AXA : Solvency margin improvement expected
>Slight growth in activity expected in Q1 - AXA will report its Q1 2022 activity indicators on 5 May after trading, with a conference call scheduled for the following morning. We forecast total revenues of € 31.5bn (+2.5%), ahead of the consensus (€ 31.0bn, +0.7%e), the gap stemming notably from our forecast for AXA XL. To recap, AXA carried out various non-core asset disposals (Greece, activities in the Gulf, Singapore and AXA Bank Belgium), which will pressure forec...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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