AXA : The price increases continue in P&C insurance
>Slight increase in revenues expected - AXA will report its 9M 2023 activity indicators on 2 November after trading with a conference call scheduled for the following day. These indicators will be based on the new IFRS 17 accounting standard. We forecast total revenues of € 79.1bn (+1.4%) for 9M 2023, in line with the consensus (€ 79.0bn), with revenues of € 23.4bn (+1.1%) for Q3 2023 alone. We expect P&C insurance premiums to be up 5.5% to € 42.2bn, a shade above the...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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