AXA is a global insurance and asset management company headquartered in Paris, France. It is one of the world’s largest insurance groups, operating in over 50 countries with millions of clients across the globe.
Founded: 1816 (originally as Mutuelle de L’assurance contre L’incendie)
Headquarters: Paris, France
CEO: Thomas Buberl (since 2016)
Employees: Approx. 113,700 (as of 2023)
Revenue (2023): €102.7 billion
Net Profit (2023): €7.37 billion
Assets Under Management (AUM): €945.5 billion
Listed on: Euronext Paris (Ticker: CS), part of the CAC 40 Index
Property & Casualty Insurance
– Covers auto, home, business, and liability insurance for individuals and corporations.
Life & Health Insurance
– Offers life protection, retirement plans, and medical coverage.
Asset Management
– Through AXA Investment Managers and Architas, the company offers investment solutions for individuals and institutions.
Banking Services
– Limited banking operations in France and a few other markets (mortgages, savings).
Strategic Shift (Post-2016): Under Thomas Buberl, AXA has been shifting its focus away from life insurance toward more technical lines like health and property insurance.
“Unlock the Future” Strategy (2024–2026): Focused on digitization, expanding its customer base, and leveraging AI and data for innovation and personalization.
Potential Sale of AXA IM: AXA is reportedly in talks to sell its asset management arm to BNP Paribas, which could reshape the European investment landscape.
Climate Commitments: AXA has divested from coal and aims to become a major investor in green technologies and sustainable finance.
Social Responsibility: Supports financial inclusion, healthcare access, and education through various programs and its AXA Research Fund.
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