AXA financial results 2016 News

AXA Chief Rules Out Major Acquisitions Such as Generali

AXA has reached a “critical size” and is ruling out major acquisitions such as Italy’s Generali, the French insurer’s chief executive Thomas Buberl said on Thursday. It is managing risks relating to May’s presidential election in France and raising its …

AXA H1 Net Income Rises 4% to $3.6B as L&H Earnings Offset Cat Losses

AXA SA, France’s biggest insurer, said first-half profit rose 4 percent as increased earnings from life and health insurance helped offset higher claims from natural catastrophes. Net income climbed to 3.2 billion euros ($3.6 billion) from 3.1 billion euros a …

AXA’s Q1 Revenue Rises 1% on Higher P&C Premiums

AXA SA, France’s largest insurer, said first-quarter revenue gained 1 percent, helped by higher prices and volumes from property & casualty operations especially in Germany, the U.K. and faster-developing nations like Turkey. Sales rose to 31.8 billion euros ($36.6 billion) …