What does axa stand for

The group announced in early June its withdrawal from the Canadian market with the sale of its subsidiary company AXA Canada to Intact Financial for 2. The remaining turnover is split between asset management, banking and other insurance operations. Operating results amounted to 3. The capitalization of the company was at the end of up to BNP-Paribas owns 5. Employees, all shareholders, hold 6. FR EN. Create an account Login. Last update: November 12, 17h AXA group: history and growth.

The group AXA has been established by way of merging several insurance companies the oldest of which dates back to Yet, it was not until the s that the brand was affirmed. At that time, Theodore Jacques le Carpentier along with 17 other shareholders, established a mutual insurance company headquartered in Rouen. AXA would inherit both features until As with any mutual company, policyholders become members, but only for five years.

A plate marked with the letters P. In the company, which had members, paid its first loss amounting to 7. The AXA Group, which is present in 64 countries, has million customers throughout the world and manages employees. Average: 0. Your rating: None. AtlasMagazine July The asset management business involves investing and managing assets for the Group's insurance companies and their clients, as well as for third parties, both retail and institutional clients.

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