Axa News
AXA Fund Arm to Ditch Oil and Gas Companies if Emissions-Reduction Plans Fall Short
The fund arm of French insurer AXA said on Monday it would take a tougher line with oil and gas companies over their environmental impact, selling out of laggards after three years if their ...
AXA Will Invest $1.7B to Fight Deforestation, Preserve Biodiversity
French insurer Axa said on Thursday it will invest 1.5 billion euros ($1.74 billion) to support sustainable forest management as part of new commitments to fight deforestation and preserve ...
Climate Change Returns as a Top Insurance Industry Concern
Climate change has returned to the top of the list of insurers' biggest concerns as the vaccine roll-out and gradual lifting of health restrictions see pandemic fears ease in many countries. Global ...
AXA 1st Half Net Income Up 180%; XL Unit Swings to Profit
AXA posted a 180% surge in first-half net income on Monday as the French insurer rebounded from a spike in pandemic-related claims that led to a 1.5 billion euro ($1.8 billion) charge last year. ...
Generali to Acquire AXA Malaysia Insurance Assets
Italy's top insurer Generali has agreed to buy Axa's insurance assets in Malaysia and take full ownership of a joint-venture it runs in the country to strengthen its local presence. The deals will ...
AXA, Broadband Network Partner to Embed Homeowners Insurance
Hong Kong Broadband Network Limited (HKBN) is now offering customers an "All-in-One Home Kit," complete with fiber broadband service and home insurance from AXA Hong Kong and Macau (AXA). The kit ...
AXA Investment Managers Broaden Deforestation Exclusions
AXA Investment Managers is expanding its palm oil investment strategy to exclude companies involved in major land use controversies or in causing biodiversity loss due to soy, cattle and timber, it ...
AXA Reverses Course, Offering Settlement Addressing COVID-19 BI Claims for French Restaurant Owners
AXA has offered a settlement to 15,000 French restaurant owners that purchased non-damage business interruption insurance after previously denying coverage during the 2020 COVID-19 lockdowns. AXA ...