French Insurer AXA Posts 3% Rise in H1 Net Profit August 3, 2022 By Matthieu Protard French insurer AXA announced a new share buyback program as it posted a 3% rise in first-half net profit, driving...
AXA Lowers 2020 Profit Guidance for XL Unit February 20, 2020 By Maya Nikolaeva and Matthieu Protard French insurer AXA lowered its 2020 profit guidance for its companies-focused XL unit and named a new boss for the...
AXA Reports 66% Drop in 2018 Net Profit on U.S. Unit’s IPO Costs, Natural Disasters February 21, 2019 By Inti Landauro and Matthieu Protard Net profits at AXA, Europe’s second biggest insurer, fell sharply as a result of charges related to its U.S. unit’s...
SCOR’s Net Profit in 2018 Rises 13% Despite Spate of Q4 Natural Disasters February 20, 2019 By Inti Landauro and Matthieu Protard French reinsurer SCOR, which was the target of a thwarted acquisition by rival Covea last year, posted a surge in...
Update: AXA Expects Profits to Be Boosted by Its $15 Billion XL Deal November 28, 2018 By Inti Landauro and Matthieu Protard AXA, Europe’s second-biggest insurer, expects its profitability to improve in the next two years thanks to U.S. business brought in...
XL Insurance to Cut Coal Industry Business Under Parent AXA’s Climate Order November 26, 2018 By Matthieu Protard and Inti Landauro AXA, France’s biggest insurer, has extended its climate change policy to its recently acquired XL division, joining a growing list...
French Insurer CNP Declines to Comment About Merger Speculation July 30, 2018 By Inti Landauro and Matthieu Protard French insurer CNP, which has been the subject of merger speculation, reiterated its annual earnings growth targets as it posted...
AXA Prices IPO of U.S. Division to Help with XL Takeover April 26, 2018 By Matthieu Protard French insurer AXA on Thursday priced the forthcoming initial public offering (IPO) of its U.S. division at $24-27 per share,...
AXA Posts Higher-Than-Expected $7.6B Profit, Ahead of U.S. IPO February 22, 2018 By Maya Nikolaeva and Matthieu Protard French insurer AXA posted higher-than-expected 2017 net profits and stronger earnings in the United States, ahead of the planned flotation...
France’s AXA to Focus on M&A in 16 Countries; Eyes Sale of Some Non-Core Assets November 14, 2017 By Maya Nikolaeva and Matthieu Protard French insurer AXA will narrow its acquisition focus to 16 key countries and could sell some assets in markets where...