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AXA Limited Financial Services

 

Company Name : Euronext: CS, OTCQX: AXAHY
Type : Societe Anonyme
Traded As : Euronext: CS, OTCQX: AXAHY
Industry : Financial services
Founded : 1817
HeadQuarters : 25 avenue Matignon.
Key_People : Henri de Castries (Chairman and CEO)
Products : Life and health insurance
WebSite : axa.com

History

AXA Limited Financial Services was founded in 1816 with the name Mutuelle de L'assurance contre L'incendie. In 1978 it acquired another company Compagnie Parisienne de Garantie and changed the name to Mutuelles Unies. Again in 1982, it bought the Drouot Group and became Mutuelles Unies/Drouot. Adoption of the name AXA happened in 1985. The company acquired an American insurer The Equitable in 1991. In 1996, largest insurer of France, Union des Assurances De Paris (UAP) was purchased by Mutuelles Unies/Drouot and the company was known as AXA-UAP for some time before going back to the name AXA in the year 1999. In the same year AXA took over Guardian Royal Exchange. Acquisition of all shares of Sun Life & Provincial Holdings and leading Swiss insurance company Winterthur Group took place in 2000 and 2006 respectively.

 Operations

Headquartered in Paris, France, AXA operates in financial services industry. AXA Limited Financial Services runs its business across the globe in 57 countries including Western Europe, the Middle East, North America and the Asia Pacific region.  

With life and health insurance and investment management as its products, the company covers 5 business segments. Those are:

  • Life & Savings
  • Property & Casualty
  • International Insurance
  • Asset Management and
  • Other Financial Services

AXA Limited Financial Services also contributes towards the community through following activities:

  • Risk research and education
  • Volunteer work
  • Cultural philanthropy
  • Stakeholder dialogue

 Key People

Currently more than 160,000 employees are working for AXA Limited Financial Services and to its credit the company has nearly 102 million clients.

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