Axa

{{short description|French multinational insurance firm}} {{Other uses|Axa (disambiguation)}} {{More citations needed|date=March 2021}} {{Use dmy dates|date=November 2021}} {{Infobox company | name = AXA S.A. | logo = AXA Logo.svg | logo_size = 165px | image = Hotel de la vaupaliere54.jpg | image_size = 220px | image_caption = Headquarters at Hôtel de La Vaupalière, Paris | type = Public | traded_as = {{EuronextParis|CS|FR0000120628|XPAR}}<br />CAC 40 component | industry = Financial services | founded = {{Start date and age|1921}}<ref>{{cite web|url=https://www.atlas-mag.net/en/article/axa-assurance-a-brilliant-growth|title=AXA group: history and growth|date=21 May 2013|publisher=Atlas Magazine}}</ref> | location = Hôtel de La Vaupalière, 25 Avenue Matignon | hq_location_city = Paris | hq_location_country = France | area_served = Worldwide | key_people = Thomas Buberl (CEO)<br />Antoine Gosset-Grainville (chairman of the board) | products = {{ubl|Insurance |General insurance |Health insurance |Vehicle insurance |Travel insurance |Home insurance |Life insurance |Mortgage loans |Investment management | Asset management |Pet Insurance |Mutual funds }} | revenue = {{increase}} €87.303&nbsp;billion (2024)<ref name="axa2024">{{cite web|url=https://www-axa-com.cdn.prismic.io/www-axa-com/aNzv1p5xUNkB1VHR_axa_urd2024_accessible_va.pdf|title=Earnings Presentations 2024}}</ref> | operating_income = {{increase}} €10.41&nbsp;billion (2024)<ref name="axa2024" /> | net_income = {{increase}} €8.07&nbsp;billion (2024)<ref name="axa2024" /> | aum = {{increase}} €945.50&nbsp;billion (2023)<ref name="axa2024" /> | assets = {{increase}} €653.76&nbsp;billion (2024)<ref name="axa2024" /> | equity = {{increase}} €52.48&nbsp;billion (2024)<ref name="axa2024" /> | subsidiaries = Axa Bank Belgium<br />Axa Investment Managers<br />Axa XL | num_employees = 113,696 (2023)<ref>{{cite web|url=https://www.axa.com/en/about-us/footprint|title=Footprint 2023}}</ref> | website = {{official URL}} }}

'''Axa S.A.''' is a French multinational insurance corporation headquartered in the 8th arrondissement of Paris. It also provides investment management and other financial services via its subsidiaries. As of 2024, it is the fourth largest financial services company by revenue in France, and the 8th largest French company.<ref>{{Cite web |title=Fortune 500 – The largest companies in the U.S. by revenue |url=https://fortune.com/ranking/fortune500/search/ |access-date=2024-04-01 |website=Fortune |language=en}}</ref>

The Axa Group operates primarily in Western Europe, North America, South America, the Indian Pacific region, and the Middle East, with a presence in Africa as well. It is a component of the Euro Stoxx 50 stock market index.<ref>{{cite web|url=http://www.boerse-frankfurt.de/en/equities/indices/euro+stoxx+50+EU0009658145/constituents|title=Börse Frankfurt (Frankfurt Stock Exchange): Stock market quotes, charts and news|archive-url=https://web.archive.org/web/20190208093448/http://www.boerse-frankfurt.de/en/equities/indices/euro%20stoxx%2050%20EU0009658145/constituents|archive-date=8 February 2019|access-date=22 October 2015}}</ref> In 2023, the company was ranked 48th in the Forbes Global 2000.<ref>{{Cite web|language=en|url=https://www.forbes.com/lists/global2000/?sh=51d599675ac0|title=The Global 2000 2023|website=Forbes|access-date=2024-02-07|archive-date=2024-01-29|archive-url=https://web.archive.org/web/20240129031905/https://www.forbes.com/lists/global2000/?sh=4f5ab07e5ac0}}</ref>

==Name== Despite being written by the company in upper case, "AXA" is not an acronym. It was chosen because its name can be pronounced easily by people who speak any language. After acquiring the Drouot Group in 1982, chairman and CEO Claude Bébéar hired an outside consultant to conduct a computer-aided search for a new name. Bébéar wanted a short and snappy name to convey vitality and could be pronounced the same way in every language, consistent with the group's desire for an international presence. Initially, "Elan" was the top choice, but Canadian executives balked because "élan" is the French word for a moose or elk. In 1985, Bébéar chose the name Axa.<ref>{{cite web |url=http://www.axa.com/en/group/history/axa-brand/ |title=The AXA brand |publisher=Axa.com |access-date=20 December 2012 |archive-url=https://web.archive.org/web/20121208094446/http://www.axa.com/en/group/history/axa%2Dbrand/ |archive-date=8 December 2012 }}</ref>

==History== The company was founded in 1816 as Mutuelle del Assurance contre l'Incendie (the Ancienne Mutuelle).<ref>{{cite web|url=https://www.axa-iom.co.im/dotnet/ePublic/basic.aspx?id=AdvCorpAXAGrp |title=Axa Isle of Man: History |publisher=Axa-iom.co.im |date=12 November 1996 |access-date=20 December 2012 |archive-url=https://web.archive.org/web/20120308225001/https://www.axa-iom.co.im/dotnet/ePublic/basic.aspx?id=AdvCorpAXAGrp |archive-date=8 March 2012 }}</ref> It acquired Compagnie Parisienne de Garantie in 1978 and became Mutuelles Unies.<ref name=history>{{cite web|url=http://www.axa.com/en/group/history/milestones/ |title=milestones |publisher=Axa |access-date=20 December 2012 |archive-url=https://web.archive.org/web/20120503011402/http://www.axa.com/en/group/history/milestones/ |archive-date=3 May 2012 }}</ref> In 1982, it merged with the Drouot Group, owned by the Hottinguer family, becoming Mutuelles Unies/Drouot.

The firm adopted the Axa name in 1986.<ref name=history/> Axa took over The Equitable in 1991<ref name=history/> and bought Union des Assurances de Paris (UAP), France's largest insurer, in 1996 to become Axa-UAP. It reverted to the name Axa in 1999.<ref>[http://www.iht.com/articles/1996/11/13/insurance.t.php Axa to buy UAP] {{webarchive|url=https://web.archive.org/web/20090523083212/http://www.iht.com/articles/1996/11/13/insurance.t.php |date=23 May 2009 }} International Herald Tribune, 13 November 1996</ref> In February 1999, Axa acquired Guardian Royal Exchange.<ref>[https://query.nytimes.com/gst/fullpage.html?res=9E01E1DC1238F931A35751C0A96F958260 Axa of France to buy Guardian of Britain] New York Times, 2 February 1999</ref> In May 2000, it acquired all shares it did not already own in Sun Life & Provincial Holdings.<ref>[https://www.independent.co.uk/news/business/news/sun-life-stock-soars-as-axa-ups-bid-to-pound24bn-for-remaining-stake-716723.html Sun Life Stock soars as Axa ups bid to £24bn for remaining stake] {{webarchive|url=https://web.archive.org/web/20090526011138/http://www.independent.co.uk/news/business/news/sun-life-stock-soars-as-axa-ups-bid-to-pound24bn-for-remaining-stake-716723.html |date=26 May 2009 }} Independent, 3 May 2000</ref> On 14 June 2006, Axa acquired Winterthur Group from Credit Suisse for approximately €9&nbsp;billion.<ref>[http://news.bbc.co.uk/1/hi/business/5078442.stm Axa buys Swiss rival Winterthur] {{webarchive|url=https://web.archive.org/web/20070105043921/http://news.bbc.co.uk/1/hi/business/5078442.stm |date=5 January 2007 }} BBC News, 14 June 2006</ref> As of 2011, Axa was the second most powerful transnational corporation in terms of corporate control over global financial stability.<ref>{{cite web |url=http://images.zeit.de/wissen/2012-05/s37-infografik-wirtschaft.pdf |title=Archived copy |access-date=11 August 2016 |archive-url=https://web.archive.org/web/20161004225112/http://images.zeit.de/wissen/2012-05/s37-infografik-wirtschaft.pdf |archive-date=4 October 2016 }}</ref><ref>{{cite journal |title = The Network of Global Corporate Control |author1 = Stefania Vitali |author2 = James B. Glattfelder |author3 = Stefano Battiston |journal = PLOS One |volume = 6|issue = 10|article-number = e25995|date = 26 October 2011 |doi = 10.1371/journal.pone.0025995 |pmid = 22046252|pmc = 3202517 |arxiv = 1107.5728 |bibcode = 2011PLoSO...625995V|doi-access = free }}</ref>

In May 2016, the firm announced that it would stop investing in tobacco shares and bonds and allow its portfolio of tobacco-related bonds to run off.<ref>{{cite web|url=http://www.fundsandshares.co.uk/interesting/axa-stops-investing-tobacco-companies/|title=Axa stops investing in tobacco shares and bonds - FundsandShares.co.uk|date=23 May 2016|archive-url=https://web.archive.org/web/20160816165730/http://www.fundsandshares.co.uk/interesting/axa-stops-investing-tobacco-companies/|archive-date=16 August 2016}}</ref> On 12 September 2018, Axa acquired XL Group Ltd., a Bermuda-based property and casualty commercial lines insurer and reinsurer, for $15.3&nbsp;billion.<ref>{{Cite web|url=http://www.businessinsurance.com/article/20180912/NEWS06/912323959/Axa-completes-$15-billion-acquisition-of-XL-Group-Fitch-ratings-upgraded|title=Axa completes $15B acquisition of XL Group, ratings upgraded|website=Business Insurance|access-date=13 February 2019}}</ref> In October 2019, the company sold Axa Bank Belgium to Crelan for €620&nbsp;million (US$688.51&nbsp;million).<ref>{{Cite news|url=https://www.reuters.com/article/axa-ma-belgium-idUSL5N27A1RK|title=French insurer AXA to sell its Belgian bank for $689 mln|date=25 October 2019|work=Reuters|access-date=25 October 2019|language=en}}</ref><ref>{{Cite web|url=https://www.businesstimes.com.sg/banking-finance/french-insurer-axa-to-sell-its-belgian-bank-for-620m-euros|title=French insurer AXA to sell its Belgian bank for 620m euros|date=25 October 2019|website=The Business Times|language=en|access-date=25 October 2019}}</ref>

In 2019, Axa partially disinvested from the Israeli arms group Elbit Systems following pressure from the Boycott, Divestment and Sanctions movement.<ref name=FIFAD>{{cite news |url=https://www.middleeastmonitor.com/20190418-france-insurance-firm-axa-divests-from-israel-arms-manufacturer/ |title=France investment firm AXA IM divests from Israel arms manufacturer |publisher=Middle East Monitor}}</ref> The move followed several years of campaigning by NGOs, including an April 2018 petition launched by SumOfUs that received 140,000 signatures, leading Axa to "quietly reduce" its investments in Elbit and Israeli banks.<ref name=FIFAD/> Axa remains indirectly invested in Elbit and Israeli banks through a non-controlling interest in its former subsidiary Alliance Bernstein.<ref name=FIFAD/>

In 2023, Axa has increased investments in Israel as a shareholder in three Israeli banks known to support the Israeli occupation of the West Bank: Bank Hapoalim (US$9.99M), Bank Leumi (US$6M), and Israel Discount Bank (US$3.4M). By August 2024, however, AXA had completed a "full divestment" from all three banks, according an analysis by ethical-investing advocacy group Ekō.<ref>{{Cite web |last=Hussain |first=Murtaza |date=2024-09-06 |title=French Insurance Firm Succumbs to Years-Long Pressure to Divest From Israeli Banks |url=https://www.dropsitenews.com/p/idf-kills-american-in-west-bankfrench |url-status=live |archive-url=https://web.archive.org/web/20240906230829/https://www.dropsitenews.com/p/idf-kills-american-in-west-bankfrench |archive-date=2024-09-06 |access-date=2024-09-06 |website=Drop Site News |language=en}}</ref>

In February 2023, the company sold a 7.94% stake in Banca Monte dei Paschi di Siena (MPS) to institutional investors. The package included approximately 100,000,000 MPS shares at a price of €2.33 (US$2.50) per share, for a total transaction value of €233&nbsp;million (US$250&nbsp;million). Axa retained 0.0007% of the Italian bank's capital.<ref>{{Cite web|language=en|url=https://www.atlas-mag.net/en/category/pays/italie/axa-sells-its-stake-in-banca-monte-dei-paschi-di-siena|title=AXA sells its stake in Banca Monte dei Paschi di Siena|website=Atlas Magazine|access-date=2024-02-26|archive-date=2024-02-17|archive-url=https://web.archive.org/web/20240217134709/https://www.atlas-mag.net/en/category/pays/italie/axa-sells-its-stake-in-banca-monte-dei-paschi-di-siena}}</ref>

Axa Investment Managers acquired France's Bry-sur-Marne film studio and the {{convert|12|ha|adj=on}} plot of land on which it is located for €150m in June 2023.<ref>{{Cite web|language=en|url=https://www.screendaily.com/news/axa-acquires-frances-bry-sur-marne-film-studio-in-150m-deal-plans-to-double-production-capacity/5182841.article|title=Axa acquires France's Bry-sur-Marne film studio in €150m deal, plans to double production capacity|website=Screendaily|access-date=2024-02-25|archive-date=2023-06-05|archive-url=https://web.archive.org/web/20230605133432/https://www.screendaily.com/news/axa-acquires-frances-bry-sur-marne-film-studio-in-150m-deal-plans-to-double-production-capacity/5182841.article}}</ref>

==Headquarters== [[File:Palazzo AXA.JPG|thumb|right|Italian Headquarters in Milan]] Axa headquarters is located in the 8th arrondissement of Paris.<ref>{{cite web|url=http://www.axa.com/en/question.aspx|title=AXA - F.A.Q.|access-date=7 July 2010|archive-url=https://web.archive.org/web/20100709105223/http://www.axa.com/en/question.aspx|archive-date=9 July 2010}}</ref> Axa, which already owned 23 Avenue Matignon, acquired the former Hôtel de La Vaupalière, an 18th-century building, in the late 1990s. Architect Ricardo Bofill integrated the facade of the hotel with a modern glass building that covers the courtyard that the hotel also occupies. The complex serves as Axa's head office.<ref>[http://www.journaldunet.com/economie/reportage/les-sieges-sociaux-des-entreprises-du-cac-40/axa-allie-patrimoine-et-modernite.shtml Axa allie patrimoine et modernité] {{webarchive|url=https://web.archive.org/web/20110928181246/http://www.journaldunet.com/economie/reportage/les-sieges-sociaux-des-entreprises-du-cac-40/axa-allie-patrimoine-et-modernite.shtml |date=28 September 2011 }}. ''{{Interlanguage link|Le Journal du Net|fr}}''. Retrieved on 7 July 2010.</ref>

== Finances == {| class="wikitable" style="text-align:right" |+ Financial data in €&nbsp;millions<ref>{{Cite web |date=2025-05-02 |title=AXA AKTIE Bilanz GuV {{!}} Umsatz und Gewinn {{!}} 855705 |url=https://www.finanzen.net/bilanz_guv/axa |access-date=2025-05-02 |website=finanzen.net |language=de}}</ref> !Year !2018 !2019 !2020 !2021 !2022 !2023 !2024 |- |style="text-align:left"|Revenue |117,100 |124,964 |101,707 |110,654 |92,124 |101,147 |107,866 |- |style="text-align:left"|Net income |2,306 |3,627 |2,987 |7,099 |6,494 |7,004 |7,130 |- |style="text-align:left"|Assets |904,944 |757,908 |777,617 |738,521 |657,060 |644,449 |653,762 |- |style="text-align:left"|Employees |104,065 |99,843 |96,595 |92,398 |90,443 |94,705 |100,041 |}

==Operations== 400px|thumb|right|Axa Group global locations

=== United Kingdom === Axa trades in the United Kingdom as Axa UK, with subsidiaries including Axa Insurance, Axa Wealth and Axa Health. Axa PPP International was the trading name for Axa PPP healthcare's international health insurance division, which was later rebranded as Axa Global Healthcare on 1 January 2017. The company bought the online insurer Swiftcover, which was notorious for its controversial Iggy Pop TV advertising campaign, which was subsequently banned for being misleading, on the grounds that Iggy Pop would not be eligible for cover as someone working in the entertainment industry.<ref>{{cite news | url=https://www.theguardian.com/money/2009/apr/29/iggy-pop-swiftcover-insurance-advert-ban | title=Swiftcover's Iggy Pop advert banned | newspaper=The Guardian | date=29 April 2009 | last1=Haurant | first1=Sandra }}</ref>

In September 2013, Axa Wealth was fined £1.8&nbsp;million by the FCA for failing to ensure it gave suitable investment advice to its customers. The regulator says it found "serious defects" in the way Axa advisers in Clydesdale Bank, Yorkshire Bank and the West Bromwich Building Society advised customers on investments.<ref>{{cite web|url=http://www.moneymarketing.co.uk/news-and-analysis/news/axa-wealth-fined-18m-for-investment-advice-failings/2000357.article|title=Axa Wealth fined £1.8m for investment advice failings|url-status = live|archive-url=https://web.archive.org/web/20131003131300/http://www.moneymarketing.co.uk/news-and-analysis/news/axa-wealth-fined-18m-for-investment-advice-failings/2000357.article|archive-date=3 October 2013|date=19 September 2013}}</ref>

In 2018, they became the 'Official Global Insurance' partner of Premier League team Liverpool F.C. and in 2019, began sponsoring the training kits of the team.<ref>{{cite web |title=Liverpool FC partnership |url=https://www.axa.co.uk/about/axa-group-and-liverpool-fc-partnership/ |website=AXA.co.uk |publisher=AXA |access-date=22 May 2021}}</ref> In 2020, the partnership was cemented further, when they purchased the naming rights to the club's newly built training centre, which became officially known as 'The AXA Training Centre.'<ref>{{cite web |last1=Dixon |first1=Ed |title=Liverpool expand AXA deal to include training centre naming rights |url=https://www.sportspromedia.com/news/liverpool-axa-training-centre-naming-rights-deal |website=SportsPro Media |date=27 October 2020 |publisher=SportsPro Media Ltd. |access-date=22 May 2021}}</ref>

In 2016, Axa Wealth was sold to the Phoenix Group, which later changed its name to Standard Life plc in 2026.<ref>{{Cite web|date=27 May 2016|title=AXA UK sells AXA Wealth and SunLife to Phoenix; announces leadership change|url=https://www.investmentweek.co.uk/investment-week/news/2459636/axa-uk-sells-axa-wealth-sunlife-phoenix-announces-leadership-change|access-date=3 March 2021|website=www.investmentweek.co.uk|language=en}}</ref>

===Axa Health=== Axa Health sells private medical insurance in the UK and was known as Axa PPP Healthcare until 2020.<ref>{{Cite web |title=Homepage |url=https://www.axahealth.co.uk/about-us/ |access-date=2022-12-04 |website=AXA Health |language=en-GB}}</ref> It was previously the London Association for Hospital Services, set up in 1938 as a private healthcare scheme for people of middle income in London.<ref>{{cite web|url=http://www.pacificprime.com/insurers/axa-ppp/company-history/ |title=Axa PPP Company History |publisher=Pacificprime.com |date= |access-date=26 November 2013}}</ref><ref>{{cite web |last=Barrett |first=Sam |url=http://www.employeebenefits.co.uk/buyers-guide-to-private-medical-insurance/13457.article |title=Buyer's guide to private medical insurance &#124; Buyer's guide |publisher=Employee Benefits |date=30 August 2011 |access-date=26 November 2013 |archive-date=3 December 2013 |archive-url=https://web.archive.org/web/20131203012126/http://www.employeebenefits.co.uk/buyers-guide-to-private-medical-insurance/13457.article }}</ref> It was incorporated in 1940 with assistance from the British Medical Association, the King's Fund, and the medical royal colleges.<ref>{{cite web|author=The Committee Office, House of Commons |url=https://publications.parliament.uk/pa/cm199899/cmselect/cmhealth/281/281ap14.htm |title=House of Commons - Health - Appendices to the Minutes of Evidence |publisher=Publications.parliament.uk |date=21 July 1999 |access-date=26 November 2013}}</ref>

Guardian Royal Exchange Assurance bought it in 1998 for £435&nbsp;million; a year later it was bought by Sun Life & Provincial Holdings, an Axa subsidiary.<ref>{{cite web|url=http://www.ukbusinesspark.co.uk/gue31280.htm |title=Guardian Royal Exchange - market intelligence |publisher=Ukbusinesspark.co.uk |access-date=26 November 2013 |archive-url=https://web.archive.org/web/20131203013751/http://www.ukbusinesspark.co.uk/gue31280.htm |archive-date=3 December 2013 }}</ref>

===Axa Global Healthcare === Axa Global Healthcare has previously been known as Axa PPP International, Axa Global Protect or Axa Healthcare Management. In 2017, the subsidiary Axa Global Healthcare became an independent Managing General Agent, selling and administering international health insurance products. While Axa Health provides insurance across the UK, Axa - Global Healthcare caters to those needing health insurance around the world.<ref name="AXA Global Healthcare Journey - About Us">{{cite web |title= AXA Global Healthcare Journey - About Us |url=https://www.axaglobalhealthcare.com/en/about-us/ |website=AXA }}</ref>

In 2018, Axa Global Healthcare launched a Virtual Doctor service for its customers with outpatient cover and in 2020 offered it across all plans.<ref name="AXA – Global Healthcare introduces virtual doctor service">{{cite web |title=AXA – Global Healthcare introduces virtual doctor service |url=https://www.axaglobalhealthcare.com/en/about-us/news/2018/virtual-doctor-service/ |website=AXA }}</ref> Provided by Teladoc Health, it offers anytime access to medical advice by phone or video by doctors located around the world who speak more than 15 languages and is targeted at expatriates.<ref>{{cite news |title=AXA - Global Healthcare introduces virtual doctor service |url=https://www.buildingbetterhealthcare.co.uk/news/article_page/AXA__Global_Healthcare_introduces_virtual_doctor_service/147626/cn164706 |access-date=8 November 2018 |publisher=Building Better Healthcare |date=3 October 2018 |archive-date=21 December 2019 |archive-url=https://web.archive.org/web/20191221014058/https://www.buildingbetterhealthcare.co.uk/news/article_page/AXA__Global_Healthcare_introduces_virtual_doctor_service/147626/cn164706 }}</ref>

===Axa Ireland=== Axa established a presence in Ireland in 1999 when it bought British-based Guardian Royal Exchange,<ref>{{Cite news|url=https://www.nytimes.com/1999/02/02/business/international-business-axa-of-france-to-buy-guardian-of-britain.html|title=INTERNATIONAL BUSINESS; AXA of France to Buy Guardian of Britain|first=Joseph B.|last=Treaster|work=The New York Times |date=2 February 1999}}</ref> which had previously acquired PMPA.<ref name="irishtimes.com" /> PMPA, Private Motorists Protection Association,<ref>{{Cite news|url=http://news.bbc.co.uk/2/hi/uk_news/northern_ireland/8609161.stm|title=Irish insurance troubles nothing new|date=8 April 2010|via=news.bbc.co.uk}}</ref> was at the time one of Ireland's biggest insurance companies. It is the third-largest general insurer in the Republic of Ireland.<ref name="irishtimes.com">{{Cite news|url=http://www.irishtimes.com/newspaper/finance/2009/0420/1224245023451.html|title=Irish Times - AXA plans €10m investment to expand financial services|newspaper=The Irish Times }}</ref>

In August 2023, it was announced Axa had acquired the Little Island, Cork-headquartered health insurance company, Laya Healthcare for €650&nbsp;million.<ref>{{Cite web |last=Lawther |first=Robbie |date=2023-08-03 |title=Axa boosts European health operation with €650m acquisition |url=https://international-adviser.com/axa-boosts-european-health-operation-with-e650m-acquisition/ |access-date=2023-08-03 |website=International Adviser |language=en-GB}}</ref>

=== Axa Canada === Axa Canada marketed insurance in Quebec, Ontario, Western Canada and Atlantic Canada. In 2009 it had a total of approximately 2300 employees and 4000 brokers and advisors. The head office was in Montreal, Quebec. In 2011 it was sold to Intact Financial Corp. for C$2.6&nbsp;billion.<ref>{{cite news|url=https://www.reuters.com/article/2011/05/31/us-axacanada-intact-idUSTRE74U62C20110531|title=Intact to acquire Axa's Canadian arm for C$2.6&nbsp;billion|last=Rocha|first=Euan|date=31 May 2011|work=Reuters|archive-url=https://web.archive.org/web/20151120003015/http://www.reuters.com/article/2011/05/31/us-axacanada-intact-idUSTRE74U62C20110531|archive-date=20 November 2015}}{{cite web |url=https://www.intact.ca/acquisition-axa |title=Acquisition Axa |access-date=5 July 2017 |archive-url=https://web.archive.org/web/20140610131658/http://www.intact.ca/acquisition-axa |archive-date=10 June 2014 }}</ref>

=== AXA United States === The American arm of Axa is ''Axa Financial, Inc.'', which is known mainly through its subsidiaries such as ''Axa Advisors'', ''Axa Network'', ''MONY'' (formerly Mutual of New York), ''US Financial Life'', and ''AllianceBernstein''.<ref>{{cite web|title=About Us: Axa Group|url=http://www.axa-equitable.com/axa/axa-group.html|url-status = live|archive-url=https://web.archive.org/web/20130808070634/http://www.axa-equitable.com/axa/axa-group.html|archive-date=8 August 2013}}</ref> The Equitable was acquired in 1991; the Mutual Life Insurance Company of New York (MONY) was acquired in 2004.<ref>{{Cite news| issn = 0362-4331| last1 = Malkin| first1 = Lawrence| last2 = Neher| first2 = Jacques| title = French Insurer To Put $1&nbsp;billion Into Equitable: Axa Buys Stake in U.S. Firm| work =The New York Times| access-date = 19 April 2015| date = 19 July 1991| url = https://www.nytimes.com/1991/07/19/news/19iht-axa_.html|url-status = live| archive-url = https://web.archive.org/web/20150420034732/http://www.nytimes.com/1991/07/19/news/19iht-axa_.html| archive-date = 20 April 2015}}</ref><ref>{{Cite news| issn = 0362-4331| last = Norris| first = Floyd| title = Axa wins bitter fight for MONY| work =The New York Times| access-date = 19 April 2015| date = 19 May 2004| url = https://www.nytimes.com/2004/05/19/business/worldbusiness/19iht-axa_ed3_.html|url-status = live| archive-url = https://web.archive.org/web/20150420040335/http://www.nytimes.com/2004/05/19/business/worldbusiness/19iht-axa_ed3_.html| archive-date = 20 April 2015}}</ref>

Axa's US operations are incorporated in Delaware.<ref>{{cite web | website=10-K | url = https://www.sec.gov/Archives/edgar/data/1333986/133398619000010/0001333986-19-000010-index.htm | title = 10-K | access-date = 1 June 2019 | ref = {{harvid|10-K|2018}}}}</ref>

=== Mexico === In July 2008, Axa acquired ING Insurance Mexico, offering essentially the same services that ING offered. Axa then sued an ING Group subsidiary over alleged misrepresentations in the $1.5&nbsp;billion sale stating it suffered "tens (if not hundreds) of&nbsp;millions of dollars in damages."<ref name="AXA sues ING">{{cite news|last1=Freifeld|first1=Karen|title=Axa Sues ING Over $1.5&nbsp;billion Mexican Company Sale|url=https://www.bloomberg.com/news/articles/2010-11-29/axa-sues-ing-in-new-york-over-1-5-billion-mexican-insurance-company-sale|access-date=27 September 2016|publisher=Bloomberg News|date=29 November 2010|url-status = live|archive-url=https://web.archive.org/web/20161001155507/http://www.bloomberg.com/news/articles/2010-11-29/axa-sues-ing-in-new-york-over-1-5-billion-mexican-insurance-company-sale|archive-date=1 October 2016}}</ref>

=== Australia === In 1995 the Axa Group purchased a 51 per cent controlling interest in Australian life insurer, National Mutual<ref>[https://trove.nla.gov.au/newspaper/article/128285018 National Mutual chief defends Axa plan] ''Canberra Times'' 3 July 1995 page 22</ref><ref>[https://trove.nla.gov.au/newspaper/article/261622360 National Mutual sale] ''Australian Jewish Times'' 6 October 1995 page 31</ref> It was rebranded Axa.<ref>[https://web.archive.org/web/20230912111226/https://www.afr.com/companies/national-mutual-stuck-in-the-middle-19990125-kb5u9 National Mutual stuck in the middle] ''Australian Financial Review'' 25 January 1999</ref><ref>[https://web.archive.org/web/20230912112054/https://www.afr.com/politics/national-name-change-to-axa-is-not-mutual-19990528-jgjme National name change to Axa is not mutual] ''Australian Financial Review'' 28 March 1999</ref> In March 2011, Axa agreed to merge its Australian operations with AMP under the AMP brand.<ref>[https://www.abc.net.au/news/2011-03-02/axa-shareholders-approve-takeover-by-amp/1964348 AXA shareholders approve takeover by AMP] ''ABC News'' 2 March 2011</ref><ref>[https://announcements.asx.com.au/asxpdf/20110401/pdf/41xsxccb716h44.pdf Sale of AXA APH's Asian business to AXA SA complete] AMP 1 April 2011</ref><ref>[https://www.ato.gov.au/forms-and-instructions/merger-of-amp-limited-and-axa-asia-pacific-holdings Merger of AMP Limited (AMP) and AXA Asia Pacific Holdings (AXA) fact sheet] Australian Taxation Office 28 September 2011</ref>

=== Africa === In April 2016 Axa unveiled a partnership with Lloyd's of London insurer Chaucer Holdings to enter the growing market of speciality insurance in Africa. Axa Africa Specialty Risks helps to mitigate risks through its coverholder, Chaucer Syndicate 1084 and Axa Africa Specialty Risks 6130. Axa ASR focuses on specialty and corporate lines, with coverage and an on-the-ground presence across Africa. Axa and Lloyd's both have excellent international financial strength ratings (AA- by Fitch and A+ by Standard & Poor's). The lines of business include: Political Risk, Political Violence and Terrorism, Energy, Construction, Property, Liability, Marine and Aviation. Since 2014 Axa has made several acquisitions of other insurers in an attempt to expand. Axa already operates in Cameroon, Egypt, Gabon, Ivory Coast, Morocco, Nigeria, Senegal and Algeria.<ref name="AXA SA">{{cite web|title=Axa SA |url=http://www.plunkettresearch.com/company-profile/axa-sa/|website=Plunkett Research|access-date=27 September 2016|url-status = live|archive-url=https://web.archive.org/web/20161001181341/http://www.plunkettresearch.com/company-profile/axa-sa/|archive-date=1 October 2016}}</ref> Axa Africa also has a role in the trade between Asia and some African countries.<ref>{{Cite web |date=22 September 2022 |title=Assurances: comment Axa Africa joue la carte de l'Asie |url=https://www.jeuneafrique.com/1376140/economie/assurances-comment-axa-africa-joue-la-carte-de-lasie/ |website=Jeune Afrique}}</ref>

=== Kamet Ventures === In January 2016, Axa created Kamet Ventures, an insurtech incubator, to build disruptive businesses in the insurance, healthcare and assistance space with an initial funding of €100&nbsp;million. Some of Kamet's investments include an insurance advice platform, Anorak Technologies and an elderly care platform, Birdie.<ref>{{Cite news|url=https://www.forbes.com/sites/johnwelsheurope/2018/11/26/birdie-raises-e7m-to-keep-the-elderly-living-at-home/#7555ec4f57e3|title=Birdie Raises €7M To Keep The Elderly Living At Home |date=26 November 2018|work=Forbes|access-date=12 December 2018|language=en-US}}</ref><ref>{{Cite news|url=https://www.kametventures.com/kamet-the-beginning/|title=Kamet, The beginning! - Kamet Ventures|date=15 January 2016|work=Kamet Ventures|access-date=25 January 2018|language=en-US}}</ref><ref>{{Cite news|url=https://www.axa.com/en/newsroom/press-releases/axa-launches-kamet|title=Axa {{!}} Axa launches Kamet, a €100m InsurTech incubator|access-date=25 January 2018|language=en|url-status = live|archive-url=https://web.archive.org/web/20180126012726/https://www.axa.com/en/newsroom/press-releases/axa-launches-kamet|archive-date=26 January 2018}}</ref>

===Axa Investment Managers=== {{main|Axa Investment Managers}} Axa Investment Managers (Axa IM), was a global investment management company with offices in over 22 locations worldwide. As of 31 December 2020, it managed over €858&nbsp;billion in assets on behalf of institutional and retail clients. It operated as the investment arm for Axa. In December 2024 it was acquired by BNP Paribas.

=== Axa Hong Kong & Macau === Axa Asia Pacific Holdings Limited acquired MLC (Hong Kong) Limited and re-branded it as Axa (Hong Kong) Life Insurance Company Limited in 2006.<ref>{{Cite news|last=Thurlow|first=Rebecca|date=22 February 2006|title=AXA Asia Pacific Sets Deal|language=en-US|work=The Wall Street Journal|url=https://www.wsj.com/articles/SB114054479278979205|access-date=10 June 2021|issn=0099-9660}}</ref>

===Former holdings=== {{further|SunLife}} In 2010, Axa sold a UK business unit called SunLife to Resolution Limited.<ref>{{Cite web | url=http://www.fsa.gov.uk/pubs/final/resolution_axa.pdf | title=Accessing Financial Services Authority website content| date=20 May 2019 | archive-url=https://web.archive.org/web/20101007091904/http://www.fsa.gov.uk/pubs/final/resolution_axa.pdf | archive-date=7 October 2010 }}</ref>

In 2021, the Gulf Insurance Group acquired Axa's holdings in the Gulf region, rebranding them as GIG in the Middle East.<ref>{{cite web|url=https://www.insurancebusinessmag.com/asia/news/breaking-news/gulf-insurance-group-completes-buyout-of-axas-gulf-region-business-309256.aspx |title=Gulf Insurance Group completes buyout of AXA's Gulf region business |publisher=insurancebusinessmag.com |date=8 September 2021 |access-date=1 August 2023}}</ref> ==See also== {{Portal|France|Companies}} * Axa Investment Managers * Ardian (formerly Axa Private Equity)

==References== {{reflist}}

==External links== {{Commons category}} * {{Official website}} * {{PM20|FID=co/002028|TEXT=Documents and clippings about|NAME=}} {{Axa}} {{Navboxes |list = {{Euro Stoxx 50 Companies}} {{CAC 40 companies}} {{DJSI World}} {{Major insurance companies}} {{ICISA members}} {{authority control}} }}

{{DEFAULTSORT:Axa}} Category:Axa Category:Financial services companies established in 1816 Category:Insurance companies of France Category:Companies based in Paris Category:Companies_involved_in_the_Gaza_war Category:Companies listed on Euronext Paris Category:French brands Category:Multinational companies headquartered in France Category:CAC 40 Category:Companies in the Euro Stoxx 50 Category:French companies established in 1816