AXA : Continuing selective growth, Hurricane Ian is manageable
>Moderate revenue growth expected in Q3 - AXA is due to release its activity indicators on 2 November after market close, with a conference planned for the following afternoon at which the group is also set to make a presentation on IFRS 17. We forecast total revenues of € 77.4bn (+1.8%) for 9M 2022, in line with the consensus, with revenues of € 22.2bn (+0.5%) for Q3 2022 alone. In P&C insurance, we expect moderate growth in premiums (+3.9% in 9M 2022); which notably...AXA is a holding company. Through its subsidiaries, Co. is engaged in insurance and assets management. Co. operates primarily in Europe, North America, the Asia-Pacific Region and, to a lesser extent, in other regions including the Middle East, Africa, and Latin America. Co. has five operating business segments: Life & Savings, Property & Casualty, International Insurance, Asset Management, and Banking. In addition, various holding companies within the AXA Group conduct certain non-operating activities. As of Dec 31 2013, Co. had total assets of Euro757,143,000,000.
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