Axa News
Allianz Joins IFC Global Infrastructure Program With $500M Investment
World Bank Group member IFC is launching a program designed to raise $5 billion for infrastructure development in emerging markets. Allianz is among the global investors. IFC, a global development ...
AXA CEO Reportedly Denies Plans to Merge With Large Rivals
French insurer AXA has no plans to merge with large rivals, its chief executive told a German newspaper, responding to recent speculation about a possible takeover of Italian peer Generali. "That ...
AXA Restructuring: Execs May Slash 600 Insurance Jobs in Belgium
Axa SA is considering cutting 650 jobs in Belgium over the next two years, as Europe's second-largest insurer overhauls its range of products sold in the country. Axa Belgium has presented the plan ...
Allianz, AXA Reportedly Bidding for StanChart Asia Insurance Rights
Allianz SE, Europe's biggest insurer, and France's Axa SA were among first-round bidders for the rights to distribute general insurance products through Standard Chartered Plc outlets in Asia, ...
Axa, Europe’s 2nd-Biggest Insurer, Sees Property Sales Boost Profit
Axa, Europe's second-biggest insurer, reported a weaker than expected 4 percent rise in its first-half net profit, hit by lower investment returns, higher claims and despite a boost from real estate ...
AXA, China Online E-Commerce Giant Alibaba to Explore Distribution Partnership
AXA is hoping to get into the global e-commerce game through a new partnership formed with China's online marketplace giant Alibaba. The arrangement actually involves three parties: AXA, Alibaba and ...
AXA Plans to Cut $2.4B in Costs by 2020
AXA SA, France's largest insurer, plans to increase profitability through 2020 by seeking 2.1 billion euros ($2.4 billion) of cost cuts and growing digital investments to tap rising demand for ...
Allianz, AXA, USAA Recognized in First Innovation in Insurance Awards
Allianz, AXA and USAA are among the winners of the first annual Innovation in Insurance awards. The program, jointly launched by Efma and Accenture, seeks to reward and foster innovation in the ...