AXA
From Wikipedia, the free encyclopedia
- For other uses, see Axa (disambiguation).
AXA SA | |
Type of Company | Public (Euronext: CS, NYSE: AXA) |
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Founded | 1985 |
Headquarters | Paris, France |
Key people | Henri de Castries, Chairman of the Management Board |
Industry | Financial services |
Products | Life insurance Health insurance Investment management |
Revenue | 122.72B USD) |
Employees | 189,927 (31 December 2004) |
Slogan | Be life confident |
Website | www.axa.com |
AXA (Euronext: CS, NYSE: AXA) is a French insurance company and the world largest insurance company with its 189 000 employees and 122 billions dollars of revenues in 2004. AXA ranks 15th based on revenues as the largest company in the world on Fortune's Global 500 List.AXA is engaged in life, health and other forms of insurance, as well as investment management.The Company operates primarily in Western Europe, North America and the Asia Pacific region and, to a lesser extent, in other regions, including in particular the Middle East. AXA has five operating business segments: Life & Savings, Property & Casualty, International Insurance (including reinsurance), Asset Management and Other Financial Services.
AXA run its investment branch through AXA Investment Managers (IM), Formerly Equity & Law, then AXA Equity & Law which subsequently became AXA Investment Managers. AXA IM was most notably headed in the UK by Andrew Bull & Gordon Lacey for many years in the role of Property Directors at the Lincoln's Inn Fields office in London. Both Andrew Bull and Gordon Lacey have subsequently retired from AXA IM.
In its various markets AXA trades under its own name, and also as AXA Sun Life and AXA PPP Healthcare. Despite always being written in upper case, "AXA" is not an acronym, but was just chosen as a memorable name when the company expanded globally. Originally named Ancienne Mutuelle, the firm renamed itself Mutuelles Unies after acquiring another insurer in 1978; the present name dates to 1985.
06/14/2006 AXA acquires the leading Swiss insurance company "Winterthur Insurance" from Credit Suisse Group for about 9 billion Euros.
[edit] AXA in the United States
The United States arm of AXA is AXA Financial. AXA Financial consists of many subsidiaries; AXA Advisors, LLC, AXA Network, AXA Equitable Life Insurance, Mutual of New York (MONY), US Financial Life, and AllianceBernstein.
Retirement Benefits Group - Financial Professionals dedicated to the needs of Educators as well as Non-Profit workers.
[edit] AXA in Asia Pacific
AXA Life Insurance operates in the Asia Pacific region as AXA Asia Pacific Holdings Ltd (AXA APH) which is listed on the Australian stock exchange. The head-office of AXA APH is located in Melbourne, Australia and there is a major regional office in Hong Kong. As well as a strong presence in Australia, Hong Kong and New Zealand, AXA is expanding its operations in Singapore, China, Malaysia, the Philippines and Indonesia.
AXA General Insurance operates in the Asia Pacific region as AXA Asia P&C. The head-office of AXA Asia P&C is located in Singapore.
[edit] External links
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