AXA SA have terminated a deal to transfer life insurance policies in Germany almost two years after announcing it. The deal was meant to shift €19 billion ($20.3 …
April 16, 2024
Electric car sales already are in a funk in key markets around the globe. Challenges finding enough repair technicians threatens to further stifle demand in the UK, where consumer uptake has stagnated for the better part of two years. A …
April 3, 2024
AXA SA is planning a campaign to help prevent cyberattacks targeting France in the run-up to the Paris Olympics next summer. The insurer will share key measures with French corporate clients to improve the protection of their information systems, the …
February 22, 2024
Zurich Insurance posted a better-than-expected annual operating profit on Thursday and announced a share buyback of up to 1.1 billion Swiss francs ($1.25 billion), as insurers ride out the impact of a global pandemic, wars and climate disasters. Operating profit …
February 22, 2024
France’s AXA, Europe’s second-biggest insurer, pledged on Thursday to deliver higher earnings and returns to shareholders by 2026 by growing its client base, automating processes and reducing labor costs. The new three-year plan, dubbed “Unlock the Future” — Thomas Buberl’s …
February 8, 2024
AXA SA’s Chief Executive Officer Thomas Buberl says he intends to “scale up” the firm’s business insuring corporate risks in the next phase of the firm’s growth. “In a highly volatile and highly unpredictable environment it is important to take …
January 30, 2024
BOXX Insurance, the Toronto-based cyber insurtech and managing general agent, has announced the launch of a cyber risk mitigation solution in collaboration with AXA, aimed at providing crucial support to small businesses. Recognizing the critical need for comprehensive protection against …
December 7, 2023
AXA is considering selling some of its protection insurance businesses across Western Europe in a deal that could be worth up to 1 billion euros ($1.1 billion), two people close to the matter told Reuters. The French insurance group has …
October 31, 2023
Governments are ill-prepared for the hazards brought on by artificial intelligence and development should be paused, according to a new survey of risk specialists by insurance company AXA SA. Only 7% of almost 3,500 risk experts from 50 countries said …