Financial results; Reports and publications; Consultation responses; Guest blog @AXAUK. It also reflects the very good quarter of our new entity, AXA XL, which generated 502 million euros in earnings.”However, looking at net income, the Group’s results were down €463 million, or -17%, to €2.3 billion, largely driven by an unfavourable change in the value of derivatives net of foreign exchange impacts, which was down €547 million to -€789 million.AXA also attributed the drop in income to higher adjusted earnings, a change in the value of assets due to a decrease in interest rates, the impact of exceptional and discontinued operations, higher integration and restructuring costs, and the impact of goodwill and other related intangibles.Net income reported by AXA XL was €394 million, reflecting adjusted earnings of €547 million, integration and restructuring costs of -€82 million, exceptional operations of -€45 million, and the amortisation of intangible assets at -€20 million.Buberl continued: “AXA XL had a great first half with continued and disciplined growth in revenues and a solid contribution to the Group’s earnings. stream This compares with combined ratios of 95.1% for AXA’s P&C business, 93.2% for protection, and 93.9% for health.Thomas Buberl, Chief Executive Officer (CEO) at AXA, said that the integration of AXA XL was “progressing well” and confirmed that the division was on track to meet its earnings target of €1.4 billion by 2020.“The new entity had a very good first half of the year in terms of financial performance,” he explained.

Ratings S&P: On July 24, 2019, S&P Global Ratings reaffirmed the long-term financial strength rating of AXA’s core Please contact You are currently unable to copy this content. The Insurance Age events team works alongside the brand's editorial staff and industry advisors to produce content around key issues affecting the insurance industry. Adjusted ROE2 was up 2.8 points to 18.3% versus 1H18 mostly driven by a strong increase in adjusted earnings. All rights reserved.You may share this content using our article tools. The insurer stated that its property and casualty revenues rose to €3.54bn (£2.97bn) in 2019, up from €3.36bn in 2018.

In 2019, the Group achieved a 5% increase in underlying earnings per share, with high technical profitability across all our businesses. You need to sign in to use this feature. 2018 Results. endobj 2019 ranking: 15 2018 ranking: 13 2019 score (on 1,000-point scale): 797 2018 score: 824 2019 vs. 2018: -27 Full Year Results announced on Thursday 21st February 2019 Half Year Results announced on Thursday 2nd August 2018. AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today reported financial and operating results for the quarter ended June 30, 2020. The Insurance Age events team works alongside the brand's editorial staff and industry advisors to produce content around key issues affecting the insurance industry.

Please contact Copyright Infopro Digital Limited. 1 0 obj To access these options, along with all other subscription benefits, please contact You are currently unable to print this content. Additionally, pricing was up by 5% for insurance and 2.4% for reinsurance over the period.AXA XL’s combined ratio was 98.3% during H1 2019. A financial services company providing advice, retirement plans, annuities, life insurance and employee benefits in the United States. of both the deconsolidation of AXA Equitable Holdings, Inc. and debt repayments. %���� <> Full Year Results announced on Thursday 20th February 2020 Half Year Results announced on Thursday 1st August 2019. If you continue, we'll assume you're happy for your web browser to receive all cookies from our website. AXA Group, including the UK & Ireland, this morning published its half year 2018 results, which are available at www.axa.com. Axa UK & Ireland has reported an improved combined operating ratio and higher revenues across the business for 2019.The insurer stated that its property and casualty revenues rose to €3.54bn (£2.97bn) in 2019, up from €3.36bn in 2018.Its COR in this division of the business improved slightly to 97.6%, compared to the 98.4% it achieved in the preceding year.In addition, underlying earnings were up by 10% to €235m. 3��R�6�t��nS)G/S���(������ޥ�R�����O��xd ... Get the latest news and publications about the AXA Group strategy. Don't miss out - follow our events. Schedules Announcement of Second Quarter 2019 Results Business Wire NEW YORK -- July 25, 2019 AXA Equitable Holdings, Inc. … 2017 Results.

<>/Metadata 897 0 R/ViewerPreferences 898 0 R>> AXA Equitable Holdings, Inc. Best Digital B2B Publishing Company 2016, 2017 & 2018