AXA
In 2016, the French insurance giant AXA launched Ambition 2020, a five-year plan to simplify the company’s business lines, focus on growth markets, and digitize its empire. The company took a big step toward that goal in March 2019 when it sold a $1.5 billion stake in its U.S. life insurance busines to Morgan Stanley and Barclays. The deal further narrowed AXA's focus on its corporate risk business. AXA also added a new component to its strategy in 2019, pledging to phase out the underwriting of companies with ties to the coal industry. It promised a complete divestment in the fossil fuel globally by 2040.
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Company Information
As of 8/3/2022
Country
France
Headquarters
Paris
Industry
Insurance: Life, Health (Stock)
CEO
Thomas Buberl
Website
Company Type
Public
Ticker
AXAHY
Revenues ($M)
$144,446.8
Profits ($M)
$8,623.9
Market Value ($M)
$51,201
Employees
92,398
Figures prepared in accordance with International Accounting Standards. Market value as of July 19, 2022.
Key Financials (Last Fiscal Year)
($ Millions)
% change
Revenues ($M)
$144,446.8
12.8%
Profits ($M)
$8,623.9
139.2%
Assets ($M)
$881,733.3
-
Total Stockholder Equity ($M)
$80,880.5
-
Profit Ratios
Profit as % of Revenues
6%
Profits as % of Assets
1%
Profits as % of Stockholder Equity
10.7%
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COP15’s message to the world: Invest $250 billion in nature or risk the consequencesDecember 10, 2022, 1:35 PM UTC
