AXA’s 2023 Earnings Miss Forecasts on Higher Costs, Lifts Dividend 16% February 22, 2024 By Mathieu Rosemain France’s AXA, Europe’s second-biggest insurer, pledged on Thursday to deliver higher earnings and returns to shareholders by 2026 by growing...
AXA’s CEO Buberl Wants to ‘Scale Up’ Corporate Business February 8, 2024 By Alexandre Rajbhandari AXA SA’s Chief Executive Officer Thomas Buberl says he intends to “scale up” the firm’s business insuring corporate risks in...
Markets/Coverages: Insurtech BOXX Partners With AXA to Offer Cyber Risk Mitigation for Small Businesses January 30, 2024 BOXX Insurance, the Toronto-based cyber insurtech and managing general agent, has announced the launch of a cyber risk mitigation solution...
AXA Weighs $1.1B Disposal of European Protection Insurance Businesses: Sources December 7, 2023 By Amy-Jo Crowley and Pablo Mayo Cerqueiro AXA is considering selling some of its protection insurance businesses across Western Europe in a deal that could be worth...
Threat of Haywire Artificial Intelligence Prompts Calls for Development Pause, AXA Says October 31, 2023 By Romaine Bostick Governments are ill-prepared for the hazards brought on by artificial intelligence and development should be paused, according to a new...
Billion-Dollar Satellite Risks Upending Space Insurance August 28, 2023 By Todd Shields and Loren Grush Viasat Inc. has more than $1 billion of orbiting satellites in trouble, and space insurers are girding for market-rattling claims....
AXA’s Asset Management Unit to Cut as Many as 90 Roles in Revamp August 23, 2023 AXA Investment Managers is eliminating as many as 90 roles as the French firm aims to streamline part of the...
AXA Agrees to Purchase Laya Healthcare From AIG for €650 Million August 3, 2023 AXA announced it has entered into an agreement to acquire Laya Healthcare Ltd. from Corebridge Financial Inc., a subsidiary of...
AIG, AXA Weighing Sales of UK Businesses: Sources July 20, 2023 By Jan-Henrik Förster and Sonia Sirletti Two of the world’s largest insurers are weighing the sale of businesses in the United Kingdom, according to people familiar...
AXA Fund to Invest $49 Million in Brazil Reforestation Projects July 18, 2023 By Gabriel Araujo An alternative investment vehicle controlled by French insurer AXA said on Tuesday it will inject $49 million into reforestation projects...