AXA : Ready to ramp up in 2022
Since the takeover of AXA XL in 2018, AXA has suffered a number of setbacks, between exceptional levels of natural disasters and the covid crisis. The group then stepped up the derisking of its subsidiary by ceding lines and reinsurance, while increasing prices with a view to improving profitability. AXA XL's underlying earnings target of € 1.2bn for 2021 is on the way to being met. More importantly, the growth outlook for 2022-23 is bright and will benefit the group. At the same...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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